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Monday, November 29, 2021
    Nepal Stock ExchangeRight | Bonus | DividendPrime Life Insurance (PLIC) AGM,

    Prime Life Insurance (PLIC) AGM,

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    The Prime Life Insurance Company Limited (PLIC) has scheduled its 14th Annual General Meeting (AGM) on Mangsir 19, at 2 p.m.

    The AGM will also approve a 15.87 percent dividend for the fiscal year 2076/77, among other items on the agenda. The board of approved a proposal for 15 percent bonus shares and a 0.87 percent cash dividend (for tax purposes) from the paid-up for the fiscal year 2076/77, according to the minutes of the meeting. In terms of paid-up capital, the company has a total of Rs. 2,41,70,57,023. This results in a total market value of Rs. 362 585 554 (bonus shares) and a total cash dividend value of Rs. 1,90 82029 (cash dividend).

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    Mangsir 10 is the date on which the book will closed. As a result, shareholders who had their accounts in good standing before that date are eligible for the dividend payout and are also welcome to attend the AGM.

    As of this writing, the company’s LTP stands at Rs. 898.10 (Rs. 898.10).

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