Shangrila Development Bank declares 10 percent dividend
Kathmandu. The meeting of the board of directors of Sangrila Development Bank Limited held on the afternoon of 28th October has announced the dividend to the shareholders.
The meeting has announced that 5% bonus shares and 5.3583% cash will be distributed as a total of 10.3583% dividend from the current retained paid-up capital of 3.555 billion 62.55 thousand rupees from the accumulated profit of last year.
This dividend proposal will be distributed to the shareholders after being approved by Nepal Rastra Bank and passed by the annual general meeting of the bank.
Express
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