Gurans Laghubitta and Shine Resunga Development Bank are distributing bonus shares directly to their shareholders’ DEMAT accounts
Shine Resunga Development Bank Limited (SHINE) and Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) have recently distributed bonus shares to their shareholders.
SHINE has given out 13.30% bonus shares, while GLBSL has distributed 4% bonus shares. Both companies have directly deposited the bonus shares to the DEMAT accounts of their shareholders.
SHINE’s 14th Annual General Meeting, held on 25th Poush, endorsed a 14% dividend for the fiscal year 2078/79.
Later, during its 266th board meeting on 7th Mangsir 2079, the company proposed a 13.3% bonus share worth Rs. 50.28 crores and 0.7% cash dividend worth Rs. 2.64 crores from its paid-up capital of Rs. 3.78 Arba.
The same bonus shares have been listed in NEPSE and deposited in the DEMAT accounts of its shareholders.
Similarly, GLBSL’s 7th Annual General Meeting, held on 30th Poush 2079, endorsed a 4.210526% dividend for FY 2078/79.
In its 117th board meeting held on Mangsir 27, the company proposed a 4% bonus share worth Rs. 39 lakhs and 0.210526% cash dividend worth Rs. 2.05 lakhs from its paid-up capital of Rs. 9.75 crores.
The bonus shares have already been listed in NEPSE and deposited in the DEMAT accounts of its shareholders.
Both companies have requested their shareholders to dematerialize their shares at NIBL Ace Capital Limited located in Lazimpat, Kathmandu.
Dematerialization of shares is a necessary step for shareholders to avail themselves of such bonus shares directly deposited into their DEMAT accounts.
SHINE and GLBSL have offered their shareholders a lucrative opportunity to increase their shareholding through bonus shares, and they encourage their shareholders to take advantage of these benefits by dematerializing their shares.