Nepal Life Insurance Concludes 26th AGM, Approves 21.05 Percent Dividend Including Bonus Shares

4th January 2026, Kathmandu

Nepal Life Insurance Company Limited has successfully conducted its 26th Annual General Meeting marking a significant milestone in its corporate history. Held on Saturday Poush 19 2082 at Hotel Vishwa in Birgunj the meeting was presided over by the Board Chairman Mr Govind Lal Sangai. During the assembly the shareholders formally approved a total dividend of 21.05 percent for the previous fiscal year.

Nepal Life 26th AGM

This meeting served as a crucial platform for the company to demonstrate its financial resilience and transparent governance to its vast base of investors. As the leading life insurance provider in the country the successful conclusion of this AGM reinforces the trust that stakeholders place in the company’s long term strategic vision and its ability to deliver consistent returns.

DIVIDEND BREAKDOWN AND CAPITAL RESTRUCTURING

The approved dividend of 21.05 percent is a blend of both stock and cash components designed to provide immediate liquidity while also increasing the company’s capital base. Specifically the shareholders endorsed a 5 percent bonus share and a 16.05 percent cash dividend. This distribution is calculated on the existing paid up capital of the company which stands at 9.02 billion rupees. The total dividend figure is inclusive of all applicable taxes for both the bonus and cash portions. Following the issuance of these bonus shares the company will undergo a capital restructuring process to increase its issued and paid up capital which will further strengthen its solvency and capacity to handle large scale risks in the future.

FINANCIAL STRENGTH AND MARKET PERFORMANCE

The financial data presented during the AGM underscores the dominant position of Nepal Life Insurance in the national market. As of mid October 2082 the company’s total investment portfolio has reached a staggering 254 billion rupees. The life insurance fund itself has crossed the 245 billion mark while the shareholders fund stands at over 13 billion rupees. Since its inception the company has collected total premiums amounting to 326 billion rupees and has successfully settled claims worth 103 billion rupees. These figures not only highlight the company’s massive scale but also its strong claims settlement capacity which remains a key factor in its high level of public trust.

ELECTION OF DIRECTORS AND CORPORATE GOVERNANCE

A key agenda of the 26th AGM was the election of members to the Board of Directors representing the promoter shareholders. Three directors were unanimously elected to lead the company for the next term. The elected members are Mr Govind Lal Sangai Mr Kamlesh Kumar Agrawal and Mr Vivek Kumar Agrawal. This leadership team is tasked with overseeing the company’s adherence to the Company Act 2063 and the Insurance Act 2079. The meeting also finalized the appointment of an external auditor for the current fiscal year ensuring that the company’s financial reporting continues to meet the highest standards of international accounting and regulatory compliance.

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STRATEGIC FOCUS ON DIGITAL TRANSFORMATION

Chairman Govind Lal Sangai emphasized that the future of Nepal Life Insurance lies in its ability to adapt to technological changes. The company has already begun a comprehensive digital transformation initiative aimed at automating internal processes and enhancing the customer experience. This includes the implementation of a modern Learning Management System for staff training and the adoption of digital solutions for policy issuance and premium collection. By aligning its business practices with international digital standards the company aims to improve operational efficiency and maintain a competitive edge in an increasingly tech savvy insurance market.

MACROECONOMIC CHALLENGES AND INDUSTRY OUTLOOK

While celebrating the dividend distribution the company leadership also acknowledged the challenging macroeconomic environment currently affecting the insurance sector. Director Kamlesh Kumar Agrawal noted that national economic resilience is dependent on the collective actions of all stakeholders and cautioned about the potential for further industry specific hurdles. However Chief Executive Officer Praveen Raman Parajuli expressed confidence in the company’s ability to navigate these pressures through investment diversification and strict internal controls. The bank’s commitment to decentralization and innovative marketing strategies is expected to drive growth even in a slow economic climate.

SHAREHOLDER ENGAGEMENT AND FUTURE GROWTH

The AGM concluded with the Board receiving full authority to make any necessary amendments to the company’s Memorandum and Articles of Association as required by regulatory bodies. This flexibility ensures that the company can quickly align its business objectives with new government regulations. Shareholders expressed their satisfaction with the company’s performance and the transparency of the financial disclosures. Looking ahead Nepal Life Insurance plans to focus on customer centric product development and the expansion of its service network to reach the unreached populations of Nepal further cementing its role as a pillar of the national economy.

CONCLUSION AND NEXT STEPS FOR SHAREHOLDERS

In conclusion the 26th Annual General Meeting of Nepal Life Insurance was a resounding success with the approval of a 21.05 percent total dividend. This payout reflects the company’s robust earnings and its prudent management of a 254 billion rupee investment portfolio. Shareholders can expect the 5 percent bonus shares to be adjusted in their Demat accounts following the completion of the formal capital increment process while the cash portion will be credited directly to their bank accounts. The company’s focus on digital innovation and governance ensures a secure and profitable future for all its stakeholders.

For More: Nepal Life 26th AGM