Tag: Bonus

  • Kalika Laghubitta Bittiya Sanstha Bonus Shares Listed on NEPSE

    Kalika Laghubitta Bittiya Sanstha Bonus Shares Listed on NEPSE


    Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) has successfully listed 5,94,463.2816 units of bonus shares on the Nepal Stock Exchange (NEPSE).

    During the company’s 13th Annual General Meeting held on 29th Chaitra, it was decided to distribute a 20% dividend for the fiscal year 2078/79. The board of directors proposed a distribution of 19% bonus shares worth Rs. 5.94 Crores and a 1% cash dividend (for tax purposes) worth Rs. 31.28 Lakhs on the paid-up capital of Rs. 31.28 Crores.

    These bonus shares have now been officially listed on the NEPSE platform. As of the previous trading day, KMCDB’s closing price stood at Rs. 709.

    This listing of bonus shares provides an opportunity for shareholders to trade and benefit from the company’s performance. It reflects the company’s commitment to enhancing shareholder value and rewarding its investors through dividend distribution and stock market participation.

  • National Life Insurance Company Approves Bonus Shares and Cash Dividend in 35th AGM

    National Life Insurance Company Approves Bonus Shares and Cash Dividend in 35th AGM


    National Life Insurance Company recently held its 35th Annual General Meeting (AGM) under the leadership of its chairman, Ms. Prema Singh, on Jestha 22, 2080.

    During the AGM, the shareholders approved the distribution of 8% bonus shares and a 6.5% cash dividend. Additionally, an additional cash dividend of Rs 1.95 crore was endorsed for taxation purposes. As a result of the capitalization of the bonus shares, the company’s paid-up capital will increase to Rs 5.01 arba.

    According to a media statement, the life insurance company recorded a premium collection of Rs 1440.76 crore during the review period. The life insurance fund also saw growth, reaching Rs 5880.42 crore, while the total investment portfolio expanded to Rs 4703.92 crore.

    These developments reflect the company’s strong financial performance and its commitment to providing value to its shareholders and policyholders.

  • RMDC Laghubitta Bittiya Sanstha Limited Lists 32.26 Lakh Unit Bonus Shares on NEPSE

    RMDC Laghubitta Bittiya Sanstha Limited Lists 32.26 Lakh Unit Bonus Shares on NEPSE


    Recently, RMDC Laghubitta Bittiya Sanstha Limited (RMDC) announced the listing of 32,26,772.45 unit bonus shares on the Nepal Stock Exchange (NEPSE). This development came after the company’s 24th Annual General Meeting (AGM), which took place on the 10th of Chaitra. During the AGM, the shareholders approved a dividend of 27.3684% for the fiscal year 2078/79.

    In a board meeting held on the 19th of Mangsir, the company’s directors decided to distribute the dividend based on the paid-up capital of Rs. 1.24 Arba. The proposed dividend consisted of 26% bonus shares valued at Rs. 32.26 crores and a 1.3684% cash dividend, inclusive of tax, worth Rs. 1.69 crore.

    Following the decision, the bonus shares were officially listed on the NEPSE. Last week, RMDC closed at a price of Rs. 714 per share. This listing provides an opportunity for investors to trade the bonus shares and potentially benefit from the value they hold.

    To summarize, RMDC Laghubitta Bittiya Sanstha Limited has successfully listed 32,26,772.45 unit bonus shares on the NEPSE, following the company’s AGM and subsequent decision by the board of directors to distribute dividends. The market price of RMDC shares closed at Rs. 714 last week, creating potential trading opportunities for investors.

  • HEI Lists 615,983 Unit Bonus Shares on NEPSE

    HEI Lists 615,983 Unit Bonus Shares on NEPSE


    Recently, Himalayan Everest Insurance Limited (HEI) successfully listed 615,983 unit bonus shares on the Nepal Stock Exchange (NEPSE). This development comes after the company held its 29th Annual General Meeting (AGM) on the 29th of Chaitra, where significant decisions were made. During the AGM, the board of directors approved a 2.89% dividend for the fiscal year 2078/79.

