IME Life Insurance Unveils Book Closure Date for its 26.3158% Dividend; Calls AGM on Jestha 28

IME Life Insurance Company Limited (ILI) has called its 7th AGM on 28th Jestha, 2081. The meeting will be held in Amrapali Banquet, Naxal, Kathmandu, starting at 11:00 AM that day.

Among the other agendas, the AGM will endorse a 26.3158% dividend for the fiscal year 2079/80. The 193rd Board of Directors meeting on Baishakh 21 has decided to distribute a 25% bonus share worth Rs. 1 Arba and a 1.3158% cash dividend (including tax) worth Rs. 5.26 crore.

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 2080/81. There is an agenda to elect one director from the public shareholding group.

The book closure date is on Jestha 14. Therefore, the shareholders maintained before that day are entitled to dividend payout, and can attend this AGM.

AGM Notice: