Basically, should the bank account in the demat account be of the demat account holder, or it can be of other person too?
View on r/NepalStock by ShoddyStreet677
Tag: demat
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Double demat account huda k huncha
Dui ota demant account cha vane k huncha eutai, manche ko ? Jun bata , apply garda ni huncha ? Ani duita collab garna milcha ?
View on r/NepalStock by Idiostine
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Book close date ko kati time pachi chai bonus share aafno demat maa aauxa?
Ma sanga SWMF ko 115 kitta share theyo book close date samma ma and tyesko 15% bonus share i.e 17 kitta share ajai ne demat ma aakai xaina
Book close date chai april 26 theyo.
View on r/NepalStock by Nawarajkarki
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What should I put in the “account holder map” section while opening online demat acc?
They rejected my account verification for this reason. Me and my friend put a screenshot of google map to the way of house to bank and they said to reupload it. I don’t understand what I’m supposed to do here.
View on r/NepalStock by anxiousxxx
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Easy way to track share purchases which are yet to be credited to Demat account
Is there an easy way to track share purchased which are not yet credited to demat account despite payment and everything done? I manage 4-5 account (of my immdieated family) and have been buing selling in small qtys (50-100 kitta) of different scrips and it has become impossoble for me to keep track. IMO meroshare should show it in My SHares section in pending demat column along with other balances it shows. A whole seprate section like EDIS is also most welcome.
View on r/NepalStock by masakkkali
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“Prabhu Capital Partners with Total Physical Fitness Centre to Offer 28% Discount to Demat Holders”
Prabhu Capital has entered into an agreement with Total Physical Fitness Centre to offer customers a 28% discount and a complimentary sauna coupon. This exclusive deal can be accessed by clients of the merchant bank by providing their demat service number. The Memorandum of Understanding (MoU) was formalized during a ceremony, involving Prabhu Capital’s CEO Mr. Aasis Gauchan and Total Physical Fitness Centre’s MD Mr. Suman Pandit, according to a media statement.
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National Microfinance Laghubitta Bittiya Sanstha Bonus Shares Distributed to Shareholders
National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) has recently distributed 15% bonus shares directly to the DEMAT accounts of its shareholders. The company has encouraged its shareholders to dematerialize their shares in order to facilitate the distribution process.
During the company’s 9th Annual General Meeting held on 15th Baisakh, a 15% dividend for the fiscal year 2078/79 was endorsed. The company proposed distributing a bonus dividend of 15% worth Rs. 8.80 Crores from the paid-up capital of Rs. 58.66 Crores.
It is important to note that the bonus shares have already been listed on the Nepal Stock Exchange (NEPSE), providing shareholders with the opportunity to trade them in the market. As of the latest update, the Last Traded Price (LTP) of NMFBS shares stands at Rs. 1,345.
By distributing bonus shares directly to shareholders’ DEMAT accounts, NMFBS aims to streamline the process and ensure that shareholders receive their entitled dividends efficiently. The company’s decision to distribute bonus shares reflects its commitment to rewarding shareholders and enhancing their value through increased ownership in the company.
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ADBL Distributes 2% Bonus Shares and Urges Shareholders to Dematerialize
Agricultural Development Bank Limited (ADBL) has recently taken steps to benefit its shareholders by distributing 2% bonus shares directly to their Demat accounts. To encourage a smoother and more convenient process, the bank urges shareholders to convert their physical shares into electronic form. By doing so, shareholders can easily manage and trade their shares online, aligning with the industry trend towards digitalization.
During the bank’s 16th Annual General Meeting held on the 14th of Chaitra, a 13% dividend for the fiscal year 2078/79 was approved. This decision reflects ADBL’s strong financial performance during that period. Additionally, during the 1000th meeting of the Board of Directors, held on Poush 26, it was decided to distribute the dividend based on the paid-up capital of Rs. 13.18 Arba. This distribution included a proposal for a 2% bonus share allocation and an 11% cash dividend.
The allocation of bonus shares allows ADBL to provide its shareholders with additional shares in proportion to their existing holdings. This serves as a way for the bank to share its success with its shareholders and enhance their investment value. The direct deposit of the bonus dividend into the Demat accounts further streamlines the process and offers convenience to shareholders.
In addition to the bonus shares, ADBL has proposed an 11% cash dividend on the paid-up capital of Rs. 13.18 Arba. This cash dividend distribution allows shareholders to receive a portion of the profits in cash, providing them with immediate financial returns. Moreover, the bank has also decided to distribute a 6% cash dividend specifically for Irredeemable Non-cumulative Preference Shares, ensuring that the holders of these shares also receive their fair share of the profits.
