•      Fri May 17 2024
Logo

NEPSE AGM endorses proposal to distribute cent percent cash bonus



nepse
Nepal Stock Exchange (file photo)

Kathmandu: The 41st Annual General Meeting (AGM) of the Nepal Stock Exchange (NEPSE) has endorsed a proposal to distribute cent percent cash bonus.

The general meeting held on Friday endorsed the proposal to provide cash bonus amounting to Rs 1 billion which is hundred percent of the paid-up capital of NEPSE in the fiscal year 2078/79.

Company Secretary Marahari Parajuli informed that the 41st AGM of NEPSE has endorsed the proposal of its Board of Directors to distribute cent percent cash bonus.

It may be noted that NEPSE had distributed 60 percent cash bonus and 40 percent share bonus to its investors last year.

The government of Nepal has the highest share of investment (58.66 percent) in NEPSE.