Saturday, September 7, 2013

Everest Bank Limited Return Proposal 2069/2070

This year Everest Bank Limited offering total 60% dividend this includes 50% Cash and 10% Bonus Shares.

Everest Bank:

- Current Paid Up Capital: Rs.1,761,126,000.00
- After 10% Bonus Paid Up Capital :Rs. 1,937,238,600.00
To Reach Paid up Capital Rs.2,000,000,000/-, the Everest Bank requires Rs. 176,112,600.00 more capital...

Therefore, I think Nepal Rastra Bank may reject their proposal and request them to increase Bonus Share percent by 13.56%.