NIC Asia Bank Limited Distributed 29% Bonus Shares Directly To Shareholders' DEMAT Account
Fri, Jan 12, 2024 10:48 AM on Latest, Dividend, Bonus & Rights,
NIC Asia Bank Limited (NICA) has distributed a 29% bonus share directly to the DEMAT accounts of its shareholders and has urged them to dematerialize their shares.
The company convened its 26th AGM on Ashoj 28, 2080, and endorsed a 30.5% dividend for the fiscal year 2079/80. 29% bonus shares worth Rs. 3.35 Arba and a 1.5% cash dividend worth Rs. 17.35 crores were proposed from the paid-up capital of Rs. 11.56 Arba. The same bonus shares are now deposited in Demat accounts.
Also, the company has 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 are already listed in NEPSE.
As of writing, NICA has an LTP of Rs. 512.90.
