NMB Bank and Mahalaxmi Bikas Bank Urge Shareholders to Collect Due Dividend

Mahalaxmi Bikas Bank Limited (former Malika Bikas Bank, Mahalaxmi Finance, Yeti Finance, Siddhartha Finance, Valley Finance) has published a notice to collect unclaimed due dividends to its shareholders.

The company still has unclaimed dividends distributed by various AGMs of the former companies in its books. As such, investors should consult with the share registrar Siddhartha Capital to claim the dividend. The share registrar requires a share ownership document and proof of identity to release the dividend. Investors who fail to claim their dividend will have the sum deposited to the Investors' Protection Fund.

NMB Bank Limited has also published a notice to the shareholders of former Kanchan Development Bank Limited regarding uncollected due dividends. This includes the dividend distributed from FY 2069/70. NMB Capital is the share registrar.