Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
Today is the last day to hold shares of Nepal Investment Bank Limited (NIB) to claim its 40% dividend, which will be endorsed at the AGM on Poush 29, 2075.
Auction for Jebils Finance Limited’s unsold right shares opens today, Poush 10, 2075, and will close on Poush 17, 2075. Bidders must purchase at least 1,000 promoter and 100 ordinary shares at a minimum bid of Rs 100, and deposit the bid amount in account 0690430236701001 at Sunrise Bank under Sunrise Capital Limited.
Auction for 3,44,946.44 units of Lumbini Bikas Bank right shares opens today; bids accepted until Poush 25, 2075, with a minimum of 100 units and a minimum bid price of Rs 100.
Nagbeli Laghubitta has proposed a 9.87% dividend for FY 2074/75, comprising 9.38% bonus shares worth Rs 1.43 crore and a 0.49% cash dividend of Rs 7.56 lakh, subject to Nepal Rastra Bank approval and the upcoming AGM.
Today is the last day to claim the dividend for Gandaki Bikas Bank Limited (14.20% cash dividend worth Rs 39.05 cr) and Mission Development Bank Limited (cash dividend Rs 30.06 lakhs), with AGM meetings scheduled on Poush 26 2075.
Himalayan Bank Limited will convene its 26th annual general meeting on 30th Poush 2075 (14 January 2019) to approve a 10.7895% cash dividend from FY 74/75 profits and a 5% bonus share issue.
Shangrila Development Bank (SADBL) will hold its 14th AGM on 30th Poush 2075 from 9:30 AM at Amritbhog, Kalikasthan, where shareholders will approve a 5.45% cash dividend (including tax) and a 4% bonus share issue worth Rs.10.02 crore.
NCDB will hold its 9th AGM on 30th Poush 2075 at Dreamland Gold Resort, Rupandehi from 9 AM. Agenda includes approval of a 6.42% cash dividend worth Rs.3.37 crore and other related matters.
Book closure for HIDCL’s 7th annual general meeting is scheduled for 17th Poush 2075; shareholders holding shares until 16th Poush 2075 are eligible to attend the AGM on 30th Poush 2075, where the company will propose 10% bonus shares and 100% right shares.
Book closure date is 16th Poush; shareholders holding shares until 15th Poush are eligible to attend the AGM held on 30th Poush 2075.
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