Kumari Bank Urges Shareholders of Former Rising Development Bank and Union Finance to Claim Due Dividend

Thu, Jun 8, 2023 9:30 AM on Latest, Dividend, Bonus & Rights,

Kumari Bank Limited (KBL) has published a notice to the shareholders of the former (Kumari Bank Limited Acquired Rising Development Bank Limited and Union Finance Limited) to claim due dividends.

The shareholders who haven't claimed the dividend endorsed through various AGMs of the company should present their share certificate and proof of identity to the company's share registrar Kumari Capital Limited, Naxal, Kathmandu along with copies of the necessary documents to receive the due dividend.

Otherwise, according to section 182 of the Companies Act, 2063, the uncollected due dividend will be deposited in the "Investor Protection Fund".

Notice