Siddhartha Insurance Limited (SIL) has announced to distribute a total of 15.7895% dividend to the shareholders in the Fiscal Year 2077/78 with 15% bonus share and 0.7895% cash dividend (for tax purposes).
The 182nd meeting of the Board of Directors of the company was held on 18th January, 2078 has been decided to distribute 15% bonus share and 0.7895% cash dividend (for tax sponsorship) of the existing paid up capital to the shareholders.
The dividend proposal decided by the Board of Directors will be included in the discussion of the general meeting after the approval of the regulatory body Insurance Committee. Eligible shareholders will be able to get the proposed dividend only after it is passed by the annual general meeting.
