Bonus Shares of SHL, MERO, NICL and PIC Now Listed in NEPSE

42,13,533 unit bonus shares of Soaltee Hotel Limited (SHL) have been listed in NEPSE.

The company convened its 48th AGM for the FY 2078/79 on Poush 28, 2079. The company endorsed a 26.31578947% dividend for FY 2078/79. The meeting of the board of directors held on Ashwin 31 decided to distribute a 5% bonus shares worth Rs. 4,21,28,986 and a 21.31578947% cash dividend worth Rs. 179,602,521 from its paid-up capital of Rs. 84.25 Crores. The same bonus shares are now listed in NEPSE.

As of writing, SHL has an LTP of Rs. 226.

Similarly, 12,00,000 unit bonus shares of Mero Microfinance Laghubitta Bittiya Sanstha Limited (MERO) have been listed in NEPSE.

From the 131st meeting of the Board of Directors of Mero Microfinance Laghubitta on Poush 5, the company decided to distribute a dividend of 20% for the fiscal year 2078/79 from the paid-up capital. The company proposed a 10% bonus dividend worth Rs. 12 Crores and a 10% cash dividend (including tax) worth Rs. 12 Crores for the fiscal year 2078/79. The same bonus shares are now listed in NEPSE.

MERO closed at Rs. 643 today.

Likewise, 11,57,696 unit bonus shares of Nepal Insurance Company Limited (NICL) have been listed in NEPSE.

The company convened its 74th AGM on 22nd Poush, 2079. The company endorsed an 8.4211% dividend for FY 2078/79. The meeting of the board of directors held on Kartik 04, 2079 decided to distribute a 0.4211% cash dividend worth Rs. 58.06 lakhs and 8% bonus shares worth Rs. 11.57 Crores from the paid-up capital of Rs. 1.37 Arba. The same bonus shares are now listed in NEPSE.

As of writing, NICL has an LTP of 517.

17,49,451 unit bonus shares of Premier Insurance Company (Nepal) Limited (PIC) have also been listed in NEPSE.

The company convened its 29th AGM on 29th Poush, 2079. The AGM endorsed 14.25% bonus shares and 0.75% cash dividend (including tax) from the paid-up capital of Rs. 1.22 Arba. Thus, the bonus shares were worth Rs. 17.49 crores and cash dividends (including tax) were worth Rs 92.07 lakhs. The same bonus shares are now listed in NEPSE.

PIC closed at Rs. 649 today.