Purnima Bikas Bank Ltd proposed 23.27% bonus share

As per the press release published today, the 132nd BOD meeting held on Bhadra 24 of Purnima Bikas Bank Limited has proposed 23.27 percent bonus share and 1.23 percent cash dividend (tax purpose) to its shareholders from the net profit it earned in the last fiscal year 2071/72.

The decision is subjected to approval from the Nepal Rastra Bank and the Bank’s upcoming Annual General Meeting (AGM).

Last year, Purnima Bikas bank had distributed 23.75 percent bonus share to their shareholders.

In the fiscal year 2071/72, the development bank earned Rs 7.26 crore operating profit. Its authorized capital stood at Rs 20 crore, issued capital and paid up capital remains at Rs 16.36 crore.