Last Chance to Collect Unclaimed Dividends from Nepal SBI Bank

Nepal SBI Bank Ltd. has published an important notice for its shareholders and investors. The notice is about collecting or claiming unclaimed dividends and rights amounts that have remained unpaid for the past five years.

What Is the Notice About?

Some shareholders have not claimed the cash dividends or rights issue amounts declared by the bank for various fiscal years (from 2075/76 to 2079/80 B.S.). This includes:

• Dividends from the bank’s initial public offering (IPO)

• Dividends from further public offerings (FPO)

• Rights share refunds

• Sales proceeds of fractional shares

• Other company-related financial entitlements

If any shareholder has not collected these amounts within five years of declaration, they are now requested to take action before it is too late.

Legal Provision

According to Section 182 (1) and 189 (1) of the Companies Act, 2063, if the unclaimed amount remains uncollected for more than five years, the bank must transfer it to the Investor Protection Fund. After this transfer, shareholders will not be able to claim the amount from the bank.

What Should Shareholders Do?

Shareholders or investors who haven’t claimed their dividends or refund amounts must:

1. Visit the bank’s website: https://nsbl.statebank

2. Check the list of unclaimed dividends and refunds.

3. Submit a claim request with the necessary documents to receive the amount before the final deadline.

The bank has already published detailed information on the website mentioned above.

Notice Form SBI: Last Chance to Collect Unclaimed Dividends from Nepal SBI Bank

Where to Contact?

To claim the uncollected amount, shareholders must contact the bank’s share registrar:

Nepal SBI Merchant Banking Ltd.
Lazimpat, Thamel, Kathmandu
Phone: 01-4542983, 4545960
Website: https://nsmbil.com.np

They are handling the share-related services on behalf of Nepal SBI Bank Ltd.

Final Reminder

This is a final opportunity to collect any pending dividend or refund amount. If not claimed within the given time frame, the right to receive it will be lost permanently.