Himalayan Reinsurance Limited Calls AGM on Jestha 25; To Endorse 4.74% Dividend
Fri, May 16, 2025 10:31 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Himalayan Reinsurance Limited (HRL) has called its 4th AGM on 25th Jestha, 2082. The meeting will be held in the Nepal Pragya Pratisthan, Kamaladi, Kathmandu, starting at 11 am that day.
Among the other agendas, the AGM will endorse a 4.74% dividend for FY 2080/81. The 71st board of directors meeting on Baishakh 22 decided to distribute the dividend on the paid-up capital of Rs. 10.40 Arba. 4.5% bonus shares and 0.24% cash dividend (tax purposes) have been proposed. Thus, the bonus shares are worth Rs. 46.80 crores, and the cash dividend is worth Rs. 2.46 crores.
Furthermore, there is an agenda to endorse the auditor's report with PL statements, financial reports, and cash flow reports, appoint an auditor for the fiscal year 2081/82, and approve the appointment of directors.
Jestha 11 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can attend this AGM.
