Gurans Life Insurance (GLICL) Calls AGM to Endorse Dividend, When's the Book Closure?

Gurans Life Insurance Company Limited (GLICL) has called its 11th AGM on Mangsir 10, i.e. November 26. The meeting will be held in the company's central office in Tinkune, Kathmandu, starting at 11 am that day.

Among other agendas, the AGM will endorse the dividend for the fiscal year 2075/76. The 173rd meeting of the board of directors held on 2078-04-24 has proposed 5.5004174% bonus shares and 0.28949566% cash dividend for the fiscal year. This will be distributed on the paid-up capital of Rs. 1,97,85,84,600.

Kartik 23 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.

As of writing, GLICL has an LTP of Rs. 623.