Reminder: 30 Days Ultimatum to Collect Pending Cash Dividend of Butwal Power Company (BPCL)

Butwal Power Company Limited (BPCL) has urged its investors to collect the unclaimed cash dividend.

The legal rules require the company to deposit the unclaimed dividend older than five years on the Investors' Conservation Fund. Thus, the company has requested investors to claim their cash dividends distributed in any year in the FY period 2061/62 to 2069/70.

If the investors do not claim their dividend distributed before this period within a month of this notice, the company will have to deposit the sum in the Investors' Conservation Fund. Investors should consult with the share registrar Nabil Invest in Naxal, Kathmandu along with the necessary documents to claim their due dividends. This includes proof of stock ownership during the period and a document to disclose the stockholder's identity.

While writing, BPCL has an LTP of Rs. 417.

Notice