Nepal Reinsurance Urges Shareholders to Claim Pending Cash Dividends
Kathmandu — Nepal Reinsurance Company Limited has called on its shareholders to claim their pending cash dividends before they are transferred to the Investor Protection Fund.
According to the company, as per regulatory provisions, any cash dividend approved by the annual general meeting but left unclaimed for over five years must be deposited into the Investor Protection Fund. In light of this, the company has urged shareholders who have not yet collected their entitled dividends to do so promptly.
Additionally, the company has requested shareholders to ensure that their shares are dematerialized.