Deprosc Laghubitta to distribute 15% cash dividend directly to bank a/c; urges physical certificate holders to dematerialize their shares

Deprosc Laghubitta Bikas Bank Limited (DDBL) will be distributing 15% cash dividend (including tax) to its shareholders for the FY 2073/74 directly into bank accounts of the shareholders respectively. As per the notice published by ACE Capital Limited, the share registrar of DDBL, the cash dividends will be transferred directly to the bank accounts of the shareholders. For shareholders who have already dematerialized their shares, it has urged them to update their demat accounts with their bank accounts where the cash dividends will be transferred. For those who are yet to dematerialize their shares, ACE Capital Markets Limited has urged them to open Demat account. The bank’s 16^th AGM held on Poush 27, 2074 had endorsed 15 percent cash dividend (including tax) to the shareholders from the net profit it earned in the last fiscal year 2073/74.