Muktinath Bikas Bank transferring 20% bonus shares to shareholders directly in Demat account; urges shareholders to dematerialize their shares

Muktinath Bikas Bank Limited (MNBBL) has published a notice that the 20% bonus shares the bank had announced to distribute from the net profit of FY 2073/74 have been distributed directly in the Demat accounts of the respective shareholders. As per the notice published in newspaper today, 11th AGM of the company held on Poush 19, 2074 had endorsed 20% bonus shares to the shareholders who had owned shares before the book closure date. The register of their shareholders had been closed from Poush 7 to Poush 19, 2074. Only those shares traded one day ahead of the book closure date i.e. Poush 6, 2074 are eligible for the bonus shares. Those who are yet to dematerialize their shares are requested to Demat all the physical shares through NIBL Ace Capital Limited, Lazimpat, Kathmandu or  its designated branches. See the notice here