Siddhartha Bank Begins Direct Payout of 10 Percent Cash Dividend to Shareholders

16th October 2026, Kathmandu

Siddhartha Bank Limited has initiated the direct electronic transfer of a 10 percent cash dividend into the bank accounts of eligible shareholders following approval at its 25th Annual General Meeting.

Siddhartha Bank Divident Payout 

Cash Dividend Disbursement Schedule and Assembly Approvals

The commercial bank began releasing dividend payouts immediately following the formal ratification of its annual profit distribution proposals during its general assembly.

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• Annual General Meeting Ratification: Siddhartha Bank Limited successfully held its 25th Annual General Meeting (AGM) on Ashwin 28, 2083 (October 14, 2026), where shareholders formally approved a combined dividend proposal.
• Approved Dividend Structure: The general assembly endorsed a total dividend payout consisting of a 10 percent bonus share distribution and a 10 percent cash dividend.
• Disbursement Commencement Date: The direct bank account deposit of the cash dividend payout began on Ashwin 28, 2083 (October 14, 2026).
• Beneficiary Account Eligibility: Cash dividends are automatically credited to dematerialized (DEMAT) account holders whose valid bank account details were updated in their Beneficiary Owner (BOID) records prior to the formal book closure date.

Share Dematerialization, Bank Account Updates, and Loan Collateral Rules

Siddhartha Bank issued procedural instructions for physical certificate holders, unlinked bank accounts, and pledged share collateral.

• Advisory for Missing Bank Details: Shareholders who have not yet updated their bank account numbers within their DEMAT profiles are urged to contact their respective Depository Participants (DP) immediately to complete record updates.
• Dematerialization Requirement for Physical Share Certificates: Shareholders holding physical paper share certificates must first convert their holdings into dematerialized form through a registered Depository Participant; cash dividends and bonus shares will be credited only after successful dematerialization.
• Pledged Share Collateral Protocol: For shareholders who pledged their bank shares as loan collateral with banks or financial institutions through Ashwin 15, 2083, cash dividends will be released to their bank accounts only upon receipt of an official No Objection Certificate (NOC) from the respective lending institution.

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