Universal Sompo declares a dividend of Rs 25.8 cr

Mumbai: Private general insurer Universal Sompo has declared a dividend of Rs 25.77 crore.

The dividend is equal to about 7 percent of its paid up capital to its qualifying shareholders, a press release said.

Universal Sompo is a joint venture between Allahabad Bank and Indian Overseas Bank, along with Karnataka Bank, Dabur Investment Corporation, and Sompo Japan Nipponkoa Insurance.

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