NLG Insurance Calls AGM to Endorse Dividend and Elect Board Members, When's the Book Closure?
Wed, Mar 9, 2022 10:39 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
NLG Insurance Company Limited has called its 16th AGM on 17th Chaitra, 2078. The meeting will be held in Amrapali Banquet, Baluwatar, Kathmandu, starting at 10: 30 am that day.
Among other agendas, this AGM will endorse a 10.5263% dividend for the fiscal year 2077/78. The 345th meeting of the board of directors held on Magh 13 decided to distribute the dividend on the paid-up capital of Rs. 1,20,60,13,050. 10% bonus shares worth a little over Rs. 12.06 crores and 0.5263% cash dividend (for tax purposes) worth Rs. 63.47 lakhs have been proposed.
The paid-up capital after dividend adjustment will be Rs. 1,32,66,14,355. This AGM will also elect two board members from the public shareholders.
Books will be closed on Chaitra 06. Thus, investors maintained before that today are entitled to the dividend payout and can also attend the AGM.
