Bonus shares of two companies listed on Nepse on Monday

The bonus shares of two companies have been listed in Nepse on Monday. The bonus shares of Jyoti Vikas Bank (JBBL) and Nepal Lube Oil are listed on the Nepal Stock Exchange (NEPSE).

On Monday, 42 lakh 29 thousand 305.06 kitta of Jyoti Development Bank and 90 thousand 53 Kitta of Nepal Lube Oil (NLO) bonus shares were listed in Nepse.

Jyoti and Nepal Lube had distributed 11 percent and 30 percent bonus shares to the shareholders from the last financial year’s profit.

The bonus shares were listed on Nepse on Monday. Bonus shares can be bought and sold in the secondary market after reaching the demat account of the shareholder.