14.50% Bonus Shares of Asian Life Insurance Company Now Listed in NEPSE

36,82,761 unit bonus shares of Asian Life Insurance Company Limited (ALICL) have been listed in NEPSE.

The 14th AGM of the company held on Ashwin 13 endorsed 15.26% dividend for the fiscal year 2077/78. The 174th meeting of the board of directors held on Bhadra 22 decided to distribute the dividend on the paid-up capital of Rs. 2.53 Arba. 14.50% bonus shares worth Rs 36.82 crores and 0.76% cash dividend (including tax for bonus shares) worth Rs 1.93 crores were proposed. The same bonus shares are now listed in NEPSE

Ashwin 04 was the book closure date. Thus, shareholders maintained before that day are entitled to the dividend payout. ALICL closed at Rs. 498 yesterday.