Shree Investment and Finance Co. Ltd. has proposed 12 percent bonus
share and 0.63 percent cash dividend to its share holders from the net
profit it posted in the last fiscal year 2070/71.A meeting of the Board of Directors of the company, which has merged with Bank of Kathmandu, has the decision to this effect.
The proposed dividend is, however, subject to the approval of the central bank and the upcoming AGM of the company.
Shree Investment had posted a net profit of Rs 2.80 crore in the last fiscal year.
It may also be noted that the company had offered 20.40 percent cash dividend for the previous fiscal year 2069/70. -SSN
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