Reminder! Last Day to Clinch Dividend Proposed by HEI, PICL and SMFBS

Today is the last day to grab the dividends proposed by Himalayan Everest Insurance Limited (HEI), Prudential Insurance Company Limited (PICL) and Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS).

Himalayan Everest Insurance Limited (HEI) has called its 29th AGM on 29th Chaitra, 2079. The meeting will be held in the Baneshwor Banquet, Thapagaun, starting at 11 AM that day.

Among the other agendas, the AGM will endorse a 2.89% dividend for the fiscal year 2078/79. The 297th meeting of the board of directors held on Poush 26 decided to distribute the dividend on the paid-up capital of Rs. 2.23 Arba. 2.75% bonus shares and 0.14% cash dividend have been proposed. Thus, the bonus shares are worth Rs. 6.15 crores, and the cash dividend is worth Rs. 32.42 lakhs.

Similarly, Prudential Insurance Company Limited (PICL) has called its 21st AGM on 16th Chaitra, 2079. The meeting will be held in Diyalo Lords Plaza, Birgunj, Parsa, starting at 12:30 PM that day.

Among the other agendas, the AGM will endorse a 3.5% dividend for the fiscal year 2078/79. The board of directors meeting decided to distribute the dividend on the paid-up capital of Rs. Rs. 1.18 Arba. 3.325% bonus shares worth Rs. 3.94 crores and 0.175% cash dividend worth Rs. 20.75 lakhs have been proposed. The cash dividend includes the tax amount levied on the dividend.

Likewise, Swabhimaan Laghubitta Bittiya Sanstha Limited (SMFBS) has called its 6th AGM on 11th Chaitra, 2079. The meeting will be held in Darcy's International Hotel, Butwal, starting at 11 AM that day.

Among the other agendas, the AGM will endorse a 21.0526% dividend worth Rs. 2.56 Crores for the fiscal year 2078/79. The meeting of the board of directors held on Magh 11 decided to distribute the dividend on the paid-up capital of Rs. 12.17 Crores. 20% bonus shares and 1.0526% cash dividend (tax purposes) have been proposed. Thus, the bonus shares are a little over Rs. 2.43 crores and the cash dividend is worth a little over Rs. 12.81 lakhs.

Chaitra 03 is the book closure date for all 3 companies' AGMs. Thus the shareholders maintained till today are entitled to dividend payout and can attend the respective AGM.