Deva Bikas Bank distributing 5.5% bonus share; investors who bought shares from Kartik 24, 2074 required to pay tax to get bonus share

Aug Fri 2019 09:55:47

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Deva Bikas Bank distributing 5.5% bonus share; investors who bought shares from Kartik 24, 2074 required to pay tax to get bonus share

Deva Bikas Bank Limited (DBBL) urges its shareholders to pay tax on the 5.5% bonus share. DBBL is distributing 5.5% bonus share from the profit of fiscal year 2074/75. Shareholders holding the share up to Ashad 5, 2076 are getting the bonus shares.

The shareholders are requested to deposit the tax amount in respective bank account and the amount can be deposited from any branches. Of those shareholders who have used their shares as collateral for loan will be receiving bonus only after receiving no objection letter from respective financial institutions. In addition, the company has also requested shareholders to dematerialize their shares to get their bonus share as soon as possible.

The detail of tax is available in company website www.devabank.com.np.