Kathmandu, Sept. 1
The second annual general meeting of Nepal Development Public Limited (NDP) has approved a proposal to distribute bonus shares equivalent to 2.5 per cent of the company's paid-up capital from the profit earned in the last fiscal year 2025/26. That year, NDP posted a profit of Rs. 73.3 million after tax. The company's total paid-up capital has now reached Rs. 1.18 billion.
It also approved a cash dividend of Rs.
1,557,343 to cover the tax payable on the bonus shares.
The meeting also approved a provision to
allocate 20 per cent of the company's issued capital for the general public,
and authorised the Board of Directors to merge with or acquire other companies
whose objectives are aligned with those of the company. The company was
established with an aim to make it a Rs. 10 billion financial institution.
The company statute has been amended to
make it able to seek support from international funds such as the Green Climate
Fund and blended finance facilities.
Speaking at the meeting held earlier this
week, company chairman Chandra Prasad Dhakal said that the company was
established with the objectives of mobilising investment for large
infrastructure projects from domestic capital, sending a message that Nepal has
an investment-friendly environment, and creating investment and employment
opportunities within the country for young people.
“Economic transformation is possible only
if we can mobilise capital scattered across the country and abroad and invest
it in productive sectors, major infrastructure and important projects,” he
said. According to him, the company's shareholder base has now expanded to all
77 districts of the country.
Published in The Rising Nepal on 2 September 2026.
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