Nepal Insurance Company Calls AGM on Poush 29; To Endorse 6.3158% Dividend

Summary

Nepal Insurance Company Limited will hold its 77th AGM on Poush 29, 2082, to endorse a 6.3158% cash dividend for FY 2081/82 and approve financial and audit reports.

Key Points
  • Nepal Insurance Company Limited (NICL) has scheduled its 77th Annual General Meeting on Poush 29, 2082, at Tribhuvan Army Officers' Club, Kathmandu.
  • The AGM will endorse a 6.3158% cash dividend for the fiscal year 2081/82, amounting to Rs. 16.09 Crores based on a paid-up capital of Rs. 2.54 Arba.
  • The board decided on Poush 03 to distribute the cash dividend including tax purposes from the company's paid-up capital.
  • The AGM will also approve the auditor's report, financial statements, cash flow reports, and appoint an auditor for the fiscal year 2082/83.
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