Do Not Forget: Last Day Before Book Closure to Get 10.5263% Dividend of NLG Insurance Company
Wed, Mar 16, 2022 11:22 AM on Dividend, Bonus & Rights, Latest,
NLG Insurance Company Limited has called its 16th AGM on 17th Chaitra, 2078. The meeting will be held in Amrapali Banquet, Baluwatar, Kathmandu, starting at 10: 30 am that day.
Among other agendas, this AGM will endorse a 10.5263% dividend for the fiscal year 2077/78. The 345th meeting of the board of directors held on Magh 13 decided to distribute the dividend on the paid-up capital of Rs. 1,20,60,13,050. 10% bonus shares worth a little over Rs. 12.06 crores and 0.5263% cash dividend (for tax purposes) worth Rs. 63.47 lakhs have been proposed.
The paid-up capital after dividend adjustment will be Rs. 1,32,66,14,355. This AGM will also elect two board members from the public shareholders.
Books will be closed on Chaitra 06. Since today is the last trading day before the book closure date (NEPSE will remain close tomorrow on occasion of Holi), investors maintained till today are entitled to the dividend payout and can also attend the AGM.
