Bonus Shares of Shikhar Insurance Company & Lumbini Bikas Bank were distribute to shareholders’ Demat accounts
The stockholders of Lumbini Bikas Bank Ltd (LBBL) have each received 3% bonus shares straight into their DEMAT accounts and have encourage to dematerialize their shares.
The board of directors of the firm proposed a 12% dividend from the paid-up capital at its 435th meeting, which was conducte on Mangsir 2, 2079. The company has 3.28 arba in paid-up capital.
It has propose to award 9% cash bonuses (including tax) worth Rs. 29.55 crores and 3% incentive shares worth Rs. 9.85 crores. Demat accounts are currently being paid the same incentive.
At Muktinath Capital Limited, Naxal, Kathmandu, shareholders must dematerialize their shares. Shikhar Insurance Company Limited has also given its stockholders direct distribution of 16% incentive shares to their DEMAT accounts and encouraged them to dematerialize their shares.
The business held its annual general meeting on March 25 and approved a 16.8421% payout for the fiscal year 2078–1979 in attendance.
The reward on the paid-up capital of Rs. 2.65 Arba was agreed to distribute at the 287th meeting of the board of directors, which was convene on Mangsir 29.
The proposal included 0.8421% cash dividend (including bonus shares for tax reasons) and 16% bonus shares valued Rs 36.88 crores. Now, Demat funds are receiving the same bonus payout. Owners of shares must dematerialize them at NIBL Ace Capital Limited in Lazimpat, Kathmandu.
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