Sahayogi Bikas Bank to distribute 18.72% cash dividend
Sahayogi Bikas Bank has approved an 18.7215% cash dividend worth Rs.9.54 crore for FY 75/76, to be distributed after its upcoming AGM.
Dividend News
Dividend, bonus & right-share news
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
Recent announcements
Deprosc Laghubitta urges shareholders to update bank info in Demat
Distribution of the 15% cash dividend has started from Falgun 01, 2076; shareholders of Deprosc Laghubitta must update bank details in their Demat accounts today to receive the dividend.
Announced · Cash dividend
Premier Insurance to refrain from distributing dividends for FY 2075/76
Premier Insurance has announced it will not distribute any cash or bonus dividend for the fiscal year 2075/76, per its 277th Board Meeting held on Falgun 08, 2076.
Citizen Investment Trust proposes 22% bonus shares worth Rs 29.58 crore
The dividend proposal, comprising a 22% bonus issue totaling Rs 29.58 crore and a 1.16% cash dividend of Rs 1.55 crore, is pending approval at CIT's upcoming AGM. Shareholders should note that the proposal will not take effect until the AGM has approved it.
IME General Insurance to hold 22nd AGM on Falgun 24, 2076
Shareholders must be on record by Falgun 11, 2076 to receive IGI's 6% bonus shares and Rs 32.22 lakh cash dividend. The AGM will convene on Falgun 24, 2076.
Announced · Bonus share
NEPSE lists 1.22 crore bonus shares of NCC Bank and 72.57 lakh right shares of United Insurance Company
{"title":"NCC Bank lists 1.22 crore bonus shares","summary":"NCC Bank has listed 1.22 crore bonus shares to its shareholders from the profit of FY 2075/76."},{"title":"United Insurance Company lists 72.57 lakh right shares","summary":"United Insurance Company has listed 72.57 lakh right shares, issued at 240% to meet its minimum capital requirement."}
Ngadi Group Power to convene 6th AGM on Falgun 27
Falgun 27, 2076: Ngadi Group Power (NGPL) will hold its 6th AGM; shareholders recorded on Falgun 14, 2076 are eligible to attend and claim a 10% cash dividend of Rs 5.35 crore.
MPFL
Credited · Right share
Multipurpose Finance Limited right shares listed on NEPSE
1,825,643 right shares of Multipurpose Finance Limited are now tradeable on NEPSE. The shares were issued in a 865% rights offer at a par value of Rs.100 per share, raising Rs.35.85 crore, though not all were subscribed in the auction.
Shikhar Insurance sets right shares book closure on Falgun 13
Shareholders registered as of Falgun 12, 2076 can apply for 30% right shares of Shikhar Insurance; book closure will take place on Falgun 13, 2076. ICRA Nepal has assigned Grade 3+ to the issue.
NLG Insurance opens 60% right issue on Falgun 22, 2076
The right issue for NLG Insurance opens on Falgun 22, 2076, letting shareholders acquire 3,842,437.50 units at Rs100 each to raise Rs38.42 Crore. Book closure was on Magh 27, 2076; shareholders maintained on Magh 26 are eligible, with Laxmi Capital Market Limited managing the issue.
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