    In a meeting held on Poush 26, the 297th meeting of the board, it was decided to distribute the dividend based on the paid-up capital of Rs. 2.23 Arba. The proposal included a distribution of 2.75% bonus shares worth Rs. 6.15 crores and a cash dividend of 0.14% amounting to Rs. 32.42 lakhs. These bonus shares, which were proposed and endorsed during the AGM, have now been successfully listed on the NEPSE.

    As of the current writing, the Last Traded Price (LTP) of HEI stands at Rs. 490. This indicates the market value per share based on recent trading activity. Investors and shareholders of HEI can monitor the market performance and value of their shares based on this LTP. The listing of the bonus shares on the NEPSE provides an opportunity for investors to engage in trading and potentially benefit from the company’s performance and growth in the insurance sector.

  • 11% Bonus Shares of Support Laghubitta Listed in NEPSE

    11% Bonus Shares of Support Laghubitta Listed in NEPSE


    Support Laghubitta Bittiya Sanstha Limited (SMB) has successfully listed 94,380 unit bonus shares on the Nepal Stock Exchange (NEPSE). This development follows the company’s 8th Annual General Meeting (AGM) held on 4th Chaitra, where an 11.57894737% dividend for the fiscal year 2078/79 was endorsed. During the 189th board of directors meeting on Poush 29, it was decided to distribute the dividend on the paid-up capital of Rs. 8.58 crores. The proposal included 11% bonus shares valued at over Rs. 94.38 lakhs and a 0.57894737% cash dividend (including tax) worth over Rs. 4.96 lakhs.

    On the previous trading day, SMB closed at Rs. 940 per share.

  • NEPSE Index Plunges with Significant Losses, All Sector Indices Close in the Red

    NEPSE Index Plunges with Significant Losses, All Sector Indices Close in the Red


    Mithila Laghubitta Bittiya Sanstha Limited (MLBBL) recently listed 2,55,655.77 unit bonus shares on the Nepal Stock Exchange (NEPSE). The company held its 14th Annual General Meeting (AGM) on the 17th of Falgun, during which it approved a dividend of 15.789% for the fiscal year 2078/79.

    In addition to the dividend, the board of directors, in its 231st meeting on Poush 28, decided to distribute 15% bonus shares valued at Rs. 2.55 crores and a cash dividend of 0.789473681%, amounting to Rs. 13.45 lakhs. These dividends were distributed from MLBBL’s paid-up capital of Rs. 17.04 crores. Now, these bonus shares have been officially listed on NEPSE.

    As of the time of writing, the Last Traded Price (LTP) of MLBBL’s shares on NEPSE stands at Rs. 750.

  • Infinity Laghubitta Bittiya Sanstha Urges Shareholders to Pay Tax for 20% Bonus Shares

    Infinity Laghubitta Bittiya Sanstha Urges Shareholders to Pay Tax for 20% Bonus Shares


    During its 6th Annual General Meeting held on 13th Falgun, the company approved the issuance of a 20% bonus share for the fiscal year 2078/79. Subsequently, in a board of directors meeting on Poush 30, it was decided to distribute bonus shares worth Rs. 8,29,02,656.95 from the company’s paid-up capital of Rs. 41.45 crores.

    The bonus shares have already been listed on the Nepal Stock Exchange (NEPSE). Therefore, shareholders who held shares before the book closure date, which was Falgun 02, are required to pay the applicable tax on the proposed dividend.

    Furthermore, if eligible investors had obtained a loan using their shares as collateral before the book closure date, they must provide a No Objection Letter from their lending institution in order to receive the dividend.

  • ADBL Distributes 2% Bonus Shares and Urges Shareholders to Dematerialize

    ADBL Distributes 2% Bonus Shares and Urges Shareholders to Dematerialize


    Agricultural Development Bank Limited (ADBL) has recently taken steps to benefit its shareholders by distributing 2% bonus shares directly to their Demat accounts. To encourage a smoother and more convenient process, the bank urges shareholders to convert their physical shares into electronic form. By doing so, shareholders can easily manage and trade their shares online, aligning with the industry trend towards digitalization.

    During the bank’s 16th Annual General Meeting held on the 14th of Chaitra, a 13% dividend for the fiscal year 2078/79 was approved. This decision reflects ADBL’s strong financial performance during that period. Additionally, during the 1000th meeting of the Board of Directors, held on Poush 26, it was decided to distribute the dividend based on the paid-up capital of Rs. 13.18 Arba. This distribution included a proposal for a 2% bonus share allocation and an 11% cash dividend.

