Prabhu Insurance Dividend Alert: Last Day to Secure Your Payout!
Prabhu Insurance Limited shareholders, listen up! There’s exciting news regarding your dividends! The deadline to be eligible for the upcoming dividend distribution is fast approaching. Make sure you are a registered shareholder by July 1st to qualify for the announced dividend.
The Prabhu Insurance Limited board has set July 2nd as the book close date for its upcoming annual general meeting (AGM) and dividend distribution. This means that to be eligible for the dividend, you must own Prabhu Insurance shares as of July 1st. Don’t miss out!
What’s on the Table?
The company is planning to hold its 29th Annual General Meeting on August 8th. During this AGM, shareholders will vote on the proposed dividend of a total of 18.9474%. This dividend includes an impressive 18% bonus shares and a 0.9474% cash dividend. This is excellent news for current Prabhu Insurance shareholders looking to increase their investment portfolio.
In addition to the dividend, the AGM will also address other important matters. Shareholders will consider the annual report presented by the board of directors, alongside the auditor’s report, the balance sheet, profit and loss statements, and cash flow statements for the fiscal year 2080/81. They’ll also make decisions regarding the appointment and compensation of auditors for the upcoming fiscal year, 2081/82.
Important Changes to Note:
There will also be a special proposal to amend the previously approved right share offering. Initially set at 50.15%, the proposal now suggests a revised right share offering of 47%. Stay informed and attend the AGM to participate in these important decisions. Make sure to act quickly to secure your shares and take advantage of this promising dividend opportunity from Prabhu Insurance! This is a key moment for your investment strategy!
