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Wednesday, October 27, 2021
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    Nepal Stock ExchangeRight | Bonus | DividendShareholders of previously acquired companies are being urged to collect unclaimed dividends...

    Shareholders of previously acquired companies are being urged to collect unclaimed dividends by Kumari Bank Limited.

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    Earlier this month, Kumari Bank Limited published a notification informing owners of formerly amalgamated companies that they should claim any dividends.

    Kumari Bank has purchased Western Bank Limited, Bittiya Sanstha Limited, and Paschimanchal Finance Company Limited, all of which were previously owned by other institutions. As a result, eligible shareholders have not yet claimed a portion of the distributed by the companies during their autonomous operation.

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    In the event that an investor fails to claim his or her payout within five years after its distribution, the dividend will be put into the Investors Protection Fund.


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