A total of 1,36,42,017 units of bonus shares from Machhapuchhre Bank Limited (MBL) have been officially listed on the Nepal Stock Exchange (NEPSE).
During the bank’s 25th Annual General Meeting (AGM) on 16th Ashwin, a 14% dividend for the fiscal year 2079/80 was approved. Subsequently, in a board of directors meeting on Bhadra 13, it was decided to distribute 13.30% bonus shares and 0.70% in cash dividends, which is intended for tax purposes.
These bonus shares, as per the decision, have now been successfully listed on NEPSE. In total, Machhapuchhre Bank Limited has 116,213,573 shares listed on the stock exchange. Among these, 59,268,922 shares (51.00%) are classified as promoter shares, while the remaining 56,944,651 shares (49.00%) are categorized as public shares.
As of the latest market activity, MBL closed at Rs. 197 per share.