Insurance

ALICO Proposes 5% Cash Dividend for FY 2079/80 Pending Regulatory Approva 1
Dividend

ALICO Proposes 5% Cash Dividend for FY 2079/80 Pending Regulatory Approva

Sagarmatha Lumbini Insurance Company Limited (SALICO) has put forward a proposal to issue a 5% cash dividend for the fiscal year 2079/80. The decision to distribute this dividend was made during the 18th meeting of the board of directors held on Falgun 14. The proposed cash dividend is based on the existing paid-up capital of […]

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Sun Nepal Life Insurance Proposes Dividend and Right Shares 3
Dividend

Sun Nepal Life Insurance Proposes Dividend and Right Shares

  Sun Nepal Life Insurance Company Limited (SNLI) plans to distribute a dividend of 25.0526% and offer 27% right shares for the fiscal year 2079/80. Following their 99th Board of Directors meeting on Falgun 11, they’ve decided on a 23.8% bonus share valued at Rs. 76.16 crores and a 1.2526% cash dividend worth Rs. 4.00 […]

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SuryaJyoti Life Insurance Company Holds Dividend for FY 2079/80 and Unveils Merger Details 5
Dividend

SuryaJyoti Life Insurance Company Holds Dividend for FY 2079/80 and Unveils Merger Details

SuryaJyoti Life Insurance Company Limited (SJLIC) recently announced its decision to refrain from distributing dividends for the Fiscal Year 2079/80. This resolution emerged from discussions during the Board of Directors’ meeting held on Falgun 10, 2080, where comprehensive financial details of the fiscal year were deliberated. A notable development mentioned in the announcement is the […]

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Last Day for Dividend: Siddhartha Premier Insurance & Swarojgar Laghubitta 7
Dividend

Last Day for Dividend: Siddhartha Premier Insurance & Swarojgar Laghubitta

  Today marks the deadline to claim the 11% cash dividend offered by Siddhartha Premier Insurance Limited (SPIL). The company has scheduled its 30th Annual General Meeting (AGM) for the 30th of Falgun, 2080. This gathering will take place at Lisara Receptions, Bhagwati Bahal, Kathmandu, commencing at 11:00 a.m. During the 19th Board of Directors […]

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United Ajod Insurance Limited's 30th AGM: Dividend Approval, Financial Reports, and New Board Elections Unveiled 9
Dividend

United Ajod Insurance Limited’s 30th AGM: Dividend Approval, Financial Reports, and New Board Elections Unveiled

United Ajod Insurance Limited (UAIL) held its 30th Annual General Meeting on Sunday, 6th Falgun, 2080, at Anmol Banquet, Shankhamul, Kathmandu. The meeting covered various key agenda items, including the approval of annual reports from the Management Committee, the financial performance for the fiscal year 2079/80, and the audit reports of former Ajod Insurance Ltd. […]

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Last Day for HRL and Asian Life Insurance Dividend Grab 11
Dividend

Last Day for HRL and Asian Life Insurance Dividend Grab

Today marks the deadline to avail the 5.789% dividend offered by Himalayan Reinsurance Limited (HRL). The company has scheduled its 3rd Annual General Meeting (AGM) for 20th Falgun, 2080, to be held at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, starting at 11:00 AM. In the 55th board meeting held on Magh 25, it was decided […]

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Shikhar Insurance: No Dividend for FY 2079/80 13
Dividend

Shikhar Insurance: No Dividend for FY 2079/80

  Shikhar Insurance Company Limited (SICL) has announced that it won’t be paying dividends for the Fiscal Year 2079/80. This decision came after the 322nd Board Meeting held on Falgun 04, 2080. However, the financial statements are pending approval from the Nepal Insurance Authority and will be discussed further in the upcoming Annual General Meeting. […]

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Star Micro Insurance Calls AGM to Discuss IPO Issuance Agenda 15
IPO | FPO

Star Micro Insurance Calls AGM to Discuss IPO Issuance Agenda

Star Micro Insurance Company Limited has scheduled its inaugural Annual General Meeting (AGM) for the 27th of Falgun, 2080, at its Registered Office on Durbarmarga, Kathmandu, commencing at 11:00 AM. The AGM’s agenda encompasses the approval of the company’s annual report, endorsement of the auditor’s report for the fiscal year 2079/80, including Profit and Loss […]

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Siddhartha Premier Insurance's 30th AGM: Dividend and Election Key Agendas 17
Dividend

Siddhartha Premier Insurance’s 30th AGM: Dividend and Election Key Agendas

Siddhartha Premier Insurance Limited (SPIL) has scheduled its 30th Annual General Meeting (AGM) for the 30th of Falgun, 2080. The AGM will take place at Lisara Receptions, Bhagwati Bahal, Kathmandu, starting at 11:00 a.m. On the agenda is the endorsement of an 11% cash dividend for the fiscal year 2079/80, totaling Rs. 30.87 crores, as […]

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NICL's Investment Income Boosts Net Profit Growth by 232.33%; EPS Reaches Rs. 60.55 19
Business | Market | Economy

NICL’s Investment Income Boosts Net Profit Growth by 232.33%; EPS Reaches Rs. 60.55

Nepal Insurance Company Limited (NICL) has released its report for the second quarter of fiscal year 2080/81, showing a significant rise in net profit by 232.33%. The company earned a net profit of Rs. 49.77 crores compared to Rs. 14.97 crores in the same quarter of the previous fiscal year. Moreover, NICL has also increased […]

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