Kalika Microcredit proposes 21.21% bonus share to its shareholders; along with cash for tax purpose

140th BoD meeting of Kalika Microcredit held on 15th december has proposed 21.21% bonus share to its shareholders from the profit of 2073/74. The company has a also proposed to provide cash dividend for the tax purpose. The dividend will be distributed after the approval of Nepal Rastra Bank and the company's upcoming AGM. 

The company currently has a paid up capital of Rs 8.25 crores. The capital will reach Rs 10 crores after the distribution of bonus shares. Kalika Microcredit had earned a net profit of Rs 16.23 lakh as of 1st quarter 2074/75, with an annualized EPS oF Rs 7.87. The company has a Networth of Rs 162.03. 

The last traded price of KMCDB is Rs 1782.