Nabil bank to distribute 18% cash dividend directly to bank a/c; urges physical certificate holders to dematerialize their shares

Nabil Bank Limited (NABIL) will be distributing 30% bonus share and 18% cash dividend to its shareholders for the FY 2073/74 directly into demat accounts and bank accounts of the shareholders respectively. The bonus share will be transferred directly to the Demat account of the shareholders and cash dividend will be deposited in the account of the shareholders. Publishing a notice today, the bank has requested those shareholders who have not dematerialized their shares to provide their bank account number for receiving the cash dividend. Physical share certificate holders are also requested to dematerialize their shares as soon as possible by opening demat account from any branch of Nabil bank or from any 64 registered depository participants. After the certificates are dematerialized, then only will the bank transfer the bonus shares. The bank’s 33^rd AGM held on Ashwin 10, 2074 had endorsed 30 percent bonus share and 18 percent cash dividend to the shareholders from the net profit it earned in the last fiscal year 2073/74.