Siddhartha Premier Insurance Distributes 30% Cash Dividend to Shareholders

Kathmandu – Siddhartha Premier Insurance Limited has started distributing a 30% cash dividend (including tax) to its shareholders from February 27, following approval at its general meeting on the same day.

The company had closed its book on February 14 for the purpose of the general meeting and dividend distribution. Based on this, only shareholders who held shares until February 13 are eligible for the dividend.

The company has urged shareholders to update their bank details in their Demat accounts to ensure smooth transactions. Additionally, those who have pledged their shares as collateral for loans must submit a No Objection Certificate (NOC) or a Release letter from their respective financial institutions to receive the dividend.

NMB Capital Limited serves as the share registrar for Siddhartha Premier Insurance.