Gurans Life Insurance proposes dividend for F.Y 2075/76

9th Aug, 2021 | Tourism Mail Crew

KATHMANDU, Aug 09: Gurans Life Insurance Company Limited has proposed dividend for the fiscal year 2075/76. A meeting of the company's Board of Directors on Sunday proposed a 5.79 percent dividend.

The proposed dividend includes bonus shares equal to Rs. 1086.65 thousand 400, which is equivalent to 5.5 percent of the company's current paid-up capital from the accumulated profits up to FY 2075/76, and there is a cash dividend of Rs. 57.19 million 231.57 which will be 0.29 percent for tax purposes.

The company has stated that the proposed dividend will be distributed after the approval of the Insurance Committee and after the approval of the next annual general meeting.