Asian Life Insurance Company (ALICL) Calls AGM on Ashwin 13 to Endorse 15.26% Dividend, When's the Book Closure?
Thu, Sep 8, 2022 10:38 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Asian Life Insurance Company Limited (ALICL) has called its 14th AGM on Ashwin 13. The meeting will be held in Hotel Classic Simara, Bara, starting at 11: 30 am that day.
Among other agendas, the AGM will endorse the 15.26% dividend for the fiscal year 2077/78. The 174th meeting of the board of directors held on Bhadra 22 decided to distribute the dividend on the paid-up capital of Rs. 2.53 Arba. 14.50% bonus shares worth Rs 36.82 crores and 0.76% cash dividend (including tax for bonus shares) worth Rs 1.93 crores have been proposed.
There is also an agenda to convert the shareholding ratio to 51: 49 from the pre-existing 60: 40.
Ashwin 04 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM. ALICL closed at Rs. 548 yesterday.
