Bonus Shares of Shikhar Insurance Co. Ltd. Listed in NEPSE

26,81,518 unit bonus shares of Shikhar Insurance Co. Ltd. (SICL) have been listed in NEPSE.

The company convened its 20th AGM on 13th Falgun, 2081, and endorsed a 10.5263% dividend from the profits of FY 80/81 for shareholders. The 345th board meeting of the board of directors on Magh 15 decided to distribute the dividend on the paid-up capital of Rs. 2.65 Arba. 10% bonus shares worth slightly over Rs. 26.54 crores and 0.5263% cash dividend (including tax) worth Rs 1.39 crores were proposed.

The same bonus shares are now listed in NEPSE.

As of writing, SICL has an LTP of Rs. 750.03.