Mega Bank amends the dividend ; Tourism Shareholders also to receive the same

The 221st Board meeting of Mega Bank has decided to issue a combined dividend of 10.75% to the shareholders out of the profit from fy 2073/74. 

The two merging entity, namely : Mega Bank and Tourism Development Bank had separately announced dividends. But as the joint trading of the merged entity has already started, the company will issue combine the dividend amount and issue it to the shareholders. 

Mega Bank had previously proposed a bonus share worth Rs 69.71 crores whereas Toursim Development Bank had proposed stock dividend worth Rs 30.15 crores. The merged entity has now combined both the dividends and has proposed to issue bonus shares that equals to 10.75% of the present capital.