Shivam Cements Limited has informed that the 2.5 percent bonus shares declared for its shareholders have already been deposited into their respective beneficiary (demat) accounts. The bonus distribution was approved during the company’s 10th Annual General Meeting (AGM) held on Mangsir 25.
According to the company, shareholders who held shares in dematerialized (demat) form as of the book closure date for the AGM have had their bonus shares credited to their beneficiary accounts starting from Falgun 5.
For shareholders still holding shares in physical form, the company clarified that bonus shares will be automatically credited to their demat accounts once the dematerialization process is completed. The company has urged such shareholders to complete the dematerialization process as soon as possible.
For further information regarding the bonus shares, shareholders may contact the company’s share registrar, Siddhartha Capital Limited, located at Narayanchaur, Naxal, Kathmandu.
Additionally, the company has requested shareholders who have not yet received cash dividends from previous fiscal years to verify and update their bank account details in their beneficiary accounts to facilitate payment.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
