Sun Nepal Life Calls Annual General Meeting to Approve Dividend

19th December 2025, Kathmandu

Sun Nepal Life Insurance Company Limited has officially announced the scheduling of its combined eighth and ninth annual general meeting to address several key agendas including the distribution of dividends to its loyal shareholders.

Sun Nepal Life AGM

This announcement comes at a time when the insurance sector in Nepal is undergoing significant regulatory changes and capital expansions as mandated by the Nepal Insurance Authority. Sun Nepal Life which has established itself as a prominent player in the life insurance market is moving forward with a proposal that aims to balance immediate rewards for investors with long term stability for the institution. The decision to hold the meeting was finalized during a recent session of the board of directors where the financial health and future trajectory of the company were discussed in detail.

Details of the Eighth and Ninth Combined Annual General Meeting

The upcoming annual general meeting for Sun Nepal Life Insurance is scheduled to take place on Friday Poush 25 according to the Nepali calendar. The company has chosen Amritbhog Caterers Private Limited located in Kalikasthan Kathmandu as the venue for this important gathering. The meeting is set to commence at 10 30 AM and will bring together shareholders and board members and management teams to review the performance of the company over the past two fiscal years. By combining the eighth and ninth annual general meetings the company aims to streamline its administrative processes and provide a comprehensive update on its financial standing to all stakeholders. This session is expected to provide a platform for open discussion regarding the achievements and challenges faced by the company in the evolving economic landscape of Nepal.

Comprehensive Dividend Distribution Proposal for Shareholders

One of the most anticipated segments of the meeting is the formal endorsement of the dividend distribution proposal recommended by the board of directors. Sun Nepal Life Insurance has proposed a total dividend payout that includes both bonus shares and a cash component. Specifically the board has recommended a 5 percent bonus share distribution based on the current paid up capital of the company. In addition to these bonus shares shareholders are also set to receive a 15.2632 percent cash dividend which is inclusive of the applicable taxes for the dividend distribution. This combination of bonus and cash is a strategic move often seen in the Nepalese insurance market to satisfy investors who seek immediate liquidity through cash while also rewarding those who prefer long term growth through an increased number of shares. The issuance of bonus shares also serves the dual purpose of increasing the paid up capital of the company which is a critical requirement for meeting the updated capital benchmarks set by regulatory bodies.

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Approval of Financial Reports and Transparency Measures

Beyond the dividend announcement the annual general meeting will serve as a formal venue for the approval of various financial documents. The shareholders will be asked to endorse the annual reports and auditor reports and balance sheets for the previous two fiscal years. Furthermore the profit and loss accounts and cash flow statements will be presented for a thorough review. These documents provide a transparent look into how the company has managed its resources and generated profits during a period of fluctuating interest rates and shifting consumer behavior in the life insurance sector. The meeting will also involve the appointment of an auditor for the current fiscal year and the determination of their remuneration. This process is vital for ensuring that the company maintains the highest standards of financial integrity and complies with the transparency requirements of the Nepal Stock Exchange and other governing authorities.

Strategic Capital Increase and Future Growth Plans

A significant item on the agenda for the upcoming meeting involves the proposal to increase the authorized capital of Sun Nepal Life Insurance. As the insurance market in Nepal grows more competitive and the regulatory environment demands higher capital cushions for risk management increasing the authorized capital allows the company more flexibility for future expansion. This might include the issuance of further shares or the acquisition of other entities in the future. The board of directors will also seek the authority to make any necessary amendments to the company documents in accordance with directives or recommendations issued by the Nepal Insurance Authority or other regulatory bodies. This shows the commitment of the company to staying agile and compliant in a rapidly changing financial market.

Investor Guidance and Important Book Closure Dates

For investors and shareholders looking to participate in the upcoming annual general meeting or claim their dividend entitlement there are specific dates that must be noted. The company has announced that it will close its books on Poush 14 for a period of one day. This means that the share registry will be frozen for that duration to finalize the list of eligible shareholders. Consequently only those shareholders who are officially registered with the Nepal Stock Exchange up to Poush 13 will be eligible to attend the meeting and receive the proposed dividends. Investors who purchase shares after this date will not be entitled to the bonus shares or the cash dividend from this specific announcement. It is essential for shareholders to ensure that their demat accounts are updated and that any necessary transactions are completed before the book closure deadline to avoid missing out on these rewards.

Conclusion and Future Outlook for Sun Nepal Life Insurance

The announcement of the dividend and the calling of the combined annual general meeting reflect the steady progress of Sun Nepal Life Insurance in the domestic market. Under the leadership of the board and management the company continues to focus on providing diverse life insurance products while maintaining a strong financial foundation. The proposed 20.2632 percent total dividend is a clear indicator of the profitability and shareholder friendly approach of the company. As the meeting approaches shareholders are encouraged to review the annual reports and participate in the discussions to help shape the future of their investment. With the increase in authorized capital and a clear plan for growth Sun Nepal Life Insurance is positioning itself as a resilient and forward thinking institution in the Nepalese insurance landscape.

For More: Sun Nepal Life AGM