Citizens Life Insurance Company Calls AGM on 18th Poush; To Endorse 20% Dividend

Summary

Citizen Life Insurance Company has called its 9th Annual General Meeting on 18th Poush, 2082 in Kathmandu to endorse a 20% dividend for fiscal year 2081/82.

Key Points
  • Citizen Life Insurance Company (CLI) has scheduled its 9th AGM for 18th Poush, 2082 at Amrapali Banquet, Kathmandu.
  • A 20% cash dividend for the fiscal year 2081/82 has been proposed to be endorsed at the AGM.
  • The company’s paid-up capital currently stands at Rs. 5 Arba, with the dividend payout including tax worth Rs. 1 Arba.
  • The AGM will also approve the auditor’s report and financial statements and appoint a new auditor for FY 2082/83.
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