Chhimek Laghubitta (CBBL) Distributing 3.26% Cash Dividend Directly to Shareholders' Bank Accounts

Tue, Mar 28, 2023 11:49 AM on Latest, Dividend, Bonus & Rights,

Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) is distributing 3.26% cash dividends directly to the bank accounts of its shareholders from today (14th Chaitra) and has urged them to dematerialize their shares.

The company convened its 21st AGM for the FY 2078/79 on Chaitra 10, 2079. The company endorsed a 25.26% dividend for FY 2078/79. The 282nd meeting of the board of directors held on Poush 27 decided to distribute the dividend on the paid-up capital of Rs. 2.32 Arba. 22% bonus shares worth Rs 51.13 crores and 3.26 % cash dividend (including tax) worth Rs 7.57 crore were proposed. The same cash dividend is now being distributed.

Also, the company has urged the shareholders to dematerialize their shares if they haven't updated their bank information in the Demat account are requested to do so in order to receive the dividend.

Additionally, if eligible investors had taken a loan against the shares of the company before the book closure date, they should present a No Objection Letter from their lending institution to receive the dividend.

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