Prime Life calls out AGM on July 13

Jun 21, 2020 10:53 AM Merolagani

Prime Life Insurance (PLIC) has called out 12th AGM in Agrawal Bhawan, Kamalpokhari, Kathmandu on July 13 at 2:00 PM.

The meeting will endorse a proposal of distributing 12.5 percent stock and cash dividend of Rs 12.3 million to its shareholders.

In this regard, the company is closing its book from July 3, thus,  the shareholders registered in its book till July 2 will be eligible to attend the AGM and obtain the announced dividend.

Presently, the company has a paid-up capital of Rs 2.79 billion that will reach Rs 2.25 billion after the bonus share distribution.

comments powered by Disqus

Development Banks Record Minimal Degrowth

Apr 24, 2024 06:56 AM

The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.

Gold and Silver Price Decline

Apr 25, 2024 10:37 AM