Nepal Doorsanchar urges shareholders to dematerialize shares & update bank account for cash dividend; around 30% shares are yet to dematerialize

Nepal Doorsanchar Company Limtied (NTC) will be distributing 55% cash dividend from the net profit of FY 2073/74 from Poush 30, 2074 through NMB Bank Limited. As per the notice published in newspaper today,for shareholders who have already dematerialized their shares, NTC has urged them to update their demat accounts with their bank accounts where the cash dividends will be transferred. For those who are yet to dematerialize their shares, it has urged them to open Demat account in NMB Bank Limited or any other banks. As per latest data available, around 30% shares are yet to be dematerialize.