Soaltee Hotel And Manjushree Finance Distributed Cash Dividends Directly to Shareholder's Bank Accounts
Mon, Jan 22, 2024 11:03 AM on Latest, Dividend, Bonus & Rights,
Soaltee Hotel Limited (SHL) has distributed 26.578% cash dividends directly to the bank accounts of its shareholders and has urged them to dematerialize their shares.
The company convened its 49th AGM for the FY 2079/80 on Poush 26, 2079. The company endorsed a 31.58% dividend for FY 2079/80. The board of directors meeting held on Mangsir 01, 2080 has decided to distribute a 31.58% dividend for FY 2079/80. 26.57894737% cash dividend and 5% bonus shares were proposed from the paid-up capital. The paid-up capital of the company stands at Rs. 88.47 Crores. Thus, bonus shares are worth Rs. 44,235,753, and cash dividend is worth Rs 235,147,950. The same cash dividend has now been distributed.
Similarly, Manjushree Finance Limited (MFIL) is distributing 5.263% of dividends directly to the bank accounts of its shareholders.
The company convened its 16th AGM for the FY 2079/80 on 25th Poush, 2080. The company endorsed a 5.263% dividend for the fiscal year 2079/80. The 261st meeting of the board of directors held on Mangsir 14 decided to distribute the dividend on the paid-up capital of Rs. 1.35 Arba. A 5.263% cash dividend (including tax) worth Rs 7.11 crores was proposed. The same dividend is now being distributed.
Also, both companies have urged their shareholders to dematerialize their shares if they haven't or are yet to update their bank information in the Demat account and are requested to do so to receive the dividend.
Additionally, if eligible investors had taken a loan against the shares of the company before the book closure date should present a No Objection Letter from their lending institution to receive the dividend.
