Reminder: Last Day to Grab 15.26% Dividend of Asian Life Insurance Company (ALICL)

Today is the last day to grab dividend proposed by Asian Life Insurance Company Limited.

Asian Life Insurance Company Limited (ALICL) has called its 14th AGM on Ashwin 13. The meeting will be held in Hotel Classic Simara, Bara, starting at 11: 30 am that day.

Among other agendas, the AGM will endorse the 15.26% dividend for the fiscal year 2077/78. The 174th meeting of the board of directors held on Bhadra 22 decided to distribute the dividend on the paid-up capital of Rs. 2.53 Arba. 14.50% bonus shares worth Rs 36.82 crores and 0.76% cash dividend (including tax for bonus shares) worth Rs 1.93 crores have been proposed.

There is also an agenda to convert the shareholding ratio to 51: 49 from the pre-existing 60: 40.

Ashwin 04 is the book closure date. Thus, shareholders maintained till today are entitled to the dividend payout and can also attend this AGM. The ordinary shares of ALICL closed at Rs. 547 yesterday.