LIC Nepal Will Not Distribute Dividend This  Year

September 8th, 2023

Kathmandu : LIC (Nepal) Limited has announced that it will not distribute dividend to the shareholders. It has announced that it will not distribute dividends to the shareholders from the profits of the fiscal year 2078/79 (2022 A.D).The meeting of the board of directors of insurance held on 1st of Sep has taken this decision. In addition to this, the meeting also decided to discuss the fiscal year 2078/79 (2022 A.D) balance sheet, profit and loss account and cash flow statement and submit it to the Nepal Insurance Authority for approval.

 

 

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