Thus, the shareholders registered in its book till August 8 will be eligible to attend the AGM and obtain the announced dividend.
The company proposed of distributing 7.5 percent stock dividend to its shareholders. Although, the company had announced of distributing Rs 4 million as cash dividend for tax purpose, the Insurance Board declined the proposal, thus, the shareholders are required to pay taxes by themselves.
The company is conducting its AGM on August 25 in Airport Hotel , Sinamangal, Kathmandu at 11:00 AM.
