Reminder! Last Trading Day to Secure Dividend Proposed by NLICL, NLG and BARUN's Right Share

Today is the last day to grab the 15% dividend that National Life Insurance Company Limited (NLICL) proposed. The company called its 37th AGM on 5th Ashadh, 2082. The meeting will be held at the company's head office, located in Lazimpat, Kathmandu, starting at 10:30 am that day.

Among the other agendas, the AGM will endorse a 15% dividend for the fiscal year 2080/81. The 550th meeting of the board of directors held on Baishakh 31 decided to distribute dividends on the paid-up capital of Rs. 5.21 Arba. The proposal includes a 5% bonus share worth approximately Rs. 26.06 crores and a 10% cash dividend totaling Rs. 52.12 crores. Additionally, a 0.789473% cash dividend amounting to Rs. 4.11 crores has been proposed to cover the tax amount on the distributed bonus shares and cash dividend.

The book closure date is Jestha 22, 2082. Therefore, the shareholders who have maintained their shares until today are entitled to dividend payout and can attend this AGM.

Similarly, Today is the last day to grab the 2.631579% dividend that NLG Insurance Company Limited (NLG) proposed. The company 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.

The book closure date is Jestha 22, 2082. Therefore, the shareholders who have maintained their shares until today are entitled to dividend payout and can attend this AGM.

And, Today is the last trading day in NEPSE to be eligible to get the right shares of Barun Hydropower Company Limited (BARUN).

The company will be issuing 100% right shares worth Rs. 53.58 Crores through the issue of 5,358,150 (1: 1) units of right shares to its existing shareholders. The current paid-up capital is Rs. 53.58 Crores. After the adjustment of the proposed right share, i.e., 5,358,150 units, the company's paid-up capital will increase to Rs. 1.07 Arba.

RBB Merchant Banking Limited is appointed as the issue manager.

The book closure date is 22nd Jestha, 2082. Thus, investors who maintained before that day can apply for the shares.