11,78,221 bonus shares of Ngadi Group Power Limited (NGPL) have been listed in NEPSE.
The 8th AGM of the company held on 3rd Ashwin, 2078 endorse the dividend for the fiscal year 2077/78. The meeting of the board of directors held on Shrawan 31 decided to distribute 20% in bonus shares and 1.05% in cash dividend for tax purposes. The bonus shares are worth Rs. 11,78,22,060.
The same bonus shares are now listed. As of writing, NGPL has an LTP of Rs. 762.
Furthermore, the AGM has also endorsed the proposed 1: 2 rights shares for shareholders. This will be issued from the paid-up capital maintained after the adjustment of the aforementioned bonus shares.
Similarly, 1,90,000 units bonus shares of Green Development Bank Limited (GRDBL) have also been listed in NEPSE.
Green Development Bank virtually convened its 8th AGM for the FY 2076-77 under its chairman leadership on Chaitra 28, 2077. The AGM endorsed the board’s proposal to provide 3.8% bonus shares and 0.20% cash dividend to the shareholders.
The same bonus shares are now listed. As of writing, GRDBL has an LTP of Rs. 415.