Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
Bidding for Green Development Bank's unsold 6,52,297 unit right shares opens today and ends on Jestha 17, 2075. Bidders must quote at least Rs 100 per unit and submit a minimum of 1,000 units for promoter shares and 100 units for ordinary shares; only existing promoters can apply for promoter shares.
Auction of Asian Life Insurance’s unsold 98,000 right shares starts today (Jestha 10, 2075) and runs until Jestha 17, 2075. Bidders may submit bids above Rs 100 per share, minimum 100 units, through NIBL Ace Capital; payments must be made to Kumari Bank account 0010017386400001 in the name of NIBL Ace Capital Limited.
The 13th AGM has been recalled to Jestha 17, 2075 at 10:00 AM in Butwal; a 10% dividend will be endorsed at the meeting.
Shareholders holding Lalitpur Finance shares as of Jestha 21 are eligible to attend its 20th and 21st AGM, scheduled for Ashadh 03, 2075. The company will issue right shares at a 1:1 ratio during the meeting.
Last day to bid for 29.92 lakh Civil Bank promoter right shares is today, Jestha 9, 2075. Bids must quote at least Rs 100 per unit and are due to Laxmi Capital Market Limited before office hours; the LTP is Rs 165.
Today is the final day for bidders to place orders for 2.71 lakh unsold Prime Life Insurance right shares, with a minimum bid price of Rs 100 per share and a minimum lot of 100 shares.
Today is the final day to apply for the 100% right shares of Nepal Insurance Company Limited, up to 30.19 lakh units. Shareholders owning shares as of Chaitra 22, 2074 may submit applications through NIBL Ace Capital.
BPCL is holding its 25th AGM today (Jestha 8, 2075), declaring a 20% cash dividend; shareholders registered till Baisakh 26 will be eligible to attend.
Today is the final day to bid on 75,340 units of Best Finance promoter rights shares, with a minimum bid of Rs 100 per unit. Bidders must deposit their total bid amount in account 0111010011060 at Global IME Bank in the name of Global IME Capital.
Shareholders will receive cash dividend warrants from Siddhartha Capital by Jestha 9, 2075, after the 9% dividend has already been deposited into their bank accounts; shareholders are also urged to dematerialize their shares.
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