NMB Bank distributing 10% cash dividend warrants from Jan 1

NMB Bank Limited is distributing cash dividend warrants to its shareholders from today.The dividend warrants can be collected from the bank’s RTS NMB Capital at Babarmahal from 10:00 AM to 2:30 PM from Sunday through Thursday and from 10:00 AM to 1:00 PM on Friday.

The commercial bank last month had proposed 15 percent cash dividend to its shareholders from the net profit it posted in the last fiscal year 2069/70.But the central bank did not endorse the proposed dividend and asked NMB not to include the profit of its subsidiary, NMB Capital Limited and to provision that amount.

Matribhumi Bikas Bank distributing advice slip and refunding money of IPO

Matribhumi Bikas Bank Limited is distributing advice slip and refunding money to the non-allottees who had invested in its IPO.On December 27, Matribhumi’s IPO was allotted flatly at 19.33 percent. As the IPO was oversubscribed by five percent, those who applied up to 40 units were placed under the lottery.

There were 2,047 applicants, mostly from the locals of Sindhuli where the bank is based, according to the issue manager Civil Capital Markets. And there were 245 applications from big and institutional investors for 1.54 lakh unit equity shares.

Kabeli Bikas Bank issuing 11:4 rights shares from January 24

Kabeli Bikas Bank Limited is issuing 80,000 units of ordinary rights shares of face value Rs 100 from January 24 at 11:4 ratio.The rights issue being managed by Elite Capital Limited will remain open till February 23.

It may be noted here that as the development bank has already announced book closure from December 20, only those who held shares of the bank till poush 5 are eligible for the rights shares.-SSN

Sanima Mai hydropower distributing IPO share certificates from JAN 1

Sanima Mai Hydropower Limited is distributing IPO share certificates from today, two months after the allotment of the primary shares.

The allotment of IPO equity shares of Sanima Mai Hydropower Limited had taken place on November 1.

The 21.1 lakh unit of the IPO issue by the hydropower company was oversubscribed by 31 times, according to the issue manager, NIDC.

Arun Valley Hydropower rights shares within Magh

The much overdue rights shares of Arun Valley Hydropower Development Company Limited (AHPC) will be issued within the month of Magh.

The fourth Annual General Meeting of the hydropower developer held two years back had endorsed rights shares at 1:1 ratio.