IME Life Insurance AGM Dividend Approval
8th January 2026, Kathmandu
IME Life Insurance Company Limited successfully conducted its 9th Annual General Meeting (AGM) on Poush 24, 2082 (January 8, 2026), at Diyo Mahal, Dhumbarahi, Kathmandu. Chaired by Dr. Ram Hari Aryal, Chairman of the Board of Directors, the assembly served as a platform to showcase the company’s robust financial health and its dedication to returning value to its investors.
IME Life Insurance AGM
The meeting saw the presence of a significant number of shareholders, company executives, and representatives from regulatory bodies, all of whom endorsed the strategic direction taken by the insurance leader for the upcoming fiscal year.
Key Agenda: Approval of 10.52632% Cash Dividend
The primary highlight of the 9th AGM was the unanimous approval of the proposal to distribute a 10.52632% cash dividend. This dividend is calculated based on the company’s current paid-up capital of 5 billion rupees, translating to a total payout of approximately 526.31 million rupees. The dividend includes the applicable taxes, ensuring a seamless net transfer to the shareholders’ bank accounts.
Key Eligibility and Book Closure Details:
Dividend Rate: 10.52632% (Cash)
Total Payout Amount: 52.63 Crore Rupees
Book Closure Date: Poush 11, 2082
Eligibility Criteria: Shareholders who purchased or held shares by the end of trading on Poush 10, 2082, are entitled to the dividend and were eligible to attend the AGM.
Financial Performance and Strategic Growth
Dr. Ram Hari Aryal presented the annual report for the fiscal year 2081/82, highlighting a period of sustained growth despite a challenging macroeconomic environment in Nepal. The company has successfully transitioned its business model to focus on high-yield endowment and child-centric insurance products, which have significantly bolstered its premium collection.
According to the latest Q1 report for the current fiscal year 2082/83:
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Net Profit: The company posted a net profit of 158.31 million rupees in the first quarter, a steady increase compared to the previous year.
Total Assets: The insurance fund and total assets have grown to exceed 22.16 billion rupees.
EPS and Book Value: The annualized Earnings Per Share (EPS) stands at 12.67 rupees, with a net worth per share of 137.41 rupees.
Shareholders expressed satisfaction with the company’s ability to maintain a double-digit dividend payout while simultaneously strengthening its catastrophe reserves and insurance fund, which now stands at 14.49 billion rupees.
Governance, Audit, and Regulatory Compliance
The AGM officially endorsed the appointment of the statutory auditor for the fiscal year 2082/83 and determined their remuneration. Furthermore, the board was granted full authority to make necessary amendments to the company’s Memorandum of Association and Articles of Association. This flexibility is crucial for complying with the evolving directives of the Nepal Insurance Authority (NIA), especially regarding minimum capital requirements and digital payment mandates.
Corporate Social Responsibility (CSR) and Community Impact
As a member of the prestigious IME Group, the company reaffirmed its commitment to social empowerment. The AGM approved various expenditures incurred under the CSR category during the last fiscal year. Under the leadership of CEO Pawan Kumar Khadka, the company has integrated CSR into its core operations, focusing on insurance literacy, supporting orphaned children through the IME Foundation, and contributing to health awareness programs in remote districts of Nepal.
Future Outlook: Digital Transformation and Market Reach
Looking ahead, IME Life Insurance aims to become the “first choice” for the insured by leveraging technology. The company plans to expand its digital wallet integration via IME Pay, making premium payments and policy renewals more accessible to rural populations. Additionally, the company is focusing on “Mission 2084,” an initiative to integrate insurance education into the national school curriculum to foster a culture of financial security from a young age.
Conclusion
The successful conclusion of the 9th AGM of IME Life Insurance Limited marks a year of maturity and financial resilience. By securing a 10.53% cash dividend, shareholders have seen a tangible return on their investment, while the company’s strategic shift toward digital transformation and specialized life products ensures long-term sustainability. With a strong management team and the backing of the IME Group’s extensive network, IME Life Insurance is well-positioned to maintain its leadership in Nepal’s competitive insurance landscape.
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