20% Bonus Shares of Samata Gharelu Laghubitta Distributed to Demat Accounts

Mon, May 3, 2021 10:24 AM on Latest, Dividend, Bonus & Rights,

Samata Gharelu Laghubitta Bittiya Sanstha Limited has made the provision to distribute 20% bonus shares directly to Demat accounts of its shareholders.

The 7th AGM of the company held on Poush 14 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.

The bonus shares are now listed in NEPSE. Investors who have dematerialized their shares will receive the bonus shares on the Demat accounts themselves.

Meanwhile, 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.

After a successful merger, Samata Laghubitta (ticker SMATA) and Gharelu Laghubitta have commenced their joint operation from 2nd Baisakh. The companies are jointly operating under the name of Samata Gharelu Laghubitta Bittiya Sanstha Limited with the central office at Banepa, Ward 08, Kavrepalanchowk.