Tag: claim

  • GBBL Urges Shareholders to Collect Uncollected Dividends: Important Notice for Investors

    GBBL Urges Shareholders to Collect Uncollected Dividends: Important Notice for Investors


    Garima Bikas Bank Limited (GBBL), formerly known as Subhechha Bikas Bank Limited, Nilgiri Bikas Bank Limited, and Sahara Bikas Bank Limited, has issued a notice urging its shareholders to collect unclaimed dividends.

    According to the notice, some investors have yet to collect dividends for the fiscal year 2074/75. These dividends were due in the fiscal year 2074/75 when the bank distributed cash dividends to its shareholders.

    The bank has appealed to investors who have not yet claimed their share of dividends to visit NIMB Ace Capital Limited, Lazimpat, Kathmandu, with valid identification within the next 35 days to claim their dividends.

    As of the latest update, GBBL has a Last Traded Price (LTP) of Rs. 369.00, reflecting its current market value.

  • Singati Hydro Energy Limited Announces 100% Right Share Issue: Last Trading Day for Eligibility Approaches

    Singati Hydro Energy Limited Announces 100% Right Share Issue: Last Trading Day for Eligibility Approaches


    Today marks the final trading day on the Nepal Stock Exchange (NEPSE) for investors to qualify for the entitlement of right shares from Singati Hydro Energy Limited (SHEL).

    Singati Hydro Energy Limited plans to issue 100% right shares valued at Rs. 1.45 Arba by offering 14,500,000 (1:1) units of right shares to its existing shareholders. Currently holding a paid-up capital of Rs. 1.45 Arba, the company anticipates a doubled paid-up capital of Rs. 2.90 Arba after the adjustment of the proposed right shares, each valued at 1.45 crore units.

    The lock-in period for SHEL is set to conclude on April 9, 2024. Following this, the reserved shares allocated to project-affected individuals, employees, and promoters will be released and become tradable on the secondary market.

    Muktinath Capital Limited has been appointed as the issue manager for this right share offering.

    Poush 22 has been specified as the book closure date. Therefore, investors who maintain their holdings until that day will be eligible to apply for the right shares.

     

  • Can I claim 40 year old share that my grandfather bought?

    Can I claim 40 year old share that my grandfather bought?


    My grandfather bought an ADBL share about 40 years ago (2039). I have a share certificate with a share number given by the **Agricultural Development Bank.** Can I claim that share today and what is the process?

    View on r/NepalStock by Warm_Discount3894

  • Attention Shareholders: Nepal SBI Bank Calls for Collection of Unclaimed Dividends

    Attention Shareholders: Nepal SBI Bank Calls for Collection of Unclaimed Dividends


    Nepal SBI Bank Limited (SBI) has released a notification calling upon its shareholders to retrieve outstanding dividends that remain uncollected. The announcement highlights that certain investors have yet to claim dividends allocated during the fiscal year 2074/75. The dividend disbursement took place in the aforementioned fiscal year when the bank distributed cash dividends to its shareholders.

    To facilitate the retrieval process, the bank is urging shareholders who have not yet availed themselves of their dividend entitlements to visit Nepal SBI Merchant Banking, located in Thamel, within the next month. To complete the claim, investors are required to present valid identification or their share certificates along with proof of identity.

    As of the latest update, the Last Traded Price (LTP) for SBI stands at Rs. 322. This initiative aims to ensure that all shareholders receive their due dividends, emphasizing the importance of timely collection to those who may have overlooked or not yet claimed their share of the fiscal year 2074/75 dividend distribution.

  • I was S=searching for my dad’s name on the internet google. Found a list of Dividend Rejected List by Nepal investment banks in my dad’s name. Since we have a script for that bank. How do I claim it?

    I was S=searching for my dad’s name on the internet google. Found a list of Dividend Rejected List by Nepal investment banks in my dad’s name. Since we have a script for that bank. How do I claim it?


    How do I claim the rejected divided that was rejected a few years back?

    We bought the FPO of NIB a long time back at 601. I assume it was a cash dividend that they are not able to send to my dad’s account due to the remark “Missing Creditor Name”.

    Who do I contact regarding this situation?

    View on r/NepalStock by [deleted]

  • Chhimek Laghubitta Bittiya Sanstha Urges Shareholders to Claim Outstanding Dividends

    Chhimek Laghubitta Bittiya Sanstha Urges Shareholders to Claim Outstanding Dividends


    Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has recently issued a notice directed at its shareholders who have not yet received their rightful dividend payments. It has come to the company’s attention that even after a span of five years since the initial dividend distribution, some shareholders have not collected the dividends owed to them. To address this matter, CBBL is urging these investors to take action.

    To claim their outstanding dividends, shareholders who have not yet done so are required to present their share certificates and provide proof of their identity to the company’s share department. Additionally, they should submit copies of any necessary supporting documents. This procedure is essential for the shareholders to access their overdue dividend payments.

