Tourism Info Nepal

Bonus Shares of Oriental Hotels Limited Listed in NEPSE

Bonus Shares of Oriental Hotels Limited Listed in NEPSE

Oriental Hotels Limited (OHL) has successfully listed 5,64,045.22 units of bonus shares in the Nepal Stock Exchange (NEPSE). The company had announced these bonus shares following its 27th Annual General Meeting (AGM) held on Ashwin 20, 2081, where the board of directors proposed a 5.26316% dividend for the fiscal year 2080/81.

The total value of the bonus shares amounts to 5% of the company’s paid-up capital, which is Rs. 5.64 crores. Additionally, the company proposed a cash dividend of 0.26316%, worth Rs. 29.68 lakhs, including tax. The company’s paid-up capital stands at Rs. 1.12 Arba.

As of the latest trading, OHL’s Last Traded Price (LTP) is Rs. 916.00, reflecting the market’s positive reception of the bonus shares.

This development underscores OHL’s commitment to rewarding its shareholders while maintaining a strong financial position.

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