Dividend of These 3 Companies Distributed in Bank/ Demat Accounts

Wed, Jan 26, 2022 10:45 AM on Latest, Dividend, Bonus & Rights,

Jyoti Bikash Bank Limited has distributed a 4.5% cash dividend directly to the bank accounts of its shareholders.

The 14th AGM of the company held on 23rd Poush, 2078, endorsed a 15.5% dividend for the fiscal year 2077/78. The 406th meeting of the board of directors held on Mangsir 09 decided to distribute the dividend on the paid-up capital of Rs. 3,84,48,22,781. 11% bonus shares worth Rs. 42.29 crores and 4.5% cash dividend (for tax purposes) worth slightly over Rs. 17.3 crores were proposed.

The same cash dividend is now distributed to bank accounts of eligible shareholders. Poush 09 was the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout.

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Similarly, Manjushree Finance Limited has also distributed a 6% cash dividend directly to the bank accounts of its shareholders.

The 14th AGM of the company held on 29th Poush, 2078 endorsed a 46% dividend for the fiscal year 2077/78. The 213th meeting of the board of directors held on Mangsir 24 decided to distribute the dividend on the paid-up capital of Rs. 93,53,94,892. From the paid-up capital, 40% bonus shares worth slightly over Rs 38.61 crores and 6% cash dividend (including tax) worth Rs 5.79 crore were proposed.

The same cash dividend is now distributed to bank accounts of eligible shareholders. Poush 15 was the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout.

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Likewise, Gurans Laghubitta Bittiya Sanstha Limited has distributed a 16.90% bonus share directly to Demat accounts of its shareholders.

The 6th AGM of the company held under the leadership of its chairman Mr. Udaya Narayan Baral on Kartik 22, 2078 endorsed the board’s proposal to provide 16.90% bonus shares and 0.88% cash dividend to its shareholders for the fiscal year 2077/78. The same bonus shares are now deposited to Demat accounts.

Kartik 08 was the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout.

For those who have not authenticated their bank account in their Demat accounts and for those who have not dematerialized their shares, the respective dividend will be distributed only after they complete the necessary procedure. Furthermore, investors who have taken margin loans against the shares of the companies are required to present a No Objection Letter or a Release Letter, depending on when they took the loan.

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