SHPC, GBBL and GDBL to distribute dividend directly to respective bank accounts and d-mat accounts; urges shareholders to dematerialize shares

For the purpose of distribution of dividend directly to bank accounts and d-mat accounts, Garima Bikas Bank (GBBL), Sanima Mai Hydropower (SHPC) and Gandaki Bikas Bank (GDBL) have urged their shareholders to dematerialize their shares.

Garima Bikas Bank had declared 3.75% cash dividend for its shareholders from its 12^th AGM. The amount will be deposited in the respective bank accounts having IPS membership. Similarly, Gandaki Bikas Bank had declared 19.31% bonus shares for its shareholders from its 10^th AGM. The development bank will be directly transferring the shares to respective d-mat accounts.

Sanima Mai Hydropower had declared 5% cash dividend from the profits of FY 74/75, approved by the 7^th AGM of the company. The amount will be deposited in the respective bank accounts having the IPS membership.