Shangrila Development Bank and Bank of Kathmandu Limited Urges Shareholders to Claim Due Dividend

Shangrila Development Bank Limited (SADBL) has published a very important 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, the bank has notified that the investors who haven't claimed the dividend should present their share certificate and proof of identity to the share registrar of this bank, NIBL Ace Capital Limited, Lazimpat, Kathmandu to claim their dividend along with the copies of the necessary documents to receive the due dividend.

Notice

Similarly, Bank of Kathmandu Limited (BOKL) has also urged its shareholders to claim the due dividends.

Out of the cash dividend declared to be distributed to its shareholders in the fiscal year 2070/71, Rs. 24,30,098.34 is yet to be received by some of the shareholders. Investors who haven't claimed the dividend should present their share certificate and proof of identity to the share department of this bank to claim their dividend.

Otherwise, the uncollected due dividend up to FY 2070/71 will be deposited in the "Investor Protection Fund".

Notice