A total of 300,000 units of bonus shares of Kalinchowk Darshan Limited (KDL) have been officially listed on the Nepal Stock Exchange (NEPSE), making them available for trading in the secondary market.
The listing follows the company’s decision to distribute bonus shares as part of its dividend payout for the fiscal year 2081/82.
Dividend Approved at 11th AGM
Kalinchowk Darshan Limited had convened its 11th Annual General Meeting (AGM) on Poush 15, 2082, where shareholders endorsed a total dividend of 5.2632 percent. The approved dividend included 5 percent bonus shares valued at Rs. 3 crore and 0.2632 percent cash dividend worth approximately Rs. 15.78 lakh, primarily allocated for tax purposes. With the completion of regulatory procedures, the bonus shares have now been listed on NEPSE, increasing the company’s total listed shares.
Impact on Shareholders and Market
The listing of bonus shares allows eligible shareholders to trade their additional holdings, thereby enhancing liquidity in the market. Bonus shares are typically issued by companies to reward investors while retaining cash for business operations. Market analysts note that such corporate actions often attract investor interest, as they signal a company’s confidence in its financial performance and future growth.
Current Market Performance
As of the latest update, the last traded price (LTP) of Kalinchowk Darshan Limited stands at Rs. 915 per share. Investors are closely monitoring the stock’s movement following the bonus share listing, which may influence short-term price dynamics.
Outlook for Investors
The listing of bonus shares marks another milestone for Kalinchowk Darshan Limited as it continues to expand its presence in Nepal’s tourism and hospitality sector. With increased share supply and active trading, the company remains under the watch of investors seeking opportunities in the market.
