Dividend News
Recent dividend, bonus-share, and right-share announcements from the Nepal market.
Shareholders of Nepal Investment Bank Limited are urged to claim any uncollected cash dividends as per the bank's notice.
Shikhar Insurance Company Limited has issued a notice to collect uncollected cash dividends to its shareholders. Shareholders should verify their amounts due and submit payments accordingly.
NePAL Aawas Finance Limited has issued a notice requesting shareholders to submit claims for uncollected cash dividends and bonus shares received to date.
Shareholders of NIC Asia Bank Limited are reminded to claim any uncollected dividends before the notice period ends.
Gandaki Bikas Bank Limited will issue 1:0.28 right shares to shareholders. The entitlement period runs from 27th Shrawan to 30th Bhadra, 2070.
Clean Energy Development Bank Limited has issued a notice urging shareholders to submit due Right Share Certificates and claim dividends up to the current date.
On July 29, Nepal Telecom announced it will pay a Rs 48 per share dividend to shareholders. The total dividend of Rs 7.2 billion will be distributed among government (91.5%) for Rs 6.588 billion, employees (4.36%) for Rs 3.14 crore, and general public (4.11%) for Rs 2.96 crore, with CIT receiving Rs 2.4 million.
Shareholders of Nepal SBI Bank Limited are urged to collect their due dividend before the specified deadline.
Butwal Power Company is awaiting SEBON approval to issue rights shares at a 3:2 ratio, targeting Rs 66 crore to fund the 37.6 MW Kabeli A Hydropower Project.
On July 12, nepal bank limited's rights issue closed 8% below the target with collections at 92% of the issue. The bank will sell the remaining shares following the due legal process.
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