NLG Insurance and Samata Gharelu Laghubitta Bittiya Sanstha Limited have commenced the distribution of this year’s bonus shares. Both companies announced on Monday that bonus shares have started being credited to shareholders’ beneficiary accounts following their listing on the Nepal Stock Exchange (NEPSE). NLG Insurance has credited 4% bonus shares, while Samata Gharelu Laghubitta has credited 5% bonus shares to their respective shareholders.
NLG Insurance had approved the bonus shares at its Annual General Meeting (AGM) held on Poush 30, 2082. The bonus shares were credited to the beneficiary accounts of shareholders who had completed dematerialization of their shares by Poush 21, 2082. For shareholders who had pledged their shares as collateral for loans by Poush 21, the bonus shares were blocked at the respective bank or financial institution and will be released once the loan is fully repaid. The company’s share registrar is RBV Merchant Banking Limited.
Similarly, Samata Gharelu Laghubitta also approved a 5% bonus share at its AGM on Poush 30, 2082. The shares were credited to the beneficiary accounts of shareholders who had completed dematerialization by Poush 17, 2082. Bonus shares for shareholders who had pledged shares as loan collateral are currently blocked at the respective financial institutions and will be released after loan repayment. Samata Gharelu Laghubitta’s share registrar is also RBV Merchant Banking Limited.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