ADBL’s recent initiatives, such as the direct allocation of bonus shares and the proposed dividends, aim to reward and benefit its shareholders. By urging shareholders to dematerialize their shares, the bank embraces digitalization trends and facilitates smoother transactions and ownership transfers. Through these measures, ADBL seeks to enhance shareholder value and foster a positive relationship with its investor community.
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Salt Trading Corporation Limited (STC) Reports Nearly Doubled Net Profit in Third-Quarter Results
Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) has recently distributed 20% bonus shares directly to the DEMAT accounts of its shareholders. The company encouraged its shareholders to dematerialize their shares in order to receive the bonus shares smoothly.
During the 6th Annual General Meeting held on the 11th of Chaitra, the shareholders of SMFBS approved a dividend of 21.0526% amounting to Rs. 2.56 Crores for the fiscal year 2078/79. In a subsequent board of directors meeting on Magh 11, it was decided to distribute the dividend on the paid-up capital of Rs. 12.17 Crores. The proposed distribution plan included 20% bonus shares and 1.0526% cash dividend (for tax purposes).
Following these decisions, the bonus shares have now been deposited directly to the DEMAT accounts of the shareholders. This simplifies the process for shareholders to receive and manage their bonus shares electronically, without the need for physical share certificates.
By distributing the bonus shares to DEMAT accounts, SMFBS aims to facilitate a more efficient and secure method of shareholding for its investors. It encourages shareholders to embrace the dematerialization process and enjoy the benefits of holding their shares in electronic form.
Overall, the distribution of 20% bonus shares to the DEMAT accounts of shareholders reflects SMFBS’s commitment to rewarding its investors and promoting the modernization of shareholding practices. It provides shareholders with the opportunity to conveniently manage their bonus shares and participate in the company’s growth and future prospects.
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Jyoti Bikas Bank (JBBL) Distributes 3% Bonus Shares and Encourages Dematerialization
Jyoti Bikas Bank Limited (JBBL) has recently provided 3% bonus shares directly to the DEMAT accounts of its shareholders and has urged them to convert their physical shares into electronic form through dematerialization. The bank’s move aims to facilitate seamless share transactions and promote the modernization of shareholding processes.
During the bank’s 15th Annual General Meeting (AGM) held on the 14th of Falgun, a dividend of 6.80% amounting to Rs. 29.02 crores was endorsed for the fiscal year 2078/79. The dividend distribution decision was made during the 440th board of directors meeting on Poush 22. Based on the bank’s paid-up capital of Rs. 4,26,77,53,287, the proposed distribution includes 3% bonus shares valued at Rs. 12.80 crores and a 3.80% cash dividend (intended for tax purposes) totaling slightly over Rs. 16.21 crores. It is important to note that the bonus shares have already been listed on the Nepal Stock Exchange (NEPSE).
JBBL has also requested its shareholders to pay the applicable tax amount for the 11% bonus shares proposed during the fiscal year 2077/2078, including the cash dividend approved during the 15th AGM. Shareholders can find detailed information regarding the tax amount they are required to pay on the website of the share registrar, NIBL Ace Capital Limited.
By distributing bonus shares and emphasizing the dematerialization process, JBBL demonstrates its commitment to providing value to its shareholders and keeping up with technological advancements in the financial industry. The bank’s efforts aim to enhance efficiency, transparency, and convenience for its shareholders.
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Garima Bikas Bank Distributes 13% Bonus Shares and Endorses 14.5% Dividend for Fiscal Year 2078/79
Garima Bikas Bank Limited has distributed 13% bonus shares directly to the DEMAT account of its shareholders and has urged them to dematerialize their shares. This was announced after the bank’s 16th AGM where it also endorsed a 14.5% dividend worth Rs. 66.56 Crores for the fiscal year 2078/79. The board of directors meeting held later decided to distribute a 14.5% dividend on the paid-up capital of Rs. 4.59 Arba.
In addition to the bonus shares, 1.50% cash dividend worth Rs 6.88 Crores was proposed. The bonus shares were already listed in NEPSE. The bank has also requested its shareholders to pay the tax amount for the 16% bonus shares proposed for FY 2077/2078. The details of the tax amount that a shareholder has to pay can be found on the website of the share registrar NIBL Ace Capital Limited.
The bank’s decision to distribute bonus shares and dividends is expected to benefit its shareholders. The distribution of bonus shares will increase their ownership in the bank, while the dividend payment will provide them with a direct cash payment. The bank has also encouraged its shareholders to dematerialize their shares. This will facilitate electronic trading of shares, making it easier for shareholders to trade them in the secondary market.