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Price modification in KSBB bonus shares, trading to begin today

The price of NEPSE Bank's 4.41 percent bonus shares has been reduced.

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KATHMANDU: The share price of Kamana Sewa Bikas Bank (KSBB) has been adjusted on the Nepal Stock Exchange (NEPSE).

The price of NEPSE Bank’s 4.41 percent bonus shares has been reduced.

NEPSE has set the price after bonus share adjustment at 228 rupees 10 paise.

As a result, the price has been adjusted to Rs 80 paisa today.

The bank is giving 4.41 percent bonus shares to investors and 0.23 percent cash dividend for tax reasons from the previous fiscal year’s performance.

The dividend will be passed at the Annual General Meeting (AGM) on 31st of Baisakh (May 14).