Citizens Capital held its 17th Annual General Meeting (AGM) on Ashoj 19, 2080, chaired by the company’s chairman.
During the AGM, the shareholders approved a 12% cash dividend proposal, along with reviewing the financial reports for the fiscal year 2079-80, according to a media statement.
NMB Capital Limited will be giving a 15% cash dividend to the unit holders of “NMB Hybrid Fund L-1” and “NMB 50” directly into their bank accounts. They are encouraging unit holders to convert their shares into electronic form.
Both funds had earlier announced a 15% cash dividend for the fiscal year 2079/2080. NMB Hybrid Fund L-1 will deposit the dividend in the unit holders’ beneficiary accounts starting from the 21st of Ashwin, while NMB 50 will do so from the 22nd of Ashwin, 2080. The bank advises all unit holders to check their beneficiary accounts for the dividend.
Investors in Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO) have a last chance to seize the proposed dividend as today marks the final day to claim this lucrative offering. NESDO has convened its 4th Annual General Meeting scheduled for the 26th of Ashwin, 2080, at the picturesque Royal Kushma Resort in Kusma, Parvat, beginning at 11 AM. Among the key agenda items, the AGM is set to endorse a generous 17.9342% cash dividend, equivalent to Rs. 4.57 Crores, for the fiscal year 2078/79. While the initial proposal in the 78th meeting of the company included a dividend of 73.6842%, covering bonus shares and cash dividends (including tax), it was later adjusted by the Nepal Rastra Bank to the approved percentage of 17.9342. NESDO’s current paid-up capital stands impressively at Rs. 25.50 Crores, solidifying its commitment to rewarding its valued shareholders and its continued growth in the financial sector. Don’t miss out on this opportunity to benefit from NESDO’s prosperous journey.
Global IME Balance Fund-I (GIBF1) plans to provide a 5% cash dividend to its unit holders for the fiscal year 2079/80. This decision was made during the 165th board meeting of Global IME Capital Limited on October 1, 2023 (Ashwin 15). The cash dividend amounts to Rs. 5.12 Crores and will be distributed to the unitholders of GIBF1.
GIBF1 is a closed-end fund with a maturity period of 10 years and a fund size of Rs. 1.02 Arba.
Sanima Mai Hydropower Limited (SHPC) has recommended a dividend of 10.5263% for the fiscal year 2079/80. They have also scheduled their 12th Annual General Meeting for November 6, 2023 (Kartik 23, 2080).
In a board meeting held on October 1, 2023 (Ashwin 15, 2080), the company decided to distribute this dividend, consisting of 0.5263% in cash and 10% in bonus shares, based on their paid-up capital of Rs. 3.08 Arba. This translates to bonus shares worth Rs. 30.89 Crores and cash dividends totaling Rs. 1.62 Crores, which includes taxes related to the bonus shares.
Today marks the final opportunity to claim dividends from Everest Bank Limited (EBL) and NIC Asia Bank Limited (NICA).
EBL has scheduled its 29th Annual General Meeting (AGM) for the 30th of Ashwin, 2080, at Lainchaur Banquet in Kathmandu, commencing at 11 a.m. During this meeting, one of the key agenda items is the approval of a 20.53% dividend for the fiscal year 2079/80. This dividend comprises a 10.53% cash dividend and a 10% bonus share, as decided by the Board of Directors in their 357th meeting on Bhadra 27. EBL’s current paid-up capital is Rs. 10.69 Arba, and the cash dividend includes taxes associated with the bonus shares.
Citizens Bank International Limited (CZBIL) is set to hold its 17th Annual General Meeting (AGM) on September 26, 2080, in Amritbhog, Kalikasthan, Kathmandu, starting at 11 a.m. During this meeting, among other things, they will approve a 5.79% cash dividend for the fiscal year 2079/80. This decision was made during the 428th meeting of the Board of Directors on August 15th, where they decided to distribute a cash dividend of Rs. 82.21 Crores from their paid-up capital of Rs. 14.20 Arba. Today is the last day to claim this dividend, so make sure to do so if you’re a shareholder.
NIMB Ace Capital Limited has distributed a 6.8% cash dividend from the “NIBL Pragati Fund (NIBLPF)” directly to the unit holders’ bank accounts. They have also encouraged unit holders to convert their shares into dematerialized form.
This distribution represents the 6.8% return for the fiscal year 2079/2080, with the fund initiating deposits into beneficiaries’ accounts from the 12th of Ashwin, 2080. The company emphasizes that all unit holders should verify the return in their beneficiary accounts.
Furthermore, they have urged unit holders to update their bank information in the Demat account to ensure the smooth receipt of dividends. For eligible investors who have taken loans against the company’s shares, it’s essential to provide a No Objection Letter from their lending institution to receive the dividend.
Today marks the final opportunity for investors to claim the cash dividends offered by five mutual funds.
NMB Hybrid Fund L-1 and NMB 50 have both declared a 15% cash dividend for the fiscal year 2079/80, with their book closure date set on Ashwin 12. Therefore, investors holding units in either of these mutual funds up to today are eligible to receive the dividend payout.
Similarly, Prabhu Capital Limited has chosen to distribute a 9.50% cash dividend to unitholders of Prabhu Select Fund (PSF) for the fiscal year 2079/80. This marks the fund’s inaugural dividend distribution following its listing on NEPSE. The book closure date for this dividend is 12th Ashwin 2080, meaning unit holders maintaining their positions until today are entitled to the dividend payout.
Sanima Bank Limited (SANIMA) has scheduled its 19th Annual General Meeting (AGM) for the 2nd of Kartik, 2080, starting at 11 a.m. The AGM will take place at Kundalini Durbar Banquet in Kathmandu.
One of the main agenda items for the AGM is the approval of a 14.7% dividend for the fiscal year 2079/80. This dividend includes a 5.7% cash dividend and 9% bonus shares from the company’s paid-up capital. The total paid-up capital of the company is Rs. 12.46 Arba, with bonus shares valued at Rs. 1.12 Arba. It’s important to note that the cash dividend already covers the tax amount for the bonus shares.
Additionally, the AGM will address the approval of the auditor’s report, which includes PL statements, financial reports, and cash flow reports, and the appointment of an auditor for the fiscal year 2080/81.
The book closure date for entitlement to the dividend payout and AGM attendance is Ashwin 22. Shareholders holding shares on this date will be eligible for both.
RBB Merchant Banking Limited has announced its 8th Annual General Meeting (AGM) on the 29th of Ashwin, 2080. The AGM will take place at the company’s head office, Singhadurbar Plaza, Kathmandu, starting at 4 pm.
The key agendas for the AGM include:
1) Approval of financial reports for the fiscal year 2079/80.
2) Approval of the auditor’s report, which includes PL statements, financial reports, and cash flow reports.
3) Approval of a 13.16% cash dividend, which already includes the tax.
4) Appointment of auditors and determination of their remuneration for the fiscal year 2080/81.
5) Miscellaneous matters to be discussed during the meeting.
Everest Bank Limited (EBL) has scheduled its 29th Annual General Meeting (AGM) for the 30th of Ashwin, 2080, to be held at Lainchaur Banquet in Kathmandu, starting at 11 a.m.
One of the key items on the AGM agenda is the approval of a 20.53% dividend for the fiscal year 2079/80. In a meeting on Bhadra 27, the Board of Directors (BODs) decided to distribute this dividend, which consists of a 10.53% cash dividend and a 10% bonus share from the company’s paid-up capital. The total paid-up capital of the company currently stands at Rs. 10.69 Arba, and it’s important to note that the cash dividend already includes the tax amount for the bonus shares.