The bonus shares of three major companies have been listed on the Nepal Stock Exchange (NEPSE), rewarding shareholders and enhancing market liquidity. Below is a simplified breakdown of the updates for Soaltee Hotel Limited (SHL), NRN Infrastructure and Development Limited (NRN), and Mandakini Hydropower Limited (MHL).
1. Soaltee Hotel Limited (SHL)
- Bonus Shares Listed: 92,90,899 units (10% of paid-up capital).
- Dividend Approved: 36.84% for FY 2080/81, including:
- 26.84% Cash Dividend: Worth Rs. 24.93 crores.
- 10% Bonus Shares: Worth Rs. 9.28 crores.
- AGM Date: Poush 4, 2081 (December 19, 2024).
- Current Share Price (LTP): Rs. 507.
Impact: The bonus shares aim to strengthen SHL’s capital base while rewarding shareholders with cash payouts.
2. NRN Infrastructure and Development Limited (NRN)
- Bonus Shares Listed: 6,11,605.85 units (5% of paid-up capital).
- Dividend Approved: 5.2632% for FY 2080/81, split as:
- 5% Bonus Shares: Worth Rs. 6.11 crores.
- 0.2632% Cash Dividend: Worth Rs. 32.18 lakhs (tax-adjusted).
- AGM Date: Poush 12, 2081 (December 27, 2024).
- Current Share Price (LTP): Rs. 1,344.10.
Impact: The dual dividend strategy balances immediate returns (cash) with long-term growth (bonus shares).
3. Mandakini Hydropower Limited (MHL)
- Bonus Shares Listed: 3,07,984.33 units (5% of paid-up capital).
- Dividend Approved: 5.2632% for FY 2080/81, comprising:
- 5% Bonus Shares.
- 0.2632% Cash Dividend.
- AGM Date: 7th Mangsir, 2081 (November 23, 2024).
Impact: MHL continues to focus on sustainable growth, using bonus shares to retain earnings for future projects.
What This Means for Investors
- Trading Opportunities: Bonus shares of all three companies are now active on NEPSE, allowing shareholders to trade them freely.
- Dividend Benefits: Investors who held shares before the book closure date are eligible for both cash and bonus dividends.
- Market Sentiment: The listings may influence stock prices, so investors should track SHL, NRN, and MHL for volatility.
Key Takeaways
- Soaltee Hotel (SHL): Largest bonus issue (92 lakh+ units) with a significant cash dividend.
- NRN Infrastructure (NRN): High share price (Rs. 1,344.10) reflects strong investor confidence.
- Mandakini Hydropower (MHL): Focused on balancing dividends with capital retention for expansion.
Conclusion
The listing of bonus shares by SHL, NRN, and MHL underscores their commitment to shareholder value. Investors are advised to monitor NEPSE for price movements and consult financial advisors to optimize their portfolios. For real-time updates, visit NEPSE or the companies’ official websites.