Prabhu Insurance Holds AGM Today to Approve 9.16% Dividend

Prabhu Insurance Holds AGM Today to Approve 9.16% Dividend

Prabhu Insurance Limited is holding its Annual General Meeting (AGM) today, Baisakh 9, 2083. The meeting is scheduled to begin at 11:00 AM at the company’s head office in Tinkune, Kathmandu.

The main agenda of the AGM is the approval of dividend distribution from the profits of fiscal year 2081/82. The company has proposed a total dividend of 9.1679 percent, including 8.7 percent bonus shares and 0.4679 percent cash dividend for tax purposes based on the current paid-up capital.

The proposed dividend will be distributed only after approval from the AGM.

For AGM purposes, the company had already closed its book on Chaitra 26. Accordingly, only those shareholders recorded as of Chaitra 25 are eligible to participate in the meeting and receive the proposed dividend.

This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.

 

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