8.125% Bonus Shares of Lumbini General Insurance deposited to Demat accounts

Fri, Nov 13, 2020 2:05 PM on Latest, Dividend, Bonus & Rights,

Lumbini General Insurance Company Limited (LGIL) has distributed the 8.125% bonus share directly to DEMAT accounts of shareholders.

This is an 8.125% bonus share worth Rs 8.58 crores distributed for the fiscal year 2075/76. The company had also distributed a 0.406% cash dividend worth Rs 0.42 lakh for tax purposes. After the bonus shares, the company paid-up capital has reached Rs 1.14 Arba. The 8,58,000 unit bonus shares of Lumbini General Insurance have already been listed in NEPSE.

The bonus shares are already deposited for investors who have dematerialized their shares before Ashad 03. For those who have dematerialized their shares after this date, the bonus shares will be deposited soon. The company has urged its shareholders to dematerialize their shares if they haven't done so yet.