Today is the last day to grab the 10.5263% dividend of NLG Insurance Company Limited. The company has called its 15th AGM on 21st Shrawan, 2078. The meeting will be held in the company's registered office in Panipokhari, Kathmandu, starting at 10 am that day.
Among other agendas, the AGM will endorse the proposed 10.5263% dividend for the fiscal year 2076/77. The meeting of the board of directors held on Jestha 17 decided to distribute 10% bonus shares and 0.5263% cash dividend (amount for tax purposes) from the paid-up capital. The bonus shares are worth Rs. 10,96,37,550 and the cash dividend is worth Rs. 57,70,397.
After dividend adjustment, the issued and paid-up capital of the company will be Rs. 1,20,60,13,050.
Shrawan 14 is the book closure date. Investors maintained before that day are entitled to the dividend payout and can also attend the AGM.