Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE

Shine Resunga Development Bank Ltd (SHINE) has launched 50,28,741.99 unit bonus shares on NEPSE.

On the 25th Poush, the firm held its 14th AGM and approved a 14% dividend for fiscal year 2078/79. On the 7th of Mangsir 2079, the 266th meeting of the board of directors suggested a 14% dividend from the paid-up capital. The bank has a paid-up capital of Rs. 3.78 Arba. There was a proposal for 13.3% bonus shares worth Rs. 50.28 crores and a 0.7% cash dividend (including tax) of Rs 2.64 crores.

Today, SHINE finished at Rs. 335.90.

Highlights:

• Chhimek Laghubitta (CBBL) will pay a cash dividend of 3.26% to shareholders’ bank accounts.
• Siddhartha Insurance’s (SIL) 9% Bonus Shares are Currently Listed on the NEPSE
• Neco Insurance gave 15% bonus shares to demat accounts.
• Radhi Bidyut Corporation and Himalayan Bank Bonus Shares are Now Listed on the NEPSE
• Bindhyabasini Hydropower Development Company’s 5% bonus shares are now listed on the NEPSE.