Lumbini Bikas Bank and Shikhar Insurance Company Distributed Bonus Shares to Demat Accounts of Shareholders

Lumbini Bikas Bank Limited (LBBL) has distributed 3% bonus shares directly to the DEMAT account of its shareholders respectively and urged to dematerialize their shares.

The company's 435th meeting of the board held on 2nd Mangsir 2079, has proposed 12% dividend from the paid-up capital. The paid-up capital of the company stands Rs. 3.28 Arba. 3% bonus shares worth Rs. 9.85 crores and 9% cash dividend (including tax) worth Rs 29.55 crores have been proposed. The same bonus dividend are now deposited to Demat accounts..

Shareholders will have to dematerialize their shares at Muktinath Capital Limited, Naxal, Kathmandu.

 Announcement 

 Likewise, Shikhar Insurance Company Limited has distributed 16% bonus shares directly to the DEMAT account of its shareholders respectively and urged to dematerialize their shares.

The company convened its AGM on 25th Magh and endorsed a 16.8421% dividend for the fiscal year 2078/79. The 287th meeting of the board of directors held on Mangsir 29 decided to distribute the dividend on the paid-up capital of Rs. 2.65 Arba. 16% bonus shares worth Rs 36.88 Crores and 0.8421% cash dividend (including bonus shares tax purposes) were proposed. The same bonus dividend are now deposited to Demat accounts.

Shareholders will have to dematerialize their shares at NIBL Ace Capital Limited, Lazimpat, Kathmandu.

 Announcement