Shikhar Insurance to Skip Dividend from FY 2079/80

February 18, 2024 | Investopaper

Shikhar Insurance Company Limited (SICL) has completed the final audit of the company for the fiscal year 2079/80.

Approving the financial report of the FY 2079/80, the board meeting has decided not to distribute any dividend to the shareholders.

The report will be sent to Nepal Insurance Authority for the approval.

As of Ashad’s end 2080 BS, Shikhar Insurance has a paid-up capital of Rs 265.49 crores.

From the previous fiscal year 2078/79, SICL had distributed a 16.8421 percent dividend, including a 16 percent bonus share.

Suggested Readings:

Dividend History Of Shikhar Insurance Company Limited (SICL)

Shikhar Insurance’s Performance In FY 2079/80


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