Sanima GIC Insurance successfully concluded its 8th Annual General Meeting (AGM) at the Nepal Police Club in Kathmandu. During the meeting, the shareholders officially approved a dividend distribution comprising a 5% bonus share and a 0.2632% cash dividend for tax purposes, based on the company's paid-up capital of NPR 2.15 billion.
The AGM also provided a platform for the Board of Directors to address shareholder queries regarding the company's performance and future strategies. Additionally, shareholders authorized the Board to review the previously approved 17% rights share issuance plan to ensure it aligns with current market conditions and the company's capital requirements.
