Nepal Bank (NBL) Approves Bonus and Dividend after 23 Years!

DIVIDEND:

Nepal Bank (NBL), the first commercial bank of Nepal, has approved bonus shares and dividend for shareholders after more than two decades.

The 60th annual general meeting (AGM) held yesterday on 25 Paush 2076 has approved to distribute its shareholders a net 25% including 15% bonus shares and 10% cash dividend including tax.

The price for 15% bonus shares is already adjusted to Rs 275.65 on 13 Paush 2076 and 10% cash dividend is now getting sent to the shareholders account.

Currently its paid up stands at Rs. 9.81 arba and its capital will be Rs 11.28 after the adjustement.

Check the DETAILS HERE:

Sindhu Bikas Bank (SINDU) announces bonus shares !

DIVIDEND:

Sindhu Bikas Bank (SINDU) has announced bonus shares for shareholders from the distributable profit of FY 2075/76.

The board meeting of the company held on 01 Poush 2076 has decided to distribute 11.513% bonus shares and 0.575% lakh cash dividend for tax purpose.

The decision should approved by Beema Samiti and Annual general meeting of the company.

Currently its paid up stands at Rs. 50 crore.

Check the DETAILS HERE:

Arun Kabeli Power (AKPL) calls AGM !

BOOK CLOSE:

Arun Kabeli Power Limited (AKPL) has announced Book Close of its 9th Annual General meeting (AGM) going to be held on 15th Poush, 2076.

The book will be close on 15th Poush, 2076. Only the shareholders who get registered in the book within 14 Paush 2076 or one day ahead of book close will be eligible to participate in AGM.

Check the DETAILS HERE:

Arun Valley Hydropower (AHPC) announces bonus shares !

BONUS:

Arun Valley Hydropower Development Company Limited (AHPC) has announced dividend for its shareholders from the distributable profit of fiscal year 2075/76.

The board meeting of the company held on 22 Mangsir 2076 has decided to distribute 7% bonus shares and 0.63% cash dividend for tax purpose.

The decision should be approved by Annual general meeting (AGM).

Check the DETAILS HERE:

National Microfinance (NMFBS) calls AGM for Dividend !

BOOK CLOSE:

National Microfinance Bittiya Sanstha Ltd. (NMFBS) has announced Book Close of Annual General meeting (AGM).

The book will be close on 16 Mangsir 2076. Only the shareholders who get registered in the book within 15 Mangsir 2076 or one day ahead of book close will be eligible to participate in AGM.

Check the DETAILS HERE:

Swarojgar Laghubitta (SLBBL) announces Book Close and AGM !

BOOK CLOSE:

Swarojgar Laghubitta Bittiya Sanstha (SLBBL) has announced its Book Close and calls its Annual General meeting (AGM).

The book close will be on 15 Mangsir 2076. Only the shareholders who get registered in the book within 14 Mangsir 2076 or one day ahead of the book close will be eligible to participate in AGM.

The bank will convene 11th AGM on 28 Mangsir 2076 at Kayastha Banquet, Banepa, Kavrepalanchok, 10:30 AM.

The agendas of AGM are:

• to endorse 26.7520% or Rs. 7.20 crore bonus shares and 1.4080% or Rs.37.94 lakh cash dividend from the income of FY 2075/76
• to approve audited financial statement of FY 2075/76.
• to appoint statutory auditor for FY 2076/77
• to issue 100% right shares
• to go for merger and acquisition with appropriate bank and financial institutions; provided authority for BOD and signed MOU and assets and liabilities valuation through DDA.
• to amend MOA and AOA, etc

Currently, its paid up capital stands at Rs. 26.95 crore.

Check the DETAILS HERE:

Sana Kisan Bikas Laghubitta (SKBBL) announces Bonus Shares !

BONUS:

Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) has announced dividend for shareholders from the distributable profit of FY 2075/76.

The board meeting of the company held on 06 Mangsir 2076 has decided to distribute 27.25% bonus share and 1.434% cash dividend for tax purpose.

The decision should be approved by Nepal Rastra Bank (NRB) and Annual general meeting (AGM).

Its paid up capital stands at Rs.78.60 crore.

Check the DETAILS HERE:

Cash Dividend & Bonus Share - Current Update !

DIVIDEND UPDATE:

Are you up-to-date with the current cash dividend, bonus share and right share of different companies? Have you received your cash dividend ? How much? Are they proposed only or already approved in their annual general meeting (AGM)?

What is DIVIDEND?

Dividend is certain portion of income of the company which is given for existing shareholders in the proportion of their holdings. The company may or may not provide dividend every year. It depends upon the decision of board of management & board of directors. Dividend distribution majorly depends up the capacity of organizations. Dividend is provided in two forms; cash dividend & stock dividend (bonus share).

Check the LIST HERE:

Aarambha Microfinance Issuing IPO Shares From Today, When, Where, How Much and How to Apply?

IPO

Aarambha Microfinance Bittiya Sanstha Limited (AMBSL) is issuing its Initial Public Offering (IPO) of 2,94,000 unit shares Rs 29.4 million (Rs 2.94 crores) at the face value rate Rs 100 per unit, starting immediately from today Tuesday 27th February 2018 (15th Falgun 2074). The microfinance company endorsed its proposal to issue this IPO in its third annual general meeting (AGM) held on Saturday 4th November last year 2017 (18th Kartik 2074), and subsequently received its approval from Securities Board of Nepal (SEBON) on Thursday 4th January this year 2018 (20th Paush 2074).

The offering of the shares is open initially only for 4 trading days and will close on as early as next week Monday 5th March 2018 (21 Falgun 2074) if all shares are sold, else the closing date is extendible maximum up to Tuesday 29th Falgun 2074 (13th March 2018).

Interested investors must apply for a minimum of 50 units of this share and can apply a maximum of up to 1,000 units of the share. However, it is advisable to apply for only the minimum 50 units of the IPO share since mandatory allotment of only 10 units of share will be made to every applicant presumably by lottery system after its oversubscription.

DETAILS ? Check this out ! »

Forward Community Microfinance (FOWAD) endorsing 50% bonus & 15% cash dividend in its 5th AGM on Chaitra 4 !

Forward Community Microfinance Bittiya Sanstha Limited (FOWAD) will be convening its 5th Annual General Meeting (AGM) on Chaitra 4, 2074. The AGM is going to be held at FOWAD head office, Duhabi, Sunsari at 11:00 AM.

ANALYSIS DOWNLOAD PDF LINK

The main agendas of the AGM are:

• To endorse 50% bonus shares and 15% cash dividend from the net profit of Rs 25.06 crore it had earned in the FY 2073/74.
• To conduct election of Board of Directors (BOD).
• To increase authorized, issued and paid up capital of the company.
• To amend the Memorandum of Association (MOA) and Articles of Association (AOA).

Other agendas of the AGM are major financial highlights of the FY 2073/74 and appointment of auditor for the FY 2074/75.

The book closure date for the AGM has been set on Falgun 17 to Chaitra 4, 2074. Thus, only those shareholders holding shares till Falgun 16, 2074 i.e. one day ahead of the book closure date are eligible to participate in the AGM and proposed dividend.

Its paid up capital will reach to Rs 30 crore from existing Rs 20 crore after distribution of 50% bonus shares.

It had posted net profit of Rs 14.54 crore in the second quarter of the FY 2074/75.

Its LTP stood at Rs 3,311 as of last trading day.

See the AGM Notice here