Nepal SBI Bank Limited (SBI) and Mahalaxmi Bikas Bank Limited (MLBL), along with their former entities (Century Commercial Bank Limited, Arniko Development Bank Limited, Innovative Development Bank Limited, Alpin Finance Limited, Sagarmatha Finance, and Seti Finance Limited), have issued a notice to their respective shareholders regarding the retrieval of outstanding dividends that were approved in various general meetings.
Despite a lapse of 5 years since the dividends were distributed, certain shareholders have yet to collect their entitled dividends from the banks. Shareholders who haven’t availed their dividends are required to submit their share certificates and valid identification to the share department of the respective company. This submission, accompanied by necessary document copies, is necessary to claim their outstanding dividends.