Machhapuchchhre Bank transferring 6% cash dividend directly in bank accounts

Machhapuchchhre Bank Limited (MBL) is distributing 6% cash dividends (including tax) respectively to their shareholders. As per the notice published by MBL, the cash dividends will be transferred directly to the bank accounts of the shareholders. For shareholders who have already dematerialized their shares, it has urged them to update their demat accounts with their bank accounts where the cash dividends will be transferred. For those who are yet to dematerialize their shares, MBL has urged them to open Demat account in any branches of MBL.