9,20,250.79 bonus shares of Nepal Insurance Company Limited (NICL) have been Listed in NEPSE.
The 72nd AGM of the company held on 27th Chaitra, 2077 endorsed the company's 10% dividend for the fiscal year 2076/77. The meeting of the board of directors held on Magh 08 had proposed an 8% bonus shares and 2% cash dividend from the paid-up capital for the fiscal year 2076/77. The dividend was distributed from the paid-up capital of Rs. 1,15,03,13,485.69. Thus, the bonus shares are worth Rs. 9,20,25,079 and the cash dividend is worth Rs. 2,30,06,270.
The same bonus shares are now listed. The ordinary shares of NICL closed at Rs. 1,110 yesterday.
Similarly, 4,199 right shares of Sarathi Nepal Laghubitta Bittiya Sanstha Limited (SNLB) have also been Listed in NEPSE. These are the unclaimed right shares that were auctioned by the company.
The ordinary shares of SNLB closed at Rs. 1,595 yesterday. The company has published the third-quarter report of FY 2077/2078 with an outstanding 218.96% increment in Net Profit. As per the report published by the company, the net profit increased to Rs. 6.55 crores as compared to Rs. 2.05 crores in the corresponding quarter of the previous year.