Do Not Forget: Last Day to Grab Dividend of These Two Companies

Siddhartha Insurance Limited (SIL) has called its 19th AGM on 28th Jestha, 2078. The meeting will be held in the office hall of Siddhartha Insurance in Babar Mahal, Kathmandu. The AGM will commence at 11 am that day and will be streamed virtually to investors.

Among other agendas, the AGM will endorse the 15.78% dividend for the fiscal year 2076/77.

The meeting of the board of directors held on Chaitra 11 has proposed 12% bonus shares and 3.78% cash dividend from the paid-up capital for the fiscal year 2076/77. The dividend will be distributed from the paid-up capital of Rs. 1 Arba. Thus, the bonus shares amounting to Rs. 12 crores and cash dividend amounting to Rs. 3.78 crore will be distributed.

Jestha 14 is the book closure date. Thus, investors maintained before that day are entitled to the dividend payout and can also attend the AGM. 

Likewise, Lumbini General Insurance Limited (LGIL) has called its 16th AGM on Jestha 28. The meeting will be held virtually starting a 4 pm that day.

Among other agendas, the AGM will endorse the 10% dividend for the fiscal year 2076/77. The meeting of the board of directors held on Baisakh 02 has decided to distribute 5% bonus shares and 5% cash dividend (including the amount for tax purposes) from the paid-up capital. The bonus shares are worth Rs. 5,70,90,000 and the cash dividend is also worth Rs. 5,70,90,000.

The book closure date is declared on Jestha 14. Thus, investors maintained before that day are entitled to the dividend payout and can also attend the AGM.