Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
Kanchan Development Bank has proposed a 11.29% cash dividend and a 5% bonus share issue for FY 2074/75. After the bonus adjustment, the paid‑up capital will rise to Rs 53.13 crore.
9% cash dividend of Rs 7.23 crore will be paid after approval from Nepal Rastra Bank and the upcoming AGM.
Today is the last day to hold Ridi Hydropower Development Company Limited shares to attend the 17th AGM scheduled for Ashoj 20, 2075. Shareholders will receive a 6% bonus share allocation at the meeting.
Today is the last day to hold shares of Swarojgar Laghubitta Bittiya Sanstha Limited in preparation for its 10th AGM, which will convene on Ashoj 20, 2075, where shareholders will receive a 20 % bonus share issuance worth Rs 2.44 crore.
Global IME Capital will hold its 11th AGM on Ashoj 25, 2075, at 4:00 PM, where shareholders can vote on the proposed 10.526% cash dividend of Rs 2.26 crore.
The auction of 9,753 unsold unit shares of Mirmire Laghubitta Bittiya Sanstha Limited will close today; bidders must submit at least 100 units with a bid above Rs 100 and deposit the full bid amount into Kumari Bank account 0010010481500001 in the name of NIBL Ace Capital. After the 100% right shares adjustment the paid‑up capital will reach Rs 10.38 crore, and with the proposed 24% bonus shares it will rise to Rs 12.87 crore.
Today is the last day to apply for 167% right shares of City Express Finance Limited (former Kuber Merchant Finance). The issue will provide 25 lakh unit shares of Rs 100 each and the paid‑up capital will reach Rs 40 crore after the adjustment.
The 7th AGM of Nepal Clearing House Limited will be held on Ashoj 26, 2075 at Hotel Yak and Yeti, Durbarmarg, where the board will approve a 20% cash dividend and related agenda items.
Miteri Development announced a 17% bonus share issuance for FY 2074/75, subject to approval by Nepal Rastra Bank and the company’s upcoming AGM. Upon approval, the paid‑up capital will increase to Rs 58.50 crore.
The 5% cash dividend for FY 2074/75 will be distributed only after approval from Nepal Rastra Bank and the upcoming AGM.
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