Last Day to Secure Siddhartha Premier Insurance’s Proposed Dividend

1st January 2026, Kathmandu

Today is the final opportunity for investors and stock market participants to acquire shares of Siddhartha Premier Insurance Limited if they wish to be eligible for the company’s attractive dividend payout.

Siddhartha Premier’s Proposed Dividend

The company has officially announced that the book closure for the dividend distribution and the upcoming annual general meeting will take place on Poush 18. This means that only those shareholders who are recorded in the company’s books by the end of the trading day on Poush 17 will be entitled to receive the cash benefits. Investors are racing to finalize their transactions through the Nepal Stock Exchange to ensure their names are registered before the deadline, as the dividend represents a significant return on investment for the fiscal year 2081/82.

UNDERSTANDING THE BOOK CLOSURE AND ELIGIBILITY CRITERIA

The concept of a book closure is fundamental in the Nepalese capital market to determine who is eligible for corporate benefits. Since the book closure for Siddhartha Premier Insurance is set for Poush 18, the previous working day, Poush 17, serves as the last trading day for dividend eligibility. Any investor who purchases the shares tomorrow or after will not receive the 25 percent cash dividend for the current cycle. This mechanism prevents confusion regarding share ownership during the transition period and ensures that the company can accurately calculate the total payout of 701.64 million rupees to its rightful owners.

DETAILS OF THE 25 PERCENT CASH DIVIDEND

The highlight of the upcoming 32nd Annual General Meeting is the formal endorsement of a 25 percent cash dividend. This percentage is calculated based on the company’s substantial paid-up capital of 2.80 billion rupees. It is important to note that the 25 percent figure includes the applicable taxes, meaning the net amount received by shareholders will be slightly lower after the government’s capital gains or dividend tax is deducted at the source. The total distribution of 701.64 million rupees reflects the company’s strong financial performance and its commitment to sharing profits with its dedicated investor base.

THE 32ND ANNUAL GENERAL MEETING AGENDA

Siddhartha Premier Insurance has scheduled its 32nd AGM for Poush 29 at the Rani Mahal Banquet in Gyaneshwar, Kathmandu. The meeting will commence at 11:00 AM. Apart from the dividend approval, the assembly will deliberate on several key institutional matters. The board will present the annual report and the auditor’s report for the fiscal year 2081/82 for shareholder approval. Additionally, the meeting will finalize the appointment of an external auditor for the current fiscal year 2082/83 and determine their remuneration, adhering to the corporate governance standards required for a leading non-life insurance provider.

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SPECIAL RESOLUTIONS AND OPERATIONAL EXPANSION

This year’s AGM is particularly significant as it includes a proposal to expand the company’s business objectives. The board is seeking shareholder approval to include collective investment scheme operations under Clause 3 of the company’s Memorandum of Association. This move indicates that Siddhartha Premier Insurance is looking to diversify its revenue streams beyond traditional insurance premiums by entering the investment management sector. Furthermore, the meeting will grant the Board of Directors the authority to make necessary legal amendments to the company’s foundational documents as suggested by the Nepal Insurance Authority or other regulatory bodies.

STRATEGIC POSITIONING IN THE INSURANCE SECTOR

As one of the prominent players in Nepal’s non-life insurance industry, Siddhartha Premier Insurance’s decision to distribute a high cash dividend signals institutional stability and a healthy cash flow. In an era where many companies are opting for bonus shares to meet capital requirements, a 25 percent cash payout is highly valued by investors who prefer immediate liquidity. The company’s move into collective investment schemes also suggests a forward-thinking approach to capital management, aiming to leverage its existing financial expertise to provide broader financial services to the public.

PROCEDURAL STEPS FOR SHAREHOLDERS

For those who already hold shares or are buying them today, the dividend will be credited directly to the bank accounts linked with their Demat accounts through the electronic clearing system once approved by the AGM. Shareholders are advised to ensure that their bank account details and CRN numbers are updated in the Mero Share portal to avoid any delays in the disbursement. Attending the AGM at Rani Mahal Banquet also provides an opportunity for retail investors to voice their opinions, ask questions about the company’s future growth, and engage directly with the senior management and the Board of Directors.

CONCLUSION AND FINAL REMINDER FOR INVESTORS

In conclusion, today is the decisive day for anyone looking to benefit from Siddhartha Premier Insurance Limited’s profitable year. With a 25 percent cash dividend on the table and an ambitious plan to enter the investment scheme market, the company is positioning itself for a dynamic future. The Poush 18 book closure makes today’s trading session critical. As the company prepares for its 32nd AGM on Poush 29, the focus remains on rewarding shareholders while building a more robust and diversified financial institution.

For More: Siddhartha Premier’s Proposed Dividend