Sagarmatha Insurance (SIC) Calls AGM on Baisakh 28, When's the Book Closure for 21.05263% Dividend?

Sagarmatha Insurance Company Limited (SIC) has called its 25th AGM on 28th Baisakh, 2079 and has published its financial highlights of fiscal year 2077/78. The meeting will be held in Lainchaur Banquet, Kathmandu starting at 10: 30 am that day.

Among other agendas, the AGM will endorse a 21.05263% dividend for the fiscal year 2077/78. The 310th meeting of the board of directors held on Falgun 12 decided to distribute the dividend on the paid-up capital. 20% bonus shares and 1.05263% cash dividend have been proposed. The cash dividend has been proposed for the tax amount on bonus shares. The paid up capital of the company will be Rs 133.35 crore upon adjustment of this bonus shares.

Baisakh 16 is the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout and can also attend this AGM.

AGM notice with annual financial highlights