KATHMANDU, APRIL 06
NIBL Sahabhagita Fund (NIBLSF), an open ended fund sponsored by Nepal Investment Bank Ltd and managed by NIBL Ace Capital Ltd has informed its unit holders regarding its 'Dividend Re-Investment Plan' as per a media release.
Under this plan, the unit holders who wish to utilise the said plan can reinvest their eligible cash dividends in units of NIBLSF,
The participant will get units of NIBLSF which equals to their eligible cash dividend (after deduction of applicable taxes and transaction cost).
Further, unit holders who register their name before book closure will only be eligible for Dividend Re-Investment Plan for dividend that will be announced in current fiscal or upcoming fiscals.
A version of this article appears in the print on April 07, 2021, of The Himalayan Times.