Last day to secure dividend of Shine Resunga and Janaki Finance

Oct 01, 2018 Merolagani

Today is the last day to secure dividend of Shine Resunga Development Bank (SHINE) and Janaki Finance (JFC). Both companies are closing their book on October 2, thus, the shareholders registered in their respective books till today will be able to obtain the announced dividend.

Shine Resunga has proposed of distributing 17.70 percent stock and 0.93 percent cash dividend for tax purpose to its shareholders. The bank is conducting its 10th AGM on October 14 in Amrapali Cottage and Restaurant, Butwal at 10:30 AM.

The meeting will also approve proposals of amending MoA to increase issued capital and paid-up capital and delegate authority to the BOD to seek potential merger and acquisition partners.

After bonus distribution, its paid-up capital will reach Rs 1.62 billion.

Similarly, Janaki Finance has proposed of distributing 22 percent stock and 1.16 percent cash dividend for tax purpose. It is conducting its AGM on October 15 in Hotel Rama Pvt. Ltd, Janakpurdham at 9:00 AM.

The paid-up capital of Janaki Finance will reach Rs 492.1 million after bonus share distribution.


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