Himalayan Everest Insurance Declares 8.75% Cash Dividend

Himalayan Everest Insurance Limited has announced a cash dividend of 8.75% (including tax) of its paid-up capital. The company currently has a paid-up capital of Rs. 2.50 billion, and it will distribute Rs. 218.76 million as dividends. To approve the dividend distribution, the company will hold its annual general meeting (AGM) on Falgun 27 at 11 AM at Anmol Banquet, Shankhamul, Kathmandu. Additionally, the company has set Falgun 15 as the book closure date, meaning only shareholders holding shares until Falgun 14 will be eligible to receive the declared dividend.