United Insurance closing 240% rights share issue
Eligible shareholders of United Insurance Company (NEPAL) Limited must apply before banking hour today to purchase 1:2.4 (240%) rights shares, raising Rs 72.57 crore.
Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
Eligible shareholders of United Insurance Company (NEPAL) Limited must apply before banking hour today to purchase 1:2.4 (240%) rights shares, raising Rs 72.57 crore.
The board of Majalaxmi Bikas Bank has proposed a 17.89% dividend totaling Rs 50.89 crore for FY 2075/76; the proposal is awaiting approval from Nepal Rastra Bank and the upcoming 18th annual general meeting.
Shareholders of Prabhu Bank will receive 16% bonus shares and a 0.84% cash dividend of Rs 7.48 crore for FY 2075/76, pending approval and AGM. Once approved, the paid‑up capital will rise to Rs 10.31 arba.
SEBON has approved a 150% rights issue by NMB Laghubitta Bittiya Sanstha Limited, offering 24.30 lakh unit shares at Rs 100 each to existing shareholders.
Shareholders can apply for the 60% (10:6) right issue of Srijana Finance (SFFIL) until Kartik 21, 2076, banking hours. The issue will raise Rs.27.64 crore, increasing paid‑up capital to Rs.73.72 crore.
Book closure for the 12th AGM and dividend is on Kartik 01, 2076; shareholders must be registered by this date. The AGM on Kartik 15, 2076 at Naxal Banquet, Narayanchaur will approve a 15.8% dividend of 5.8% cash and 10% bonus shares.
Shree Investment and Finance Company has proposed a 13% dividend for FY2075/76, including a 10.65% cash dividend of Rs 8.62 crore and a 2.35% bonus share allocation of Rs 1.90 crore. The proposal remains subject to NRB approval and will be finalized at the upcoming AGM.
The Board proposed a 40% dividend, comprising a 26% bonus share worth Rs 16.35 cr and a 14% cash dividend of Rs 8.80 cr, subject to Nepal Rastra Bank approval and the forthcoming AGM.
Book closure for Siddhartha Bank is on Ashwin 29, 2076; investors holding shares until Ashwin 28, 2076 are eligible to attend the AGM on Kartik 7, 2076 at 11 am. The AGM will endorse a 10% bonus share issuance and a 15.26% cash dividend (Rs.1.35 Arba including tax).
Last day to submit applications for the 145% right share issue is Ashwin 30, 2076. The issue of 887,735 units has been extended by 15 days.
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