Prabhu Insurance Company (PRIN) Calls AGM, Book Closure on Chaitra 17 for 11.58% Dividend
Fri, Mar 18, 2022 11:03 AM on Latest, Dividend, Bonus & Rights, AGM/Special AGM, Book Closure,
Prabhu Insurance Company Limited (PRIN) has called its 26th AGM on 30th Chaitra, 2078. The meeting will be held in Prabhu Complex, Tinkune, Kathmandu, starting at 11 am that day.
Among other agendas, the AGM will endorse an 11.58% dividend for the fiscal year 2077/78. The 398th meeting of the board of directors held on Poush 29 decided to distribute the dividend on the paid-up capital of Rs. 1,16,19,02,328. 11% bonus shares worth slightly over Rs 12.78 crores and 0.57% cash dividend (including tax) worth Rs 67.26 lakhs have been proposed.
Chaitra 17 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, PRIN has an LTP of Rs. 820.
