National Life Insurance 37th AGM: 15% Dividend, Bonus Shares, Capital Growth
19th June 2025, Kathmandu
National Life Insurance recently held its 37th Annual General Meeting (AGM) at its central office in Lazimpat, Kathmandu. The event brought together shareholders, directors, and top executives. Chairperson Prema Rajya Laxmi Singh led the session, highlighting the company’s strong progress and bright future.
National Life 37th AGM
Shareholders cheered as the AGM approved a generous 15% total dividend. This includes a 10% cash dividend amounting to over NPR 521 million and a 5% bonus share worth more than NPR 260 million. These rewards come from the company’s current paid-up capital of NPR 5.21 billion.
With the bonus shares added, the paid-up capital will rise beyond NPR 5.47 billion—signaling growth and confidence. The meeting also approved the necessary tax adjustment from profits, ensuring smooth dividend distribution.
Green Light For Financials And Auditor Appointment
The company’s annual financial reports and auditor’s findings for the last fiscal year were accepted without opposition. The AGM also gave a thumbs-up to appoint auditors for the coming year, setting their fees transparently.
Important Amendments And Board Empowerment
Key changes were made to the company’s official documents to support the capital increase. The Board of Directors was granted the power to make future amendments as regulators or laws require. This shows the company’s readiness to adapt and stay compliant.
The AGM also approved last year’s expenses, keeping the company’s financial governance strong and transparent.
Smooth Election Of Board Members
Five directors were elected unanimously—no contests, just confidence. Three directors came from the Founder Group, including Chairperson Singh herself, while two joined from the General Public Group. These experienced leaders are poised to steer National Life Insurance toward greater success.
Chairperson’s Assurances And Vision
In her address, Chairperson Singh promised punctual future AGMs, explaining the current delay was due to actuarial valuation complexities. She proudly noted the company’s expanding network and business, assuring investors of fair and fruitful returns ahead.
Important Dates For Shareholders
For shareholders, the company declared a one-day book closure on June 5, 2024. Those registered by June 4 on NEPSE will receive the approved dividends. This clear schedule helps investors plan accordingly.
National Life Insurance’s 37th AGM not only celebrated past achievements but also laid a solid foundation for the future. With strong leadership and shareholder trust, the company is set to reach new heights. Investors can look forward to rewarding returns and a transparent, growth-focused approach.
For more:- National Life 37th AGM
