Mahalaxmi Bikas Bank and Himalayan Bank Urges Shareholders to Claim Due Dividend

Mon, Aug 8, 2022 12:03 PM on Latest, Dividend, Bonus & Rights,

Mahalaxmi Bikas Bank Limited (MLBL) has published a very important notice to the shareholders of former (Malika Bikas Bank Limited, Mahalaxmi Finance Limited, Yeti Finance Limited, Siddhartha Finance Limited and Valley Finance Limited) to collect uncollected due dividend passed by various general meetings.

Investors who have not claimed the dividend yet have to contact the share registrar of this bank, Siddhartha Capital Limited located at Narayanchaur, Kathmandu or the bank's share department for more information.


Similarly, Himalayan Bank Limited (HBL) has also published a notice to the account holders or the nominee of the particular accounts whose account is inactive since past 10 years to contact the relevant branch of this bank with the necessary evidence and update those accounts.

Also, even after 5 years of dividend distribution some of the shareholders haven't collected the dividend from the bank yet. Investors who haven't claimed the dividend should present their share certificate and proof of identity to the company's share department to claim their dividend at Himalayan Capital Limited, Thamel, Kathmandu along with the copies of the necessary documents to receive the due dividend.

Otherwise, section 182 (10) of the Companies Act, 2063, will be implemented.