SHINE, SADBL, CLI And NICL Distributed Bonus Shares Directly To Shareholders' DEMAT Account
Tue, Mar 5, 2024 10:48 AM on Latest, Dividend, Bonus & Rights,
Shine Resunga Development Bank Limited (SHINE) has distributed a 10.50% bonus share directly to the DEMAT accounts of its shareholders and has urged them to dematerialize their shares.
The company convened its 15th AGM on 23rd Mangsir, 2080, and endorsed an 11.05% dividend for the fiscal year 2079/80. 10.5% bonus shares and a 0.55% cash dividend (including tax) were proposed from the paid-up capital of Rs. 4.28 Arba. The same bonus shares are now deposited in Demat accounts.
As of writing, SHINE has an LTP of Rs. 390.00.
Similarly, Shangrila Development Bank Limited (SADBL) has distributed a 5% bonus share directly to the DEMAT accounts of its shareholders and has urged them to dematerialize their shares.
The company convened its 19th AGM on 24th Mangsir, 2080, and endorsed a 5.263% dividend for the fiscal year 2079/80. 5% bonus shares and a 0.263% cash dividend (tax purposes) were proposed from the paid-up capital of Rs. 3.26 Arba. The same bonus shares are now deposited in Demat accounts.
As of writing, SADBL has an LTP of Rs. 310.00.
Also, Citizen Life Insurance Company Limited (CLI) has distributed a 5% bonus share directly to the DEMAT accounts of its shareholders and has urged them to dematerialize their shares.
The company convened its 7th AGM on 14th Magh, 2080, and endorsed a 5.2632% dividend for the fiscal year 2079/80. 5% bonus shares and 0.2632% cash dividend (tax purposes) were proposed from the paid-up capital of Rs. 3.75 Arba. The same bonus shares are now deposited in Demat accounts.
As of writing, CLI has an LTP of Rs. 445.
And, Nepal Insurance Company Limited (NICL) has distributed a 10% bonus share directly to the DEMAT accounts of its shareholders and has urged them to dematerialize their shares.
The company convened its 75th AGM on Poush 13, 2080, and endorsed a 10.5263% dividend for the fiscal year 2079/80. 10% bonus shares and a 0.5263% cash dividend (tax purposes) were proposed from the paid-up capital of Rs. 1.49 Arba. The same bonus shares are now deposited in Demat accounts.
As of writing, NICL has an LTP of Rs. 858.90.
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.