SuryaJyoti Life Cash Dividend Deposited to Shareholders

19th January 2026, Kathmandu

SuryaJyoti Life Insurance Company Limited has officially credited a 13 percent cash dividend to the bank accounts of its eligible shareholders. The dividend distribution follows the successful conclusion of the company’s 18th Annual General Meeting (AGM), which was held on Poush 30, 2082 (January 14, 2026), at Hotel Harrison Palace in Biratnagar. This development marks a significant achievement for the company, which was formed through the historic merger of Surya Life and Jyoti Life, as it continues to reward its investors while maintaining a strong capital base.

SuryaJyoti Life Cash Dividend

The 13 percent cash dividend, which includes the applicable tax amount, was distributed from the distributable profits of the fiscal year 2081/82. For a company with a paid-up capital of Rs 5.01 billion, this payout translates to approximately Rs 65.15 crore in total cash returns to its shareholders. The move highlights SuryaJyoti Life’s resilience in a competitive insurance market and its commitment to transparent corporate governance.

Dividend Eligibility and Book Closure Details

To determine who was eligible for the 13 percent cash dividend, SuryaJyoti Life Insurance set the book closure date for Poush 18, 2082. This means that only those shareholders who were registered in the Nepal Stock Exchange (NEPSE) records until Poush 17, 2082, are entitled to the payout. Investors who purchased shares on or after the book closure date will not receive this specific dividend.

The company began the electronic transfer of funds directly into the bank accounts of eligible shareholders immediately following the AGM approval on Poush 30. This efficient distribution process ensures that investors receive their returns without the delays associated with physical warrants.

Financial Performance Highlights for FY 2081/82

The dividend distribution is backed by steady financial growth reported in the company’s audited statements for the fiscal year 2081/82. Under the leadership of CEO Prakash Bikram Khatri, SuryaJyoti Life has solidified its position as one of the largest life insurers in Nepal. Key financial indicators from the annual report include:

Life Insurance Fund: Grew by 25.50 percent to reach approximately Rs 43.83 billion.

Total Investment: Increased to Rs 48.45 billion, showcasing strong asset management.

Net Profit: Reported at approximately Rs 350.2 million, a slight increase from the previous fiscal year.

Network Strength: Operates 176 branches across Nepal, serving over 3.58 million policyholders.

Advertisement

Addressing the shareholders during the 18th AGM, Board Chairman Keshav Prasad Bhattarai emphasized that the company’s growth is a direct result of digital transformation initiatives and the dedication of its network of over 106,000 agents. The company was also recently recognized with the “Emerging Insurance Award” at the 5th Emerging Asia Insurance Conclave in Bangkok, highlighting its technological innovation.

Process for Claiming the Dividend

SuryaJyoti Life has streamlined the payout process through the C-ASBA system. For the majority of shareholders, the amount has been credited to the bank account linked to their Demat account. However, certain conditions apply for specific groups:

Pledged Shares: Shareholders who have utilized their shares as collateral for loans must provide a No Objection Certificate (NOC) from their respective lending institution to release the dividend.

Physical Shares: Investors still holding physical share certificates are strongly urged to dematerialize them. The dividend will only be credited once the shares are converted to electronic form and a bank account is updated in the Demat system.

Mismatched Details: If there is a discrepancy between the name on the Demat account and the bank account, the transfer may fail. Shareholders are advised to contact the company’s share registrar, NIC Asia Capital Limited, to update their records.

Strategic Outlook and Digital Transformation

Beyond the cash dividend, the 18th AGM served as a platform to discuss the company’s future roadmap. SuryaJyoti Life is heavily investing in artificial intelligence (AI) and mobile-first platforms to enhance policy issuance and claim settlement. CEO Prakash Bikram Khatri has reiterated that “claim payment is the first priority,” aiming to make the process entirely paperless and hassle-free for the millions of families insured under the brand.

The company also offers extensive Critical Illness coverage, protecting against 35 different conditions with coverage up to Rs 5 million. This product diversification is expected to drive premium growth in the 2082/83 fiscal year, potentially leading to even more attractive returns for shareholders in the future.

Conclusion

The successful distribution of the 13 percent cash dividend by SuryaJyoti Life Insurance Company Limited demonstrates the institution’s financial health and its adherence to a shareholder-centric philosophy. By executing the payout immediately following the 18th AGM, the company has reinforced investor trust. As SuryaJyoti Life continues to leverage the synergies of its historic merger, it remains a dominant force in Nepal’s insurance landscape, providing both security to policyholders and consistent value to its investors.

For More: SuryaJyoti Life Cash Dividend