Lumbini General Insurance urges shareholders to collect uncollected cash dividend

Lumbini General Insurance Company Limited (LGIL) has urged its shareholders to collect cash dividends provided by the company. As per the notice published by the company today, The insurance company has urged investors to collect their uncollected cash dividends (5% & 5.2%) for the FY 2064/65 and FY 2065/66, at the company’s share registrar Ace Capital Limited, Laldurbar, Kathmandu. As per the provision set by Office of Company Registrar, the cash dividend will be transferred in Investors Conservation Fund if the uncollected dividend due surpasses 5 years. Afterward, the cash dividend can only be received from Company Registrar's office. Recently, LGIL 100% right share has been added in Securities Board of Nepal (SEBON) pipeline for approval. Lumbini General Insurance has earned net profit of Rs 7.68 crore in the second quarter of the fiscal year 2073/74 as per unaudited report. Its paid up capital stands at Rs 39 crore.