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Sanima Reliance Life Insurance Announces 10.1780% Cash Dividend

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NEPSE TRADING

Sanima Reliance Life Insurance Announces 10.1780% Cash Dividend

Kathmandu — Sanima Reliance Life Insurance Company Limited has announced a cash dividend for its shareholders.

A meeting of the company’s Board of Directors held on December 15 (Mangsir 29) decided to distribute a cash dividend of 10.1780 percent of the company’s current paid-up capital from the accumulated profit of the previous fiscal year. The dividend amount includes applicable taxes.

According to the company, the dividend will be distributed to shareholders only after receiving approval from the Nepal Insurance Authority and following endorsement at the company’s upcoming Annual General Meeting.

The company stated that the dividend proposal reflects its stable financial performance and commitment to safeguarding shareholder interests.

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