ICFC Finance and Adhikhola Laghubitta Distributing Dividend Directly to Shareholders Bank/ Demat Account
Fri, Jan 20, 2023 11:19 AM on Latest, Dividend, Bonus & Rights,
ICFC Finance Limited (ICFC) distributed 5% cash dividends directly to the bank accounts of its shareholders on 29th Poush, 2079.
The company convened its 19th AGM for the FY 2078/79 on Poush 29, 2079. The company endorsed a 10% dividend for FY 2078/79. The board of directors meeting on Mangsir 14 decided to distribute the dividend on the paid-up capital of Rs. 1.12 Arba. 5% bonus shares worth Rs. 5.63 crores and 5% cash dividend (tax purposes) worth Rs. 5.63 crores were proposed. The same cash dividend is now deposited to the bank accounts of its shareholders.
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.
Similarly, 19% bonus shares of Adhikhola Laghubitta Bittiya Sanstha Limited (AKBSL) have been distributed directly to the DEMAT account of its shareholders and have urged them to dematerialize their shares.
The company endorsed a 20% dividend for the fiscal year 2077/78. This is the company's first-ever dividend. The 142nd board of directors meeting on Mangsir 26, 2078 decided to distribute the dividend on the paid-up capital of Rs. 10 crores. 19% bonus shares worth Rs 1.9 crores and 1% cash dividend (including tax) worth Rs 10 lakhs were proposed.
Note that the bonus shares are already listed in NEPSE.
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.
