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Sunday, October 18, 2009

KBL's Bonus Share

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The BOD meeting of Kumari Bank Ltd. held on 4th October 2009 (2066 Aswin 18) has proposed to give 10:1 bonus shares to its shareholders from the profit of fiscal year 2065/66. The bonus proposal need to be approved by NRB and bank's upcoming AGM for distribution.

The bank has made Rs. 258.4692 million net profits and Rs. 354.961 million operating profit according to the bank's fourth quarter financial report of fiscal year of 2065/66. Likewise, the bank has Rs. 1.186 billion paid up capital and holds Rs. 442.451 millions in its reserve and surplus account.
Source:Jamb News Service

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