Last Day to Grab 7% bonus shares/dividend of NLG Insurance Company Limited (NLG)

Today is the last day to grab the dividend of NLG Insurance Company Limited (NLG).

The company has proposed Rs. 7,17,25,500 worth of bonus shares to its investors. This is 7% of the company's existing paid-up capital. Furthermore, a 0.37% cash dividend will also be distributed for tax purposes. The book closure date is declared on Kartik 25. Thus, only the investors maintained till today, i.e. Kartik 24 are entitled to the dividend payout.

Furthermore, Kartik 25 is also the book closure date for the company's upcoming AGM. The 14th AGM will be held via a webinar online. Investors willing to participate in the AGM will be provided access credentials. The AGM will be organized on 4th Mangsir, i.e. November 20, starting from 10 am. Investors must be shareholders of the company by today to participate in the AGM.