Mountain Energy Nepal And National Laghubitta Sanstha Distributed Bonus Shares Directly To Shareholders' DEMAT Account

Mountain Energy Nepal Limited (MEN) has distributed 15% bonus shares directly to its shareholders' DEMAT accounts. The company has urged its shareholders to dematerialize its shares.

The company convened its 10th AGM on 13th Chaitra, 2080, and endorsed a 15.7895% dividend for the fiscal year 2079/80. The 106th board of directors meeting held on Poush 22 decided to distribute a 15% bonus shares and a 0.7895% cash dividend were proposed.

As of writing, MEN has an LTP of Rs. 596.00.

Announcement:

And, National Laghubitta Bittiya Sanstha Limited (NMFBS) has distributed a 7.5% bonus share directly to its shareholders' DEMAT accounts and urged them to dematerialize their shares.

The company convened its 10th AGM on 16th Chaitra, 2080, and endorsed a 15% dividend for the fiscal year 2079/80. 7.5% bonus shares and a 7.5% cash dividend (tax purposes) were proposed from the paid-up capital of Rs. 1.08 Arba. The same bonus shares are now deposited in Demat accounts.

As of writing, NMFBS has an LTP of Rs. 1,370.00.

Also, the companies have urged the shareholders to dematerialize their shares, if they haven't updated their bank information in the Demat account are requested to do so to receive the bonus share.

Note that the bonus shares of all the companies are already listed in NEPSE.

Announcement: