16% Bonus Shares of Reliable Nepal Life Insurance Listed in NEPSE
Wed, Apr 3, 2024 5:20 PM on Latest, Dividend, Bonus & Rights, Share Listed,
![](https://content.sharesansar.com/photos/shares/company/1523938596-reliable-life-reliable-nepal-life-insurance-ss.png)
64,00,000 unit bonus shares of Reliable Nepal Life Insurance Limited (RNLI) have been listed in NEPSE.
The company conducted its 7th annual general meeting on 29th Magh, 2080, and endorsed a 16.84% dividend for the fiscal year 2079/80. The 126th board of directors meeting on Poush 24 decided to distribute the dividend on the paid-up capital of Rs. 4 Arba. 16% bonus shares worth Rs. 64 crore and 0.84% cash dividend worth Rs 3.36 crore were proposed. The same bonus shares are now listed in NEPSE.
As of writing, RNLI has an LTP of Rs. 437.60.