NLG Insurance Calls AGM to Endorse Dividend and Elect Board Members, When’s the Book Closure? – |

NLG Insurance Company Limited has called its 16th AGM on 17th Chaitra, 2078. The meeting will be held in Amrapali Banquet, Baluwatar, Kathmandu, starting at 10: 30 am that day.

Among other agendas, this AGM will endorse a 10.5263% dividend for the fiscal year 2077/78. The 345th meeting of the board of directors held on Magh 13 decided to distribute the dividend on the paid-up capital of Rs. 1,20,60,13,050. 10% bonus shares worth a little over Rs. 12.06 crores and 0.5263% cash dividend (for tax purposes) worth Rs. 63.47 lakhs have been proposed.

The paid-up capital after dividend adjustment will be Rs. 1,32,66,14,355. This AGM will also elect two board members from the public shareholders.

Books will be closed on…