Last day to secure dividend of Premier Insurance

Jul 04, 2019 10:00 AM Merolagani

Today is the last day to secure dividend of Premier Insurance (PIC). the company is closing its book on July 5, thus, the shareholders registered in its book till July 4 will be eligible to attend the AGM and obtain the announced dividend.

Premier Insurance has called out its 25th AGM ON July 16 in Naxal Banquet, Naxal at 11:00 AM. The meeting will endorse a proposal of distributing 84 percent bonus share to its shareholders.

After the bonus share distribution, the paid-up capital of the company will reach Rs 1.07 billion.

The company also listed the merger/acquisition agenda for the upcoming AGM of the company.

Moreover, the meeting will also delegate authority to BOD to forward the merger/acquisition process with a suitable partner.

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Government Fails to Collect Targeted Revenue; Capital Expenditure Nears 70%

Jul 16, 2019 03:53 PM

The government has failed to collect targeted revenue in the current FY. As per the Office of Auditor General (OAG), the government collected 83.66 percent revenue till July 15, a day before the closing of the current FY.