Bonus Shares of SIC and NMBMF Now Listed in NEPSE

22,22,715 unit bonus shares of Sagarmatha Insurance Company Limited (SIC) have been listed in NEPSE.

The 25th AGM of the company held on Baisakh 28, 2079 had endorsed 22.63% dividend for the fiscal year 2077/78. The 310th meeting of the board of directors held on Falgun 12 decided to distribute the dividend on the paid-up capital. 20% bonus shares and 1.05263% cash dividend were proposed. The paid up capital of the company stands at Rs 133.35 crore upon adjustment of this bonus shares. The same bonus shares are listed in NEPSE for trading. 

11,60,580.3738 unit bonus shares of NMB Microfinance Bittiya Sanstha Limited (NMBMF) have been listed in NEPSE.

The 9th AGM of the company Poush 26, 2078 had endorsed 21.05263% dividend for the fiscal year 2077/78. The 119th meeting of the board of directors held on Kartik 11 had decided to distribute 21.5% bonus shares and 1.13% cash dividend (for tax purposes) from the paid-up capital. Since the paid-up capital of the company is Rs. 53,98,04,825, the bonus shares are worth slightly over Rs. 11.6 crore and the cash dividend is worth over Rs. 61.08 lakhs.

The same bonus shares are listed in NEPSE for trading.