Prabhu Insurance 30th AGM and Dividend Update
22nd April 2026, Kathmandu
In a significant event for its shareholders and the broader insurance sector, Prabhu Insurance Limited is conducting its 30th Annual General Meeting today, Baisakh 9, 2083. The meeting is being held at the Prabhu Complex in Tinkune, Kathmandu, beginning at 11 AM.
Prabhu Insurance 30th AGM
This assembly serves as a critical platform for the company to review its performance over the past fiscal year and to seek formal approval for several key financial and strategic decisions. As the company celebrates three decades of service, the AGM reflects its ongoing commitment to transparent governance and the enhancement of shareholder value.
The primary focus of today’s meeting is the presentation and approval of the annual report by the Board of Directors. Shareholders will have the opportunity to review and endorse the comprehensive financial statements, which include the balance sheet, the profit and loss account, and the cash flow statement.
These documents provide a transparent view of the company’s financial health and its ability to navigate the complexities of the modern insurance market in Nepal. The review of profit allocation and changes in equity remains a top priority for the board as they look to strengthen the institution’s capital base.
A major highlight of the 30th AGM is the official proposal for dividend distribution. Prabhu Insurance Limited has proposed a dividend package consisting of 8.70 percent bonus shares and a small cash component.
Specifically, the company aims to issue bonus shares worth 14.79 crore, along with a 0.4579 percent cash dividend amounting to 778,588, which is primarily intended for tax purposes. These proposals are subject to final approval during the meeting, and once passed, they will lead to a direct increase in the company’s paid-up capital and provide a tangible reward to the investors for their continued trust.
In addition to dividend approvals, the meeting will address several other essential resolutions. This includes the appointment of auditors and the determination of their remuneration for the upcoming fiscal year 2082/83. Furthermore, the AGM will discuss the necessary amendments to the company’s Memorandum and Articles of Association to reflect the new capital structure following the bonus share issuance.
The shareholders will also be asked to approve the expenses incurred under Corporate Social Responsibility as per the provisions of the Companies Act 2063, highlighting the company’s role in social development.
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To facilitate the AGM and dividend distribution process, the company had previously announced a book closure on Chaitra 26, 2082. This means that only those shareholders who were officially recorded in the registry of the Nepal Stock Exchange before the book closure date are eligible to participate in today’s proceedings and receive the proposed dividends.
This standard regulatory practice ensures that the benefits of the company’s performance are distributed accurately to the rightful owners of the shares.
Prabhu Insurance Limited continues to be a steady and reliable performer in the Nepalese insurance landscape. By consistently providing dividends and maintaining open communication with its stakeholders, the company has built a strong reputation for stability.
Today’s AGM is not just a regulatory requirement but a celebration of the company’s long-term journey and its future potential. As the insurance market in Nepal evolves with new technologies and regulatory requirements, Prabhu Insurance remains focused on strategic decision-making that ensures long-term growth and protection for its clients.
In conclusion, the 30th Annual General Meeting of Prabhu Insurance Limited is a landmark event that underscores the company’s financial resilience. With the approval of bonus shares and a clear vision for the future, the company is well-positioned to continue its growth trajectory. Shareholders attending the meeting today are playing an active role in the governance of an institution that has become a cornerstone of the national insurance industry.
As the meeting progresses, the final approval of the agendas will mark another successful year of operations, paving the way for further innovation and service excellence in the years to come. Prabhu Insurance remains dedicated to delivering high-quality products and maintaining a customer-centric approach that has been the hallmark of its success for the past thirty years.
Stay updated with the official post-meeting announcements for the final results of the voting and the official distribution timeline for the bonus shares. This commitment to transparency is what makes Prabhu Insurance a trusted name for thousands of investors and policyholders across the nation.
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