Himalayan General Insurance (HGI) Calls AGM; When's the Book Closure for 6.75% Dividend?

Himalayan General Insurance Company Limited (HGI) has called its 27th AGM on Jestha 28, 2078. The AGM will be held in the company's central office in Thapagaon, Kathmandu, starting at 11 am that day.

Among other agendas, the AGM will endorse the dividend for the fiscal year 2076/77. The 261st meeting of the board of directors held on Falgun 03 has proposed a 6.75% dividend from the paid-up capital maintained as of Ashad's end, 2077. The paid-up capital as of Ashad's end, 2077 was Rs. 1,06,82,88,000. Since 3% bonus shares and 3.75% cash dividend are distributed, the bonus shares are worth Rs. 3,20,48,700 and the cash dividend is worth Rs. 4,00,60,800.

Jestha 13 is declared the book closure date for the AGM. Thus, investors maintained before that day are entitled to the dividend and can also attend the AGM. Books will be closed from Jestha 13 to Jestha 28, 2078.