IME Life Insurance Announces 10.52% Cash Dividend Distribution

IME Life Insurance Limited (ILI) has announced a cash dividend for its shareholders from the profits of the last fiscal year. The insurance company will distribute a cash dividend amounting to 10.52% of its paid-up capital, equivalent to NPR 52,63,15,000 (including tax purposes).

The decision to distribute the dividend at this rate was made during the board meeting held on 25th Mangsir. The dividend will be distributed after approval from the Nepal Insurance Authority and the upcoming Annual General Meeting.