I have c-asba for one of my bank accounts. Can I use the same CRN number to apply IPO from my demat account as well as my sister’s demat account? I have enough money in my bank account for both.
View on r/NepalStock by New_Humor7941
Tag: Accounts
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Garima Capital Offers Free Demat and Meroshare Accounts to Nepali Investors
Garima Capital Limited has launched a new program called “Every Nepali Shareholder,” enabling all Nepali citizens to open a Demat and Meroshare account without any charges. You can do this by visiting their main office in Kamalpokhri, Kathmandu, or at branch locations of Garima Bikas Bank Limited and Reliance Finance Limited across Nepal. Alternatively, you can also complete the process online through Garima Capital Limited’s website.
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Himalayan Everest Insurance Distributes Cash Dividend to Shareholders’ Bank Accounts
Himalayan Everest Insurance Limited (HEI) is distributing a 6.37% cash dividend starting today directly to the bank accounts and DEMAT accounts of its shareholders. Shareholders are encouraged to dematerialize their shares. Additionally, 8.63% bonus shares will be distributed directly to DEMAT accounts after listing in NEPSE.
The insurance company held its 30th Annual General Meeting (AGM) on the 25th of Poush, 2080. During the AGM, a 15% dividend for the fiscal year 2079/80 was approved. In a board meeting on the same day, it was decided to distribute dividends on the paid-up capital of Rs. 2.30 Arba. This includes 8.63% bonus shares valued at Rs. 19.86 crore and 6.37% cash dividend (inclusive of tax) valued at Rs. 14.66 crore. The same cash dividends are now being distributed.
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NIC Asia Laghubitta disbursed cash dividends directly to the bank accounts of its shareholders
NIC Asia Laghubitta Bittiya Sanstha Limited (NICLBSL) has directly credited a 15% cash dividend to the bank accounts of its shareholders and encouraged them to dematerialize their shares.
During the 6th Annual General Meeting held on the 6th of Poush, 2080, NICLBSL approved a 15% cash dividend for the fiscal year 2079/80. The board of directors, in a meeting on Kartik 1st, decided to disburse the entire dividend in cash. With the company’s paid-up capital standing at Rs. 1.73 Arba, the cash dividend amounts to just over Rs. 26.09 crores.
In addition, NICLBSL has urged shareholders, especially those who haven’t updated their bank information within the Demat account, to dematerialize their shares.
Moreover, eligible investors who have borrowed against the company’s shares before the book closure date are required to submit a No Objection Letter from their lending institution to receive the dividend.
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Is it possible to open demat accounts with multiple individuals using the same bank account?
I attempted to open my Mom’s demat and trading account online through a broker, using my bank account. During the demat registration process, I received an email stating that the bank account validation had failed.
View on r/NepalStock by ekashish
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Nesdo Sambridha Laghubitta Distributes 15% Cash Dividend and Encourages Shareholder Dematerialization
Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO) has taken the initiative to distribute a 15% cash dividend directly to the bank accounts of its shareholders and has encouraged them to convert their shares into dematerialized form.
The company convened its 4th Annual General Meeting (AGM) for the fiscal year 2078/79 on the 26th of Ashwin, 2080. During this AGM, NESDO approved a 15% dividend, which includes applicable taxes, for the fiscal year 2078/79. The disbursement of this dividend into the bank accounts of shareholders commenced on the 29th of Ashwin, 2080.
In addition to this, NESDO has made a specific request to its shareholders, particularly those who have not updated their bank information within the Demat account, to consider converting their shares into dematerialized form. This move aligns with modern financial practices and can streamline the dividend distribution process.
Moreover, NESDO has outlined a requirement for eligible investors who have obtained loans against the company’s shares before the book closure date. To be eligible for dividend payment, these investors must provide a No Objection Letter from their respective lending institutions.
By introducing these measures, NESDO is aiming to enhance the efficiency and transparency of its dividend distribution process while encouraging shareholders to modernize their shareholding by dematerializing their shares.
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Sanima Equity Fund Distributes 18% Cash Dividends to Unitholders’ Bank Accounts
Sanima Capital Limited has given 18% cash dividends to unit holders of “Sanima Equity Fund” and encouraged them to digitize their shares. This return was announced for the fiscal year 2079/2080. Starting from the 22nd of Ashwin, 2080, the fund began depositing these returns directly into the beneficiary accounts of the unit holders. The merchant bank has requested all unit holders to check and confirm the returns in their beneficiary accounts.
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Is CRN different for different Bank Accounts?
When I apply share with bank account A the CRN is valid and everything works fine but whenever I choose bank account B and try to proceed with that, There comes a error ” Invalid CRN Provided”.
What is the issue?
View on r/NepalStock by sebak_thapa
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Exchange paid membership accounts like merolangani data analytics, ss pro etc
Anyone willing to exchange their paid subscription with my merolagani data analytics ? Comment down if yes.
View on r/NepalStock by saksham11kc
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NIBL Pragati Fund Distributes 6.8% Cash Dividends to Unitholders’ Bank Accounts
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.