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This is dividend as expected...so its price may reach up to 750 if market stabilised.

Name nai CC (naya beer ko CC =NCCB) cc khaya pachi lafada vaihalcha lafada ko tal ma 38 bonus ruck ruck CC.. CC..

You are right Arbinsakya Ji .

Almighty Ji is this news true ?

Wait is over: NCC Bank announces 38 percent bonus shares
ShareSansar, September 17:

The wait is finally over: Nepal Credit and Commerce (NCC) Bank Ltd has announced 38 percent bonus shares to its shareholders.

Likewise, the bank has also announced 2 percent cash dividend to its shareholders for the tax purpose.

NCC Bank spokserperson Ramesh Aryal confirmed the announcement.

“We have submitted the capital increment plan to the NRB. We have proposed a total of 40 percent dividend which includes 38 percent bonus shares and 2 percent cash for the tax purpose,” NCC Bank spokesperson Aryal told ShareSansar.

The dividend announcement is, however, subject to the approval of the bank’s upcoming annual general meeting and the Nepal Rastra Bank (NRB).

NCC spokesperson Aryal also told ShareSansar that the bank is planning to convene the joint AGM of last two years by Ashoj end or Kartik first week.

If the proposed 38 percent bonus shares is approved, its paid-up capital will reach Rs 2.03 arba. The current paid up capital of the bank is Rs 1.47 arba, which is lower that the paid-up capital of Rs 2 arba prescribed by the NRB.

NRB which was reeling under the turbulence due to the internal feuds of two warring promoter groups led to the NRB’s intervention in the NCC Bank. NRB had taken over the management of the NCC Bank on February this year after its efforts to settle down the tussle between two promoter groups went into vain.

The central bank had deputed a three-member team under the leadership of its director Laxmi Prapanna Niraula with keeping the existing management team intact.

The bank earned Rs 36.58 crore net profit in the last fiscal year 2070/71 while it’s profit was Rs 35.48 crore in the previous fiscal year 2069/70.

How did you get information? Its wrong.

Aja bonus aune chance kum cha.. Prob merge ma jane kura chaldai cha aile meeting ma