Prabhu Mahalaxmi Life Announces Dividend

Aug 25, 2024 10:42 AM Merolagani



Prabhu Mahalaxmi Life Insurance has announced dividend of the FY 2079/80.

The board of directors meeting of the company held on August 23 decided to proposed 10 percent stock and 0.526 percent cash dividend to its shareholders.

the proposed dividend is subjected to approval from Nepal Insurance Authority and its upcoming AGM.

Moreover, the meeting proposed of issuing 7 percent right shares of the paid-up capital maintained after the bonus share distribution.




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