Union Life Insurance and Sagarmatha Insurance Revises Dividend for FY 2077/78 and FY 2078/79 Respectively
[{"title":"Union Life Insurance revises dividend for FY 2077/78","summary":"Union Life Insurance has changed its dividend proposal to an 8.97% bonus share distribution with no cash dividend for FY 2077/78. Investors should note the revised dividend percentage and the absence of a cash component."},{"title":"Sagarmatha Insurance revises dividend for FY 2078/79","summary":"Sagarmatha Insurance has reduced its proposed dividend to 12.40% bonus shares and a 0.6526% cash dividend for FY 2078/79 following an order from the Nepal Insurance Authority. Investors should be aware of the updated bonus and cash dividend rates."}]
Naya Sarathi Laghubitta Bittiya Sanstha Limited proposes a 20% dividend for FY 2078/79, consisting of 19% bonus shares worth Rs 5.76 crore and a 1% cash dividend of Rs 30.33 lakhs, to be distributed after Nepal Rastra Bank approval and AGM endorsement.
Right shares of Himal Dolakha Hydropower Company Limited to be issued
Himal Dolakha Hydropower Company Limited plans to issue 75% right shares worth Rs 1.20 Arba, which will raise paid‑up capital to Rs 2.8 Arba. The application was submitted to SEBON on Poush 26, 2079, and the issuance is pending board approval.
Mithila Laghubitta proposes dividend for FY 2078/79
The 15.789% dividend proposal for FY 2078/79 will be distributed after approval by Nepal Rastra Bank and endorsement at the upcoming AGM. It consists of a 15% bonus worth about Rs. 2.55 crores and a 0.789473681% cash dividend of Rs. 13.45 lakhs.
NTC and SBI Distribute Cash Dividends Directly to Bank Accounts
From 29th Poush, 2079 (today), NTC will deposit its 40% cash dividend of Rs 40 per share and SBI will transfer its 10.53% dividend worth Rs 1.03 Arba directly into shareholders’ bank accounts, provided shares are dematerialized and bank details updated. Shareholders must update their demat information and, if they had loans against shares before the book‑closure date, provide a No Objection Letter to receive the dividend.
Arun Valley Hydropower Development Co Ltd and Ridi Power Co Ltd Dividends Approved
The Electricity Regulatory Commission has approved an 8.1% dividend for Arun Valley Hydropower Development Co Ltd and a 42.1% dividend for Ridi Power Co Ltd, but the cash and bonus payouts will only be distributed after shareholders receive endorsement at each company’s next AGM.
·Credited · Bonus share·19%
Adhikhola Laghubitta 19% Bonus Shares Listed on NEPSE
The 19% bonus shares of Adhikhola Laghubitta Bittiya Sanstha Limited are now listed on NEPSE, and a 1% cash dividend of Rs 10 lakhs (tax included) is being distributed.
Swabalamban Laghubitta proposes 21.05% dividend for FY2078/79
The 403rd board of directors met on Poush 27 and proposed a 21.05% dividend (Rs. 23.62 crore) for FY2078/79; the dividend will be distributed only after central bank approval and endorsement at the company’s upcoming AGM.
Chhimek Laghubitta announces 25.26% dividend for FY 2078/79
Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has proposed a 25.26% dividend worth Rs. 58.70 crores for FY 2078/79. The dividend will be paid after central bank approval and the company’s upcoming AGM.
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