SuryaJyoti Life Insurance Distributes 20 Percent Cash Dividend to Shareholders

Kathmandu – SuryaJyoti Life Insurance Company Limited has deposited the 20 percent cash dividend, approved during its general meeting on December 21, into the accounts of its shareholders. This includes the necessary tax deductions.

The company had earlier announced a book closure date on November 6, with the distribution applicable to shareholders who held shares until November 5. As of December 21, the approved dividends have been deposited into the respective demat and bank accounts of eligible shareholders.

SuryaJyoti Life has urged shareholders who have not yet dematerialized their shares or updated their demat accounts to complete these processes promptly. Additionally, shareholders who have pledged their shares as collateral for loans are required to provide a discharge letter confirming loan repayment.

Only after receiving the documentation, the will company transfer the dividend amounts to their bank accounts.