Himalayan General Insurance proposes distribution of 10.50% dividend; 5% bonus shares and 5.5% cash dividend including tax

Thu, Jan 2, 2020 1:15 PM on Dividend, Bonus & Rights, Latest,

The 247th BOD meeting of Himalayan General Insurance (HGI) held on Poush 15, 2076 has decided that the company will distribute 10.50% dividend out of the profits of FY 75/76 for the shareholders of the company.

The company will endorse distribution of 5% bonus shares worth Rs.5.13 Crore and 5.50% cash dividend (including tax) worth Rs.5.64 Crore in its upcoming AGM.

The current paid up capital of the company stands at Rs.1.02 Arba.