    The allocation of bonus shares allows ADBL to provide its shareholders with additional shares in proportion to their existing holdings. This serves as a way for the bank to share its success with its shareholders and enhance their investment value. The direct deposit of the bonus dividend into the Demat accounts further streamlines the process and offers convenience to shareholders.

    In addition to the bonus shares, ADBL has proposed an 11% cash dividend on the paid-up capital of Rs. 13.18 Arba. This cash dividend distribution allows shareholders to receive a portion of the profits in cash, providing them with immediate financial returns. Moreover, the bank has also decided to distribute a 6% cash dividend specifically for Irredeemable Non-cumulative Preference Shares, ensuring that the holders of these shares also receive their fair share of the profits.

    ADBL’s recent initiatives, such as the direct allocation of bonus shares and the proposed dividends, aim to reward and benefit its shareholders. By urging shareholders to dematerialize their shares, the bank embraces digitalization trends and facilitates smoother transactions and ownership transfers. Through these measures, ADBL seeks to enhance shareholder value and foster a positive relationship with its investor community.

  • NLG, LLBS, ILBS, and SABSL List Bonus Shares on NEPSE

    NLG, LLBS, ILBS, and SABSL List Bonus Shares on NEPSE


    NLG Insurance Company Limited (NLG) has successfully listed 13,26,614.36 unit bonus shares on the Nepal Stock Exchange (NEPSE). This comes after the company’s 17th Annual General Meeting, held on the 20th of Chaitra, where a 10.5263% dividend for the fiscal year 2078/79 was approved. During a board of directors meeting on Mangsir 16, it was decided to distribute this dividend on the paid-up capital of Rs. 1,32,66,14,355. The proposal included 10% bonus shares worth slightly over Rs. 13.26 crores and 0.5263% cash dividend (for tax purposes) worth Rs. 69.28 lakhs. These bonus shares are now officially listed on the NEPSE. The last trading price (LTP) of NLG as of the last trading day stood at Rs. 645.

    Additionally, Laxmi Laghubitta Bittiya Sanstha Limited (LLBS) has listed 5,76,081 unit bonus shares on the NEPSE. This followed the company’s 11th Annual General Meeting, held on Falgun 29, where a 20% dividend worth Rs. 7.68 crores for the fiscal year 2078/79 was endorsed. During a board of directors meeting on Magh 04, it was decided to distribute this dividend on the paid-up capital of Rs. 38.40 crores. The proposal included 15% bonus shares worth slightly over Rs. 5.76 crores and a 5% cash dividend (for tax purposes) worth slightly over Rs. 1.92 crores. These bonus shares are now officially listed on the NEPSE. The LTP of LLBS as of the last trading day was Rs. 700.70.

    Similarly, Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has listed 8,29,026.56 unit bonus shares on the NEPSE. The company approved a 20% bonus share during its 6th Annual General Meeting on the 13th of Falgun. In a board of directors meeting held on Poush 30, it was decided to distribute the 20% bonus shares worth Rs. 8,29,02,656.95 from the company’s paid-up capital. The current paid-up capital of ILBS is Rs. 41.45 crores. These bonus shares are now officially listed on the NEPSE. ILBS closed at Rs. 582 last week.

    Furthermore, Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has listed 4,86,000 unit bonus shares on the NEPSE. This follows the company’s 6th Annual General Meeting, held on the 26th of Falgun, where an 18.95% dividend worth Rs. 5.11 crores for the fiscal year 2078/79 was endorsed. During a board of directors meeting on Magh 11, it was decided to distribute this dividend on the paid-up capital of Rs. 27 crores. The proposal included 18% bonus shares worth Rs. 4.86 crores and a 0.95% cash dividend (for tax purposes) worth Rs. 25.57 lakhs. These bonus shares are now officially listed on the NEPSE. The LTP of SABSL as of the last trading week was Rs. 624.

