Taragaon Regency Hotel and NIC Asia Laghubitta Distributed Cash Dividends Directly to Shareholders' Bank Accounts

Tue, May 2, 2023 6:52 AM on Latest, Dividend, Bonus & Rights,

Taragaon Regency Hotel Limited (TRH) has distributed an 8.42% cash dividend directly to the bank accounts of its shareholders and has urged them to dematerialize their shares.

The company convened its 26th AGM on 10th Baisakh and endorsed an 8.42% cash dividend for the fiscal year 2078/79. The meeting of the board of directors held on Poush 26 decided to distribute 8.42% of the paid-up capital as cash dividends for the fiscal year 2078/79. Since the paid-up capital of the company is Rs. 1,88,66,54,000, the cash dividend was worth Rs. 15,88,76,126. The same cash dividend is now distributed.

Similarly, NIC Asia Laghubitta Bittiya Sanstha Limited (NICLBSL) has distributed a 14.75% cash dividend directly to the bank accounts of its shareholders and has urged them to dematerialize their shares.

The company convened its 5th AGM on 10th Baisakh, 2080, and endorsed a 14.75% cash dividend for the fiscal year 2078/79. The meeting of the board of directors held on Falgun 21 decided to distribute the entirety of the dividend in cash. Since the paid-up capital of the company is Rs. 1,73,94,40,000, the cash dividend is worth a little over Rs. 25,65,67,400.

All the shareholders are informed about the amount deposited through IPS in the bank accounts of the updated shareholders. Shareholders who have not updated their Beneficiary Account (BOID No.), Bank Account, and PAN No. are requested to update as soon as possible.

Additionally, suppose eligible investors had taken a loan against the shares of the company before the book closure date. In that case, they should present a No Objection Letter from their lending institution to receive the dividend.

 

TRH Announcement

NICLBSL Announcement