Grab shares of Nepal Insurance Company till today to claim 5% bonus shares; AGM to be held on Chaitra 21, 2076

Today is the last trading day in NEPSE to grab dividend of Nepal Insurance Company Limited (NICL). The company will be convening its 71st AGM on Chaitra 21, 2076 at Airport Hotel, Sinamangal, Kathmandu from 11 AM onwards. The book closure for the same is on Chaitra 04, 2076. Therefore, shareholders maintained on Chaitra 03, 2076 i.e. today will be eligible for the meeting and the dividend.

The company has proposed 5% bonus shares worth Rs.5.47 Crore and 2.89% cash dividend worth Rs.3.17 Crore for tax purposes. The proposal has been approved by Beema Samiti and will be approved by the AGM.

The current paid-up capital of NICL stands at Rs.1.09 Arba, which after adjusting bonus will reach Rs.1.14 Arba.