4.5% Bonus Shares of Himalayan Reinsurance Listed in NEPSE

46,80,000 unit bonus shares of Himalayan Reinsurance Limited (HRL) have been listed in NEPSE.

The company convened its 4th AGM on 25th Jestha, 2082, and endorsed a 4.74% dividend for FY 2080/81. The 71st board of directors meeting on Baishakh 22 decided to distribute the dividend on the paid-up capital of Rs. 10.40 Arba. 4.5% bonus shares and 0.24% cash dividend (tax purposes) were proposed. The same bonus shares were listed in NEPSE.

As of writing, HRL has an LTP of Rs. 992.20.