Kathmandu. Siddhartha Premier Insurance has deposited its cash dividend in the bank account of its shareholders. As per the proposal of distributing 25 percent cash dividend approved by the 32nd Annual General Meeting (AGM) held on January 12, the company has transferred the cash dividend to the bank accounts of its shareholders from NMB Capital Limited, Baluwatar, Kathmandu on Tuesday.
The cash dividend amount has been deposited in the same account of the shareholders remaining till the closing date of the AGM.
Shareholders who have not yet dematerialized or have not dematerialized their shares by opening a beneficiary account will be able to deposit cash dividend in the same bank account after updating their bank account details in the beneficiary account as soon as possible.
Shareholders who have already dematerialized their shares but have not updated their bank account in the beneficiary account will be credited their cash dividend to the same account as soon as possible.
As per the rules of the concerned bank or financial institution, any fee is levied while depositing cash dividend in the bank account, the shareholders have to bear the same fee. The company has also requested the shareholders to update their new account numbers in the beneficiary account as soon as possible as the account numbers of the shareholders who have the account numbers of the banks and financial institutions to be merged after the merger will be changed by the date of the closure of the shares.
