National Life Insurance Company Unveils Book Closure Date for its 15% Dividend; Calls AGM on Ashadh 5
Thu, May 29, 2025 10:14 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
National Life Insurance Company Limited (NLICL) has called its 37th AGM on 5th Ashadh, 2082. The meeting will be held in the head office of the company located at Lazimpat, Kathmandu, starting at 10:30 am that day.
Among the other agendas, the AGM will endorse a 15% dividend for the fiscal year 2080/81. The 550th meeting of the board of directors held on Baishakh 31 decided to distribute dividends on the paid-up capital of Rs. 5.21 Arba. The proposal includes a 5% bonus share worth a little over Rs. 26.06 crores and a 10% cash dividend totaling Rs. 52.12 crores. Additionally, a 0.789473% cash dividend amounting to Rs. 4.11 crores has been proposed to cover the tax amount on the distributed bonus shares and cash dividend.
Furthermore, an agenda is to endorse the auditor's report with PL statements, financial reports, and cash flow reports, and appoint an auditor for the fiscal year 2081/82.
The book closure date is on Jestha 22. Therefore, the shareholders maintained before that day are entitled to the dividend payout and can attend this AGM.
