Sunrise Bank Limited will not distribute dividend for FY 2078/79
On Mangsir 25, 2079, Sunrise Bank Limited’s 404th Board Meeting announced that no dividend will be paid for FY 2078/79.
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Recent dividend, bonus-share, and right-share announcements from the Nepal market.
On Mangsir 25, 2079, Sunrise Bank Limited’s 404th Board Meeting announced that no dividend will be paid for FY 2078/79.
The 5% cash dividend of Rs. 19.42 lakhs has begun direct crediting to shareholders' bank accounts. Shareholders must ensure their demat accounts are updated and provide a No Objection Letter if they have outstanding share loans to receive the dividend.
Shareholders must hold shares by Poush 5, 2079 to qualify for the Rs. 6.43 crore, 5.26% cash dividend. The 10th AGM, scheduled for Poush 20, 2079, will endorse the dividend.
The book closure for Panchthar Power Company's 7% cash dividend of Rs 67,375,000 is on Poush 7, 2079; shareholders recorded before that date are entitled to the payout. The 7th AGM will be held on Poush 18, 2079 at Hotel Imperial Kathmandu.
Laxmi Bank has decided to retain all earnings for FY 2078/79, with no dividends paid to shareholders. The decision was approved at the 263rd Board Meeting on December 1, 2022 and is pending Nepal Rastra Bank approval and the upcoming AGM.
Agendas will be held on 14th Poush, 9 AM; shareholders holding shares before the book closures (Poush 04 for Century Commercial Bank, Poush 01 for Prabhu Bank) will be eligible for cash dividends of 0.25 % (Rs. 2.38 cr) and 1.5 % (Rs. 19.06 cr) and bonus shares of 4.75 % (Rs. 45.38 cr) and 6.50 % (Rs. 82.60 cr), and will vote to approve a 100:100 share‑swap acquisition.
Panchthar Power Company has proposed a 7% cash dividend (Rs. 67,375,000) for FY 2078/79, to be distributed after endorsement at the upcoming AGM.
Today is the last day to secure the 7.83% dividend for FY 2078/079; the 12th AGM will convene on 7th Poush 2079 at 10 AM in Rashtriya Sabha Griha, Kathmandu.
Dividend of 13.16% worth Rs 1.64 Arba announced for FY 2078/79, payable after central bank approval and AGM endorsement.
Investors must be on the books by Poush 03, 2079 to receive the 15% dividend of Rs. 1.01 Arba and attend the AGM scheduled for Poush 22, 2079.
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