Nabil Investment Banking declares bonus shares in 16th AGM

KATHMANDU: Nabil Investment Banking Limited held its 16th Annual General Meeting (AGM) at the company’s registered office in Naxal, Kathmandu.

The meeting was chaired by Chair Sujit Kumar Shakya and attended by board members, shareholders, and management committee members.

During the AGM, it was decided to distribute profits from the previous fiscal year to the shareholders.

Accordingly, the company approved a proposal to issue bonus shares equivalent to 25% of the paid-up capital, totaling Rs 81.0 million.

Additionally, for tax purposes, the company resolved to provide an amount of Rs 4.263 million at a rate of 1.31578947%.