Reminder! Last Day to Clinch Dividend Proposed by Nerude Laghubitta and Shikhar Insurance Company

Today is the last day to grab the dividend proposed by Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Shikhar Insurance Company Limited (SICL).

Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has called its 16th AGM on 28th Magh, 2079. The meeting will be held in Morang's Assembly Hall, Biratnagar-2, starting at 11 AM.

Among the other agendas, the AGM will endorse a 23.1579% dividend for the fiscal year 2078/79. The 299th meeting of the board of directors decided to distribute a 1.1579% cash dividend worth Rs. 69.47 Lakhs (Tax purpose) and a bonus dividend of 22% worth Rs. 13.20 Crores for the Fiscal Year 2078/79. The paid-up capital of the company is Rs. 60 Crores.

Similarly, Shikhar Insurance Company Limited (SICL) has called its 17th and 18th AGM on 25th Magh, 2079. The meeting will be held in the company's head office located at Thapathali, Kathmandu, starting at 11 AM that day.

Among the other agendas, the AGM will endorse a 16.8421% dividend worth Rs. 38.50 Crores for the fiscal year 2078/79. The 287th meeting of the board of directors held on Mangsir 29 decided to distribute the dividend on the paid-up capital of Rs. 2.28 Arba. 16% bonus shares worth Rs 36.57 Crores and 0.8421% cash dividend (including bonus shares tax purposes) worth Rs 1.92 Crores have been proposed.

The book closure date for both companies is on Magh 17. Thus, shareholders maintained before till today are entitled to the dividend payout and can also attend the respective AGMs.