National Life Insurance book close tomorrow; Last day to secure the bonus share
March 14, 2019 | Investopaper
Today is the last day to purchase the shares of National Life Insurance and secure 13.50 percent stock dividend. Investors holding shares until today will be eligible to participate in the upcoming Annual General Meeting (AGM).
National Life Insurance(NLICL) has announced its 30th AGM to be held on Chaitra 15, 2075. The meeting will take place at National Life Bhawan, Lazimpat. The time has been scheduled for 10:30 AM.
The AGM will endorse a 13.50 percent bonus share and Rs. 1.89 crores cash dividend for tax purpose from the profit of fiscal year 2073/74.
For the purpose of AGM, the shareholders’ registration will remain closed from Chaitra 1 to Chaitra 15,2075.
Based on the unaudited second quarter of F.Y. 2075/76. the company has a paid up capital of Rs. 2.65 arba and reserve of Rs. 95.52 crores. The life insurance fund stands at Rs. 23.71 arba. The net premium collection until second quarter is Rs. 2.98 arba.
