42,58,800 Unit Bonus Shares of Nepal Insurance Company Listed in NEPSE

13,66,572.42 unit bonus shares of Nepal Insurance Company Limited (NICL) have been listed in NEPSE.

The 73rd AGM of the company held on Jestha 30, 2079 endorsed a 11.5789% dividend for the fiscal year 2077/78. The meeting of the board of directors held on Jestha 06 decided to distribute the dividend on the paid-up capital of Rs. 1.24 Arba. 11% bonus shares worth Rs 13.66 crores and 0.5789% cash dividend (including tax for bonus shares) worth Rs. 71.92 lakhs were proposed. After the bonus distribution, the paid-up capital of the company will raise to Rs. 1.37 Arba. The same bonus shares are now listed in NEPSE.

The book closure date was from Jestha 17 to Jestha 30. Thus, shareholders maintained before that day are entitled to the dividend payout.