NLG Insurance Company Limited Calls AGM on Jestha 29; To Endorse 2.631579% Dividend
Sun, May 18, 2025 9:58 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
NLG Insurance Company Limited (NLG) has called its 19th AGM on 29th Jestha, 2082. The meeting will be held in the Amrapali Banquet, Bhatbhateni, Kathmandu, starting at 11 am that day.
Among the other agendas, the AGM will endorse a 2.631579% dividend for FY 2080/81. The 474th board of directors meeting held on Baishakh 26 decided to distribute the dividend on the paid-up capital. 2.5% bonus shares worth a little over Rs. 6.25 crores and 0.131579% cash dividend (for tax purposes) worth Rs. 32.92 lakhs have been proposed.
Furthermore, there is an agenda to endorse the auditor's report with PL statements, financial reports, and cash flow reports, appoint an auditor for the fiscal year 2081/82, and discuss the meeting allowances of directors.
Jestha 22 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can attend this AGM.
