Siddharth Premier Insurance to Distribute 25% Cash Dividend

Siddharth Premier Insurance Limited (SPIL) has announced a cash dividend distribution from the profit of the last financial year for its shareholders.

The company has decided to distribute a cash dividend at the rate of 25% of its paid-up capital (including tax purposes). This decision was made during a meeting of the company's board of directors held on December 25.

The dividend will be distributed after receiving approval from the Nepal Insurance Authority and being passed at the upcoming Annual General Meeting (AGM).