Asian Life Insurance Company Limited (ALICL) has distributed a 2% cash dividend directly to the bank accounts of its shareholders.
The 13th AGM of the company held on 21st Magh, 2078 endorsed a 27% dividend for the fiscal year 2076/77. The meeting of the board of directors held on Kartik 30 decided to distribute the dividend on the paid-up capital of Rs. 2.01 Arba. 25% bonus shares worth slightly over Rs. 50.26 crores and 2% cash dividend (for tax purposes) worth slightly over Rs. 4.02 crores have been proposed.
Magh 12 was the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout.
Agricultural Development Bank Limited (ADBL) has also distributed a 20% bonus share…
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