Agricultural Development Bank Urges Shareholders to Update Demat and Bank Details for Unclaimed Cash Dividend
30th October 2026, Kathmandu
Agricultural Development Bank Limited has issued a notice urging shareholders with long-pending cash dividends to update their bank and Demat account details to facilitate direct fund transfers.
ADBL Demat Update Urged
Dividend Retrieval Process and Key Directives
The bank clarified that cash dividends passed by various Annual General Meetings could not be credited to certain shareholders due to missing or un-updated bank account details.
Advertisement
- Demat Details Update: Shareholders with pending dividends are requested to contact their respective Depository Participants (DP) to dematerialize physical share certificates and update their bank account numbers in their Demat accounts.
- Error Correction via Share Registrar: Shareholders whose dividends failed to credit due to bank detail errors in Demat accounts can verify and correct their details on the website of the bank’s share registrar, NIMB Ace Capital Limited.
- Investor Protection Fund Provision: Dividends remaining unclaimed for more than five years will be transferred to the Investor Protection Fund as per applicable laws.
Contact Points and Support Locations
For further information and assistance regarding cash dividend distribution, shareholders can contact the following offices:
- Share Registrar: NIMB Ace Capital Limited, Central Office, Lazimpat, Kathmandu.
- Capital Branch Offices: Putalisadak, Lagankhel, Biratnagar, Birgunj, Pokhara, and Butwal.
- Bank Network: Any nearest branch of Agricultural Development Bank across Nepal.
For More: ADBL Demat Update Urged
