Bonus Shares of These Two Companies are Now Listed in NEPSE

42,35,103.42 units bonus shares of Everest Bank Limited (EBL) are now listed in NEPSE. This is a portion of the dividend distributed for the fiscal year 2076/77.

Everest Bank just recently convened its 26th AGM for the FY 2076/77 under the leadership of its chairman. The AGM endorsed the board’s proposal to provide 5% bonus shares and 5.53% cash dividend to the shareholders. The same bonus shares are now listed in NEPSE.

Similarly, 15,81,253 units of bonus shares of Prime Life Insurance Company Limited (PLIC) are also listed in NEPSE. This is a portion of the dividend distributed for the fiscal year 2075/76.

The recent AGM of the company endorsed the dividend for the fiscal year 2075/76. The company has distributed a 15% dividend for the fiscal year 2075/76, i.e. 7% bonus shares and 8% cash dividend from the paid-up capital. The same bonus shares are now listed in NEPSE.

These shares are tradable after the investors get their shares deposited in their respective Demat accounts.