Swabalamban Laghubitta urges shareholders to collect past dividends; urges dematerialization of shares

Tue, Aug 6, 2019 2:30 PM on Dividend, Bonus & Rights, Latest, Others,

Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) has published a notice urging its shareholders to collect cash dividend and dematerialize their shares.

The microfinance company has urged shareholders to collect uncollected dividend immediately by contacting share registrar, NIBL Ace Capital. Unclaimed dividend older than 5 years will be nulled as per the law.

The company also urges shareholders to dematerialize their shares and linking their bank accounts to their demat accounts.

The microfinance company had issued 25% bonus shares and 11.84% cash dividend out of the profits of FY 74/75 for the shareholders.