Soaltee Hotel Distributed 21.315% Cash Dividends Directly to Shareholders' Bank Accounts
Tue, Jan 31, 2023 10:09 AM on Latest, Dividend, Bonus & Rights,

Soaltee Hotel Limited (SHL) has distributed 21.315% cash dividends directly to the bank accounts of its shareholders and has urged them to dematerialize their shares.
The company convened its 48th AGM for the FY 2078/79 on Poush 28, 2079. The company endorsed a 26.31578947% dividend for FY 2078/79. The meeting of the board of directors held on Ashwin 31 decided to distribute a 5% bonus shares worth Rs. 4,21,28,986 and a 21.31578947% cash dividend worth Rs. 179,602,521 from its paid-up capital of Rs. 84.25 Crores. The same cash dividend has now been distributed.
Also, the company has urged the shareholders to dematerialize their shares if they haven't updated their bank information in the Demat account are requested to do so in order to receive the dividend.
Additionally, if eligible investors had taken a loan against the shares of the company before the book closure date, they should present a No Objection Letter from their lending institution to receive the dividend.