National Life Insurance Company Calls AGM on Bhadra 07; Announces Book Closure Date for 14% Dividend

National Life Insurance Company Calls AGM on Bhadra 07; Announces Book Closure Date for 14% Dividend

 On Bhadra 7, 2081, National Life Insurance Company Limited (NLICL) summoned for its 36th Annual General Meeting. That day, at 10:30 a.m., the meeting would begin in the company's head office in Lazimpat, Kathmandu.


The AGM will approve a 14% dividend for the fiscal year 2079–2080, among other agenda items. The board of directors resolved to issue the Rs. 5.01 Arba dividend on the paid-up capital at its 526th meeting, which took place on Ashadh 27. Proposed are 10% cash dividend (including tax) of Rs 50.11 crores and 4% bonus shares worth just over Rs 20.04 crores.

Appointing an auditor for the fiscal year and endorsing the auditor's report containing PL statements, financial reports, and cash flow reports are also on the agenda.

Shrawan 24 is the date of the book closure. As a result, those shareholders who were registered before to that date are eligible to receive dividend payments and to attend this AGM.

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