Dividend of HDL and MNBBL Distributed to Shareholders

Fri, Feb 18, 2022 1:00 PM on Latest, Dividend, Bonus & Rights,

Himalayan Distillery Limited (HDL) has distributed 25% cash dividend and 75% bonus shares directly to bank accounts and Demat accounts of its shareholders respectively.

The company proposed a 100% dividend for the fiscal year 2077/78. The meeting of the board of directors held on Poush 06 decided to distribute the dividend on the paid-up capital: 75% bonus shares and 25% cash dividend (including tax) were proposed.

The same dividend is now distributed.

Notice

Similarly, Muktinath Bikas Bank Limited (MNBBL) has distributed a 17.575% bonus share directly to the Demat accounts of its shareholders.

The 15th AGM for the FY 2077-78 held under the leadership of its chairman Mr. Bharat Raj Dhakal on Mangsir 25, 2078 endorsed the board’s proposal to provide an 18.50% dividend including 17.575% bonus shares and remaining as a cash dividend.

The same bonus shares are now distributed.

Notice

Both companies have urged their shareholders to dematerialize their shares in order to receive the dividend.