Siddhartha Insurance (SIL) Proposes 15.7895% Dividend for Fiscal Year 2077/78

Siddhartha Insurance Limited (SIL) has proposed a 15.7895% dividend for the fiscal year 2077/78.

The 182nd meeting of the board of directors held on Magh 18 decided to distribute the dividend on the paid-up capital of Rs. 1.12 Arba. 15% bonus shares worth Rs 16.80 crores and 0.7895% cash dividend (for tax) worth slightly over Rs 88.42 lakhs have been proposed.

The dividend will be distributed only after approval by Beema Samiti and endorsement by the company's upcoming AGM. As of writing, SIL has an LTP of Rs. 990.

Dividend History