21st AGM of Prabhu Insurance approved 17% bonus & 50% right share

Prabhu Insurance Limited has successfully conducted its 21st Annual General Meeting (AGM) on Kartik 12, 2073. The AGM has approved 17 percent bonus share to its shareholders. Also the AGM has approved to issue 2:1 (50%) right share after 17 percent bonus share distribution.The insurance company’s paid up capital will reach to Rs 57.75 crore after bonus and right share distribution. Prabhu Insurance has earned insurance premium of Rs 24.27 crore till the first quarter of the current FY. At present, the insurance company is rendering services through 19 branches and sub branches.