The 95th BOD meeting of the company dated 2065-07-08 has decided to propose 2 for 1 rights share is subject to be approved from upcoming AGM of the company. Being a first commercial bank upgrading from development bank in Nepal after issue 1 for addition 3 rights share on fiscal year 2064-65 increasing its paid-up capital to Rs. 1.107 billion it has commenced its commercial banking activities from 25th May 2008. Till then the unaudited profit for the bank crossed Rs. 58.74 million in fiscal year 2064-65. The share price of DCBL however might have flown from insider information increased by 6.25 percent on Friday. The rally is expected to continue for a week. The green signal appeared for today's trade all the day closed at Rs. 885 from 16249 shares.
Source: Jamb News Service
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Wednesday, October 29, 2008
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