Kathmandu, June 20, 2025 - National Life Insurance Company Limited conducted its 37th Annual General Meeting (AGM) at its Lazimpat office under the leadership of Chairperson Prema Rajya Laxmi Singh. The meeting approved a total dividend of 15%, with 10% allocated as cash dividends and 5% in bonus shares. This move elevates the company’s paid-up capital to over NPR 5.47 billion.
The AGM reviewed and endorsed the financial reports of the fiscal year, appointed auditors, and approved amendments to official documents aimed at bolstering capital growth. In a significant development, five directors were elected unanimously, reflecting shareholder confidence in the company’s leadership.
Chairperson Singh addressed the meeting, emphasizing the company’s commitment to timely AGMs and ensuring strong returns for its investors. She reiterated the importance of transparency and leadership stability in driving the company’s growth trajectory.
The company announced that the book closure date for dividend eligibility is set for June 5, 2024. Singh further outlined plans to enhance operational efficiency and strengthen shareholder value in the coming years.
The AGM underscored National Life Insurance’s focus on sustainable growth and its dedication to maintaining leadership in Nepal’s insurance sector.
