First Microfinance issues 22.81 lakh right shares
The right share offer for 22,81,313 units (50%) closes on Chaitra 23, 2074. Shareholders must hold shares until Magh 8, 2074 (book‑closure Magh 9) to be eligible.
Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
The right share offer for 22,81,313 units (50%) closes on Chaitra 23, 2074. Shareholders must hold shares until Magh 8, 2074 (book‑closure Magh 9) to be eligible.
Shareholders can submit right share applications until Chaitra 1, 2074. The bank is offering 33,97,500 units at a 1:2.25 (225%) ratio, with eligibility limited to those holding shares traded before Poush 19, 2074.
Today, Falgun 16, 2074, is the final day for shareholders of Prime Life Insurance Company Limited to apply for 160% right shares and for Deva Bikas Bank Limited to apply for 40% right shares.
Today is the last day to hold shares for SBL’s proposed 14 % bonus and 10 % right shares and for FOWAD’s 50 % bonus and 15 % cash dividend, and for TRH’s 7.368 % cash dividend. AGMs are scheduled for SBL on Chaitra 4, 2074 at Rastriya Sabhagriha, Kathmandu; FOWAD on Chaitra 4, 2074 at Duhabi, Sunsari; and TRH on Chaitra 12, 2074 at Army Officers Club, Bhadrakali, Kathmandu.
Civil Bank Limited will auction 32.44 lakh promoter shares and 9.94 lakh ordinary shares beginning Falgun 23, 2074, with the auction concluding on Chaitra 1, 2074. The rights issue, which extended its closing date to Magh 12, 2074, left 20.43% of shares unsubscribed.
Shareholders who have updated their bank accounts will receive a 14.04% cash dividend via direct bank transfer. The dividend is payable following the 19th AGM held on Poush 29, 2074.
The closing date for the 10% right share issue of Lumbini Bikas Bank Limited has been extended to Falgun 23. The 20,08,878.49 unit shares (Rs 100 each) were originally open from Magh 11 to Falgun 16, and forms can now be collected up to Falgun 23 from designated banks.
Reliance Finance has allotted 23.06 lakh right shares to shareholders as of Falgun 10, 2074, and 6.52 lakh shares remain unsubscribed pending final notice.
Asian Life Insurance has declared a 12% bonus of shares worth Rs 9.66 crore and a cash dividend of Rs 50.87 lakh for its shareholders.
Kisan Microfinance appointed Civil Capital as issue manager for the issuance of 2,40,250 right shares at Rs 100 each, boosting paid‑up capital to Rs 7.20 crore.
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