Himalayan General Insurance revises dividend proposal; Proposes 4% bonus and 3.75% cash dividend
Wed, Feb 5, 2020 12:15 PM on Dividend, Bonus & Rights, Latest, Stock Market,
Himalayan General Insurance (HGI) has revised its proposed dividend percentage. Previously, it had proposed 5% bonus and Rs 5.50% cash dividend.
The 249th Board Meeting held on Magh 21, 2076 has proposed the following dividend. The dividend details are:
Current paid-up capital: Rs 1.02 arba
Bonus shares: 4% worth Rs 4.10 crore
Cash dividend: 3.75% worth Rs 3.85 crore
Paid-up capital after adjustment: Rs 1.06 arba
The proposal is subject to approval from the 26th AGM of the company.
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