10% Dividend by Lumbini General Insurance (LGIL)

10% dividend has been proposed by Lumbini General Insurance (LGIL) for the fiscal year 2076/77.

The board of directors held their meeting on Baisakh 02 and decided to distribute 5% bonus shares i.e. Rs. 5,70,90,000 and 5% cash dividend worth Rs. 5,70,90,000 (including taxes) from the paid-up capital.

Furthermore, AGM endorsement and approval of the dividend by the Beema Samiti are required before the dividend will be distributed.