National Life Insurance Announces Date for 37th AGM

Kathmandu – National Life Insurance Company Limited has scheduled its 37th Annual General Meeting (AGM) for Asad 5, 2082 (June 19, 2025) at 10:30 AM at its central office in Lazimpat, Kathmandu.

The key agenda of the meeting includes the approval of a 10 percent cash dividend and 5 percent bonus shares based on the current paid-up capital of Rs. 5.21 billion. The company has also proposed to adjust 0.789473 percent from the cash dividend to cover the applicable dividend tax.

Alongside dividend approval, the AGM will endorse the annual report for the previous fiscal year, review the auditor’s report and other financial statements, and appoint an auditor for the current fiscal year, including the determination of their remuneration.

Other proposals include increasing the company’s paid-up capital, ratifying past expenditures, and authorizing the board of directors to make necessary amendments to the company’s memorandum and regulations.

The AGM will also elect three directors from the promoter group ‘Class A’ and two from the general shareholders’ group ‘Class B’.

For the purpose of dividend distribution and AGM participation, the company has announced a book closure on Jestha 22 (June 5). Only shareholders registered with NEPSE as of Jestha 21 (June 4) will be eligible to attend the meeting and claim the declared dividend.