IME Life Proposes 10.52632% Cash Dividend — Rs. 52.63 Crore Payout

What the board decided

At the 232nd board meeting held on Mangsir 25, ILI’s directors agreed to distribute a 10.52632% cash dividend. This equals a total payout of Rs. 52.63 Crores, which the company says will benefit its shareholders directly.

Company capital and payout details

IME Life’s current paid-up capital stands at Rs. 5 Arba. The proposed dividend of Rs. 52.63 Crores reflects the company’s intent to share profits as shareholder returns while maintaining a healthy capital base.

Approvals required

The dividend is now subject to two formal steps: approval from the Nepal Insurance Authority and confirmation at the Annual General Meeting (AGM). Only after these approvals will the cash be released to eligible shareholders.

Where the stock stands today

At the time of writing, IME Life shares are closed at Rs. 472.00. Investors will watch the regulator’s decision and the AGM for the final green light.

Why this matters

This move is important for anyone tracking insurance company dividend news Nepal, financial news Nepal, or searching for IME Life dividend updates. A declared cash dividend signals management’s confidence in the firm’s earnings and can attract both short-term and long-term investors.

Quick facts (at a glance)

• Company: IME Life Insurance Company Limited (ILI)
• Dividend proposed: 10.52632% cash dividend
• Amount: Rs. 52.63 Crores
• Paid-up capital: Rs. 5 Arba
• Board meeting: 232nd meeting on Mangsir 25
• Pending approvals: Nepal Insurance Authority, AGM
• Share price (closed): Rs. 472.00

Dividend history

Past dividend records help investors track consistency and payout trends. For detailed dividend history of IME Life, check company filings and market disclosures ahead of the AGM.

Closing note

If you follow insurance dividends, shareholder returns, or stock updates in Nepal, this announcement from IME Life is worth noting. Stay tuned for the Nepal Insurance Authority’s decision and the final AGM outcome.