Mahalaxmi Bikas Bank Limited (MLBL) successfully concluded its 20th Annual General Meeting under the theme “Sabal Bank, Safal Sahakarya” at Lainchaur Banquet in Kathmandu. The meeting, led by Mr. Rajesh Upadhyay, Chairman of the Bank’s Executive Committee, undertook a comprehensive review of the financial performance for the fiscal year 2079/80. This assessment included a thorough […]
Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) has recently declared the cancellation of dividend distribution for the Fiscal Year 2079/80. Initially, during the 8th board of directors meeting on Kartik 22, the company had proposed a distribution plan of 14.25% bonus shares and 0.25% cash dividend (for tax purposes) from the paid-up capital, which amounted
Nepal SBI Bank Limited (SBI) has initiated the distribution of dividends directly to the bank accounts of its shareholders, amounting to 10.55%. The decision was made during the 30th Annual General Meeting (AGM) for the fiscal year 2079/80, held on 13th Poush, 2080. The company’s board of directors, in its 506th meeting on Mangsir 01,
NEPSE, the Nepal Stock Exchange Limited, has decided to end the suspension on the trading of securities for Muktinath Bikas Bank Limited (MNBBL). This follows a temporary pause resulting from MNBBL’s delayed submission of information related to the dividend declaration for the fiscal year 2079/80. In an official statement, NEPSE disclosed that MNBBL failed to
On the 28th of Mangsir, 2080, Upper Tamakoshi Hydropower Limited (UPPER) successfully allocated 8,88,80,470 units of right shares to its shareholders. The company initiated the refund process for non-allotted investors starting from the 3rd of Poush, 2080. Upper Tamakoshi Hydropower Limited had conducted a 100% right shares offering, open from the 18th of Bhadra to
Pokhara Finance Limited (PFL) has announced its decision to refrain from distributing any dividends for the Fiscal Year 2078/79. The resolution was reached during the 526th Board Meeting held on Poush 5. Importantly, the Board of PFL has not put forth any proposals for cash dividends or bonus shares for the FY 2079/80. It is
Unilever Nepal Limited (UNL) has initiated the distribution of a 1580% cash dividend directly to the bank accounts of its shareholders starting from Poush, 2080. The company strongly encourages its shareholders to undergo the dematerialization process for their shares. The 30th Annual General Meeting (AGM) of Unilever Nepal for the fiscal year 2079/80 included the
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
NMB Bank Limited (NMB) has announced its decision to abstain from distributing dividends for the Fiscal Year 2079/80. The resolution was reached during the Board Meeting convened on Mangsir 13. It’s crucial to highlight that this decision is subject to the approval of the financial statements by the regulatory authority, Nepal Rastra Bank, and the
Sanima Bank Limited has successfully concluded its 19th Annual General Meeting (AGM) on October 19, 2023. Mr. Tuk Prasad Poudel, serving as the Chairman, presided over the AGM during which several significant decisions were made. Notably, the AGM approved the distribution of a 9% bonus share and a 5.70% cash dividend to the bank’s shareholders.
