National Life Insurance Company Limited (NLICL) has called its 33rd AGM on 29th Falgun, 2078. The meeting will be held in the company’s central office in Lazimpat, Kathmandu, starting at 10: 30 am that day.
Among other agendas, the AGM will endorse a 20% dividend for the fiscal year 2076/77. The 461st meeting of the board of directors held on Magh 12 decided to distribute the dividend on the paid-up capital of Rs. 3,39,08,89,203. 19% bonus shares and 1% cash dividend have been proposed. Thus, the bonus shares are worth Rs. 64,42,68,949 and the cash dividend is worth Rs. 3,39,08,892. The cash dividend has been proposed for the tax amount on bonus shares.
Furthermore, this AGM will also elect 3 board members from…
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