Gurans Life Insurance Company Calls 12th AGM to Endorse 7.8342% Dividend; When's the Book Closure?

Gurans Life Insurance Company Limited (GLICL) has called its 12th AGM on 4th Kartik, 2079. The meeting will be held in company's head office located at Tinkune, Kathmandu, starting at 11 am that day.

Among other agendas, the AGM will endorse a 7.8342% dividend for the fiscal year 2076/77. The 191th meeting of the board of directors held on Ashwin 12 decided to distribute the dividend on the paid-up capital of Rs. 2.08 Arba. 7.4425% bonus shares and 0.3917% cash dividend have been proposed. Thus, the bonus shares are worth Rs. 15.51 crores, and the cash dividend is worth Rs. 81.64 lakhs. The cash dividend has been proposed for the tax amount on bonus shares.

Ashwin 26 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.