NLG Insurance AGM today to endorse 21 percent dividend

Tue, Feb 11, 2014 12:00 AM on AGM/Special AGM,

ShareSansar, February 11:

NLG Insurance Company Limited is holding its Annual General Meeting today.

The 8th AGM of the insurer being held at the Russian Center of Science & Culture, at Kamalpokhari, Kathmandu is due to endorse 11.05 percent cash dividend and 10 percent bonus share to its shareholders from the net profit it earned in the last fiscal year 2069/70.

NLG had posted a net profit of Rs 14.37 crore in the last fiscal year.