    Failing to comply with this request and neglecting to claim the dividends within the stipulated timeframe may result in legal consequences. In accordance with section 183 of the Companies Act, 2063, any uncollected dividends will be placed into the “Investor Protection Fund.” Therefore, it is in the best interest of the shareholders to promptly follow the outlined process and ensure they receive the dividends rightfully owed to them.

  • “Urgent Notice: Nepal SBI Bank and Mahalaxmi Bikas Bank Call on Shareholders to Claim Pending Dividends”

    “Urgent Notice: Nepal SBI Bank and Mahalaxmi Bikas Bank Call on Shareholders to Claim Pending Dividends”


     

    Nepal SBI Bank Limited (SBI) and Mahalaxmi Bikas Bank Limited (MLBL), along with their former entities (Century Commercial Bank Limited, Arniko Development Bank Limited, Innovative Development Bank Limited, Alpin Finance Limited, Sagarmatha Finance, and Seti Finance Limited), have issued a notice to their respective shareholders regarding the retrieval of outstanding dividends that were approved in various general meetings.

    Despite a lapse of 5 years since the dividends were distributed, certain shareholders have yet to collect their entitled dividends from the banks. Shareholders who haven’t availed their dividends are required to submit their share certificates and valid identification to the share department of the respective company. This submission, accompanied by necessary document copies, is necessary to claim their outstanding dividends.

  • “Shareholders Urged to Claim Due Dividend by Nepal SBI Bank and Prabhu Bank”

    “Shareholders Urged to Claim Due Dividend by Nepal SBI Bank and Prabhu Bank”


     

    Nepal SBI Bank Limited (SBI) and Prabhu Bank Limited (MLBL), along with several former banks (Century Commercial Bank Limited, Arniko Development Bank Limited, Innovative Development Bank Limited, Alpine Finance Limited, Sagarmatha Finance, and Seti Finance Limited), have issued notices to their respective shareholders. The notices are aimed at facilitating the collection of outstanding dividends that were approved in various general meetings.

    Despite the passage of five years since the dividends were distributed, some shareholders have not yet claimed their entitled dividends from the banks. Shareholders who fall into this category are advised to visit the companies’ share departments. To claim their due dividends, they will need to provide their share certificate, proof of identity, and copies of necessary documents. This process ensures that all eligible shareholders can access the dividends they are owed.

     

  • “HBL and NIMB Call on Shareholders to Collect Pending Dividends”

    “HBL and NIMB Call on Shareholders to Collect Pending Dividends”


     

    Shareholders who have not yet collected dividends approved during the company’s annual general meetings (AGMs) are required to submit their share certificates and identification proof to Himalayan Capital Limited, located in Thamel, Kathmandu. This is necessary along with copies of relevant documents to claim the pending dividends. If this step is not taken, in accordance with section 183 of the Companies Act, 2063, the unpaid dividends will be placed into the “Investor Protection Fund”.

     

  • “Shareholders Urged to Claim Due Dividend by Mahalaxmi Bikas Bank and Everest Bank”

    “Shareholders Urged to Claim Due Dividend by Mahalaxmi Bikas Bank and Everest Bank”


     

    Mahalaxmi Bikas Bank Limited (MLBL) has announced a notice for shareholders of former entities (Malika Bikas Bank Limited, Mahalaxmi Finance Limited, Yeti Finance Limited, Siddhartha Finance Limited, and Valley Finance Limited) regarding uncollected dividends from past general meetings. If you haven’t received your dividend yet, you need to get in touch with the bank’s share registrar, Siddhartha Capital Limited, situated at Narayanchaur, Kathmandu. Alternatively, you can contact the bank’s share department for further details on claiming your outstanding dividends.

     

  • “Last Day to Claim Dividend: Citizen Investment Trust (CIT) Announces 26.3158% Dividend for Shareholders at 28th AGM”

    “Last Day to Claim Dividend: Citizen Investment Trust (CIT) Announces 26.3158% Dividend for Shareholders at 28th AGM”


    Citizen Investment Trust (CIT) has announced that today is the final day for shareholders to claim the proposed dividend.

    The company has scheduled its 28th Annual General Meeting (AGM) for the 31st of Ashad, 2080. The meeting will take place at the company’s head office in New Baneshwor, Kathmandu, commencing at 3 pm.

    Among the various agenda items, the AGM will approve a dividend of 26.3158% for the fiscal year 2078/79. This decision was made during a board of directors meeting on Baisakh 29. The proposed dividend includes 25% bonus shares and 1.3158% cash dividend (for tax purposes). The current paid-up capital of CIT is Rs 4,251,000,576. Additionally, the AGM will also involve the election of a director and the appointment of a representative to sign the decision book on behalf of the shareholders and directors.

    The book closure date for dividend entitlement is Ashad 19. Shareholders who hold shares until today are eligible to receive the dividend and can also participate in the AGM.