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AHPC Distributes 8% Bonus Shares and Dividend Worth Rs. 21.11 Crores, Encourages Shareholders to Dematerialize Shares 3
Dividend

AHPC Distributes 8% Bonus Shares and Dividend Worth Rs. 21.11 Crores, Encourages Shareholders to Dematerialize Shares

Arun Valley Hydropower Development Company Limited (AHPC) has recently given out 8% bonus shares to its shareholders. The bonus shares were distributed directly to the DEMAT accounts of the shareholders. AHPC has also encouraged its shareholders to dematerialize their shares. Dematerialization refers to the process of converting physical shares into electronic format. During the 25th

Mahalaxmi Bikas Bank paid a cash dividend of 6.47% to shareholders. 17
Dividend

Mahalaxmi Bikas Bank paid a cash dividend of 6.47% to shareholders.

Mahalaxmi Bikas Bank Limited (MLBL) has delivered 6.47% cash dividends straight to its shareholders’ bank accounts and asked them to dematerialize their shares. On Poush 29, 2079, the firm had its 21st AGM for the fiscal year 2078/79.  The board of directors approved a 10.47% dividend for fiscal year 2078/79.  The 548th board of directors meeting, held on Poush 01, resolved to issue a dividend of 10.47% of the Fiscal Year 2078/79.  Similarly, a cash dividend of 6.47% and bonus shares of 4% were proposed from the Rs. 4.01 Arba paid-up capital.  The same cash dividend is now being paid out.  

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