Got Your 6.32% Cash Dividend from Samata Laghubitta (SMATA)? Here's how to get it

Tue, Jan 5, 2021 10:31 AM on Latest, Dividend, Bonus & Rights,

Samata Laghubitta Bittiya Sanstha Limited (SMATA) is distributing a 6.32% cash dividend directly to the bank accounts of its shareholders.

The 7th AGM of the company held on Poush 14 had endorsed the dividend for the fiscal year 2076/77. The company had proposed 6.32% of the existing paid-up capital as cash dividend and 20% as bonus shares. The same cash dividend is already deposited in investors' bank accounts if they had authenticated their bank details by Poush 04.

For those who have not authenticated their bank account in their Demat accounts and for those who have not dematerialized their shares, the cash dividend will be distributed only after they complete the necessary procedure. Furthermore, investors who have taken margin loans against the shares of SMATA by Poush 04 are required to present a No Objection Letter or a Release Letter, depending on when they took the loan.

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