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Sagarmatha Lumbini Insurance announces dividend

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Kathmandu. Sagarmatha Lumbini Insurance Company Limited has announced a cash dividend to be distributed to shareholders from the profits of the last fiscal year.

According to the meeting of the company’s board of directors held on Chaitra 28, it has been announced to distribute a cash dividend including tax at the rate of 15 percent of the current paid-up capital.

The dividend will be distributed after being approved by the Nepal Insurance Authority and passed by the upcoming annual general meeting.

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