NMB Bank announces 15% bonus shares ; FPO shareholders also to get bonus

The 359th Board meeting of NMB Bank held on 26th Ashad, 2075 has proposed 15% bonus shares for the shareholders along with cash dividend for tax purpose. 

The company has proposed bonus shares worth Rs 1.14 arba and cash dividend worth Rs 6 crores. Both the previous shareholders and the new shareholders coming from FPO will be eligible for the dividend. The FPO of NMB Bank is still on a roll and is scheduled to close on thursday. More than 30% issue is yet to be subscribed.  

The paid-up capital of the company will hike to Rs 8.74 arba.