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Kailash Endorses 24% Bonus Share

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Kailash Endorses 24% Bonus Share
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January 15: Kailash Bikash Bank is distributing 25 per cent bonus share. The 23th annual general meeting of the bank held on January 13 endorsed a proposal of issuing the 25 per cent bonus share to its shareholders. The bank's paid-up capital will reach Rs 1.97 billion after distribution of the bonus share.

Moreover, the meeting unanimously selected Rajendra Giri, Sunil Narayan Shrestha, Narayan Poudel from promoters' shareholders and Chintamani Pandey, Uddav Raj Puri and Kaviraj Poudel from general shareholders as the member of board of directors of the bank. The BOD meeting held after the AGM on Friday selected Rajendra Giri as the Chairman of the BOD. Presently, the bank is providing its services through 38 branches and 17 ATMs to the customers.  

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