Reminder! Last Day to Grab Dividend Proposed by Himalayan Reinsurance Limited
Thu, May 22, 2025 8:55 AM on Dividend, Bonus & Rights, AGM/Special AGM, Book Closure, Latest,
Today is the last day to grab the 4.74% dividend that Himalayan Reinsurance Limited (HRL) proposed. The company called its 4th AGM on 25th Jestha, 2082. The meeting will be held in the Nepal Pragya Pratisthan, Kamaladi, Kathmandu, starting at 11 am that day.
Among the other agendas, the AGM will endorse a 4.74% dividend for FY 2080/81. The 71st board of directors meeting on Baishakh 22 decided to distribute the dividend on the paid-up capital of Rs. 10.40 Arba. 4.5% bonus shares and 0.24% cash dividend (tax purposes) have been proposed. Thus, the bonus shares are worth Rs. 46.80 crores, and the cash dividend is worth Rs. 2.46 crores.
The book closure date is Jestha 11, 2082. Therefore, the shareholders who have maintained their shares until today are entitled to dividend payout and can attend this AGM.
