11 Companies to Hold Annual General Meetings Today, Propose Dividends

Today, 29th of Poush, 2082, 11 companies listed in the capital market are holding their Annual General Meetings (AGMs). These companies will pass proposals related to dividends and other matters. The companies include those from the microfinance, insurance, life insurance, hydropower, and energy sectors.

The details of the companies holding their AGMs today are as follows:

1. Chhimek Microfinance Financial Institution Ltd.: Proposing 12.5% bonus shares and 12.5% cash dividend.

2. Siddhartha Premier Insurance Ltd.: Proposing 25% cash dividend.

3. Sagarmatha Lumbini Insurance Company Ltd.: Proposing 15% cash dividend.

4. Reliable Nepal Life Insurance Ltd.: Proposing 12% cash dividend.

5. Jeevan Vikas Microfinance Financial Institution Ltd.: Proposing 14% bonus shares and 0.7368% cash dividend.

6. Kutheli Bukhari Small Hydropower Ltd.: Proposing 10% bonus shares and 0.5236% cash dividend.

7. Nepal Insurance Company Ltd.: Proposing 6.3158% bonus shares.

8. Shikhar Insurance Company Ltd.: Proposing 6% bonus shares and 0.3158% cash dividend.

9. Global IME Microfinance Financial Institution Ltd.: Proposing 4.75% bonus shares and 0.25% cash dividend.

10. Prabhu Mahalaxmi Life Insurance Company Ltd.: Proposing 4% bonus shares and 4.421% cash dividend.

11. Ape Power Company Ltd.: Proposing 5% bonus shares and 0.2632% cash dividend.

The AGMs for these companies will be held at various locations from 11 AM to 2:30 PM. Additionally, each company has specified its book close dates.