  • Shangrila Development Bank Lists Bonus Shares on NEPSE

    Shangrila Development Bank Lists Bonus Shares on NEPSE


    hangrila Development Bank Limited (SADBL) has successfully listed 25,69,220.5471 unit bonus shares on the Nepal Stock Exchange (NEPSE). This follows the bank’s 18th Annual General Meeting, held on the 17th of Chaitra, where an 8.983% dividend worth Rs. 27.04 crores for the fiscal year 2078/79 was approved. During a board of directors meeting on Magh 26, it was decided to distribute this dividend on the paid-up capital of Rs. 3.01 Arba. The proposal included 8.534% bonus shares worth Rs. 25.69 crores and 0.449% cash dividend (for tax purposes) worth Rs. 1.35 crores. These bonus shares have now been officially listed on the NEPSE.

    As of now, the Last Traded Price (LTP) of SADBL stands at Rs. 290.

  • Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results

    Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results


    Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) has recently distributed 20% bonus shares directly to the DEMAT accounts of its shareholders. The company encouraged its shareholders to dematerialize their shares in order to receive the bonus shares smoothly.

    During the 6th Annual General Meeting held on the 11th of Chaitra, the shareholders of SMFBS approved a dividend of 21.0526% amounting to Rs. 2.56 Crores for the fiscal year 2078/79. In a subsequent board of directors meeting on Magh 11, it was decided to distribute the dividend on the paid-up capital of Rs. 12.17 Crores. The proposed distribution plan included 20% bonus shares and 1.0526% cash dividend (for tax purposes).

    Following these decisions, the bonus shares have now been deposited directly to the DEMAT accounts of the shareholders. This simplifies the process for shareholders to receive and manage their bonus shares electronically, without the need for physical share certificates.

    By distributing the bonus shares to DEMAT accounts, SMFBS aims to facilitate a more efficient and secure method of shareholding for its investors. It encourages shareholders to embrace the dematerialization process and enjoy the benefits of holding their shares in electronic form.

    Overall, the distribution of 20% bonus shares to the DEMAT accounts of shareholders reflects SMFBS’s commitment to rewarding its investors and promoting the modernization of shareholding practices. It provides shareholders with the opportunity to conveniently manage their bonus shares and participate in the company’s growth and future prospects.

  • Listing of 11,15,733.6648 Unit Bonus Shares of Miteri Development Bank Limited on NEPSE

    Listing of 11,15,733.6648 Unit Bonus Shares of Miteri Development Bank Limited on NEPSE


    Miteri Development Bank Limited (MDB) has recently listed 11,15,733.6648 unit bonus shares on the Nepal Stock Exchange (NEPSE). This listing comes after the company’s 17th Annual General Meeting held on 27th Poush, where the shareholders approved a 13% dividend for the fiscal year 2078/79.

    During the 224th board of directors meeting on Mangsir 19, 2079, it was decided that MDB would distribute a 13% dividend on its paid-up capital, which amounts to Rs. 90.34 Crores. The distribution plan included 12.35% bonus shares worth Rs. 11,15,73,366.67 and a 0.65% cash dividend (including tax) worth Rs. 58,72,282.46.

    These bonus shares, along with the cash dividend, have now been officially listed on the NEPSE. Investors and shareholders can now trade and transact these bonus shares on the stock exchange. It is worth noting that bonus shares are additional shares distributed to existing shareholders, typically as a form of dividend, based on the number of shares they already hold.

    As of the time of writing, MDB’s Last Traded Price (LTP) on the NEPSE stands at Rs. 375.1. This price reflects the current market value of the company’s shares and may fluctuate based on supply and demand dynamics in the stock market. Investors and traders interested in MDB can track its share price and make informed decisions regarding buying, selling, or holding the stock.

    The listing of bonus shares on the NEPSE provides an opportunity for shareholders to further benefit from their investment in MDB. It allows them to trade these bonus shares as per their investment strategy and take advantage of potential price movements in the stock market. Moreover, the listing enhances the liquidity and marketability of MDB’s shares, contributing to a more active and dynamic trading environment on the NEPSE.

    Overall, the listing of 11,15,733.6648 unit bonus shares of Miteri Development Bank Limited on the NEPSE reflects the company’s commitment to delivering value to its shareholders. It provides them with additional options to realize returns from their investments and participate actively in the stock market.