Today is the final day for shareholders to grab the 30% cash dividend proposed by Siddhartha Premier Insurance Limited (SPIL). The company has announced its 31st Annual General Meeting (AGM), scheduled for Falgun 15, 2081 (February 27, 2025). The meeting will take place at Lisara Receptions, Bhagwati Bahal, Kathmandu, starting at 10:30 AM.
Key Highlights of the AGM
- Dividend Distribution:
- The AGM will endorse a 30% cash dividend for the fiscal year 2080/81.
- The dividend, including tax, amounts to Rs. 84.19 crores.
- The decision was made during the 33rd Board of Directors Meeting held on Magh 21.
- Book Closure Date:
- The book closure date is Falgun 2.
- Only shareholders registered before today will be eligible for the dividend payout and can attend the AGM.
- Existing Paid-up Capital:
- SPIL’s current paid-up capital stands at Rs. 2.80 Arba.
How to Participate in the AGM
- Eligibility: Shareholders registered in the company’s records by today can attend the AGM and claim the dividend.
- Venue: The meeting will be held at Lisara Receptions, Bhagwati Bahal, Kathmandu, starting at 10:30 AM on Falgun 15, 2081.
- Documents Required: Shareholders must bring their share certificates or DEMAT account details along with a valid photo ID to participate.
Conclusion
Shareholders should act today to secure their 30% cash dividend from SPIL. With the AGM scheduled on 15th Falgun, 2081, and a significant dividend approved, SPIL is set to reward its investors. Ensure your shareholding is maintained by the book closure date on Falgun 2 to enjoy these benefits.