Lumbini General Insurance proposed 10 percent dividend; 5 percent bonus shares and 5 percent cash
Kathmandu, April 16
Lumbini General Insurance Company Ltd. has proposed to distribute dividend to the shareholders from the last FY profit. A meeting of the company’s board of directors held on Baisakh 2 proposed to distribute the dividend
The company has proposed to distribute a total of 10 percent dividend. Where there will be 5 percent bonus shares and 5 percent cash dividend for tax purposes. The proposal will be received by the shareholders after it is approved by Beema Samiti and passed by the next general meeting of the company.