Soaltee Hotel Limited (SHL) has officially listed 1,53,28,985 units of bonus shares on the Nepal Stock Exchange (NEPSE), marking a significant move in rewarding shareholders and strengthening investor confidence.
AGM Approves Dividend for FY 2081/82
The company’s 51st Annual General Meeting (AGM), held on Mangsir 28, 2082, approved a dividend of 9.2489% for the fiscal year 2081/82. This decision reflects SHL’s consistent commitment to delivering shareholder value.
Board Proposes Cash Dividend and Bonus Shares
Earlier, the 38th Board of Directors meeting on Kartik 11, 2082, proposed a 16.57894737% cash dividend alongside a 15% bonus share issuance for the same fiscal year. With the company’s paid-up capital standing at Rs. 1.02 Arba, the cash dividend amounts to Rs. 16,94,14,078, inclusive of tax related to the bonus shares.
Bonus Shares Now Traded on NEPSE
Following board approval and regulatory compliance, the 15% bonus shares have now been officially listed on NEPSE, enabling shareholders to trade them freely in the secondary market.
Current Market Performance
At the time of writing, SHL shares are trading at a last traded price (LTP) of Rs. 496.00, indicating sustained investor interest and confidence in the company’s long-term performance.
The successful listing of bonus shares and the approved cash dividend underscore SHL’s stable financial health and its continued focus on enhancing shareholder returns. Market analysts suggest that such corporate actions not only reward existing investors but also attract new ones, strengthening liquidity and visibility on the stock exchange.
