Tourism Development Bank announces 15% bonus shares ; Trading in halt from more than 1 year

The 212th BoD meeting of Tourism Development Bank has proposed 15% bonus share to the shareholders, out of the profit from fy 2073/74. 

The company has proposed Bonus shares worth Rs 30.15 crores i.e 15% of the company's paid up capital. The decision is however subject to approval from Central bank and company's upcoming AGM. 

Tourism Develepment bank had a paid up capital of Rs 2.01 arba. The bonus share will hike the company's capital to Rs 2.31 after the distribution. The trading of this company is in halt from magh 9, 2073. The company had endorsed the merger agenda from the SGM held on 4th Poush, 2074.