Global IME Bank Distributing 10.6% Cash Dividend Directly to Shareholders Bank Account

Global IME Bank Limited (GBIME) is distributing 10.6% cash dividends directly to the bank accounts of its shareholders and has urged them to dematerialize their shares.

The company convened its 16th AGM for the FY 2078/79 on 23rd Mangsir, 2079. The bank proposed a 10.6% cash dividend and a 3% bonus shares from the paid-up capital of Rs. 23.79 Arba. Thus, the cash dividend worth Rs. 2.52 Arba and bonus shares worth Rs. 79.38 crores were proposed. The cash dividend includes the tax amount for the bonus shares. The same cash dividend is now being deposited.

Therefore, shareholders who haven't yet dematerialized their shares or haven't updated their bank information in the Demat account are requested to do so in order to receive the dividend.

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

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