Nepal Reinsurance Company (NRIC) Calls AGM on Poush 22, When's the Book Closure for Dividend?

Nepal Reinsurance Company Limited (NRIC) has called its 6th AGM on 22nd Poush, 2078. The meeting will be held in Karki Banquet, Babar Mahal, Kathmandu, starting at 11 am that day.

Among other agendas, the AGM will endorse the 19% dividend for the fiscal year 2077/78. The meeting of the board of directors held on Ashad 07 had decided to distribute 16.5% bonus shares and 2.5% cash dividend for the fiscal year 2076/77. The paid-up capital of the company is Rs. 10 Arba. After dividend adjustment, it will be Rs. 11.65 Arba.

Poush 14 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM. The ordinary shares of NRIC closed at Rs. 1,131 yesterday.