Sagarmatha Insurance convenes its 25th AGM; endorses 11% bonus shares to its shareholders
Thu, Jul 15, 2021 5:44 AM on Latest, AGM/Special AGM,
Sagarmatha Insurance has convened its 25th AGM for the FY 2076-77 under the leadership of its chairman Mr. Ramkrishna Manandhar on Asad 30, 2078.
The AGM has endorsed the board’s proposal to provide 11% bonus shares and 0.5789% cash dividend for taxation purposes, as per the media statement.
Amid the challenging times of the COVID crises, the insurance company had raised an insurance premium of Rs 2.25 Arba, earned a net profit of Rs 38.40 crore, as per the media statement.
