Sanima Reliance Life Insurance Distributes 8% Cash Dividend to Shareholders

Kathmandu – Sanima Reliance Life Insurance Limited has distributed an 8% cash dividend to its shareholders, following approval from the company’s eighth annual general meeting held on Chaitra 8 (March 21). The dividend amount has been directly deposited into the respective bank accounts of eligible shareholders.

The company had its book closure on Falgun 26 (March 10) for the purpose of the general meeting. Consequently, only those shareholders who remained on record until Falgun 25 (March 9) have received the declared dividend.

Furthermore, shareholders who have taken loans by pledging their shares will also receive the dividend upon submitting a no-objection certificate (NOC) or a loan release letter from the respective bank or financial institution from which the loan was obtained.

Sanima Capital Limited serves as the share registrar for Sanima Reliance Life Insurance Limited.