Taragaon Regency Hotel Distributed Cash Dividends Directly to Shareholder's Bank Accounts
Fri, Jan 19, 2024 12:21 PM on Latest, Dividend, Bonus & Rights,
Taragaon Regency Hotel Limited (TRH) has distributed an 11% cash dividend directly to the bank accounts of its shareholders and has urged them to dematerialize their shares.
The company convened its 27th AGM on 24th Poush, 2080. The company endorsed a 15% dividend for fiscal year 2079/80. The board of directors meeting decided to distribute 11% cash dividend and 4% bonus shares with a total of 15% dividend (Including tax) from the paid-up capital of Rs. 1,88,66,54,000. The same cash dividend is now distributed.
Furthermore, the company has requested its shareholders to dematerialize their shares, especially if they have not updated their bank information within the Demat account.
Additionally, suppose eligible investors had taken a loan against the shares of the company before the book closure date. In that case, they should present a No Objection Letter from their lending institution to receive the dividend.
