IME Life Insurance Unveils Book Closure Date for its 21.05% Cash Dividend; Calls AGM on Falgun 25
Sun, Feb 16, 2025 10:11 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
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IME Life Insurance Company Limited (ILI) has called its 8th AGM on 25th Falgun, 2081. The meeting will be held in Diyo Mahal, Dhumbarahi, Kathmandu, starting at 11:00 AM that day.
Among the other agendas, the AGM will endorse a 21.05% cash dividend for the fiscal year 2080/81. At the board of directors meeting, the board decided to distribute a 21.05% cash dividend. The cash dividend is worth Rs. 1.05 Arba. The existing paid-up capital of ILI is Rs. 5 Arba.
Furthermore, an agenda is to endorse the auditor's report with PL statements, financial reports, and cash flow reports and appoint an auditor for the fiscal year 2081/82.
The book closure date is on Falgun 15. Therefore, the shareholders maintained before that day are entitled to dividend payout, and can attend this AGM.