IME General Insurance (IGI) Proposes 7.37% Dividend for FY 2077/78

IME General Insurance Limited (IGI) has proposed a 7.37% dividend for the fiscal year 2077/78.

The 112th meeting of the board of directors held on Falgun 05 decided to distribute the dividend on the paid-up capital of Rs. 1,15,75,86,000.

7% bonus shares and 0.37% cash dividend have been proposed. Thus, the bonus shares are worth Rs. 8,10,31,020 and the cash dividend is worth Rs. 42,64,790.53. The cash dividend has been proposed for the tax amount on bonus shares.

The dividend will be distributed only after approval by Beema Samiti and endorsement by the company's upcoming AGM. IGI closed at Rs. 775 today.

Dividend History