Bonus shares of two Non-Life Insurance companies listed on NEPSE; 5.97 Million units of shares made tradeable

Wed, Sep 25, 2019 5:03 PM on Latest, NEPSE News, Share Listed,

Nepal Stock Exchange Limited (NEPSE) has published notice regarding the listing of bonus shares of two Non-Life Insurance companies, namely Siddhartha Insurance Limited (SIL) and Sagarmatha Insurance Company Limited (SIC).

As per the notice published, 1,340,816.50 Units Bonus Shares of Siddhartha Insurance Limited has been listed on the stock exchange. SIL had distributed 15.48% bonus shares out of the profits of FY 74/75.

Similarly, 4,629,310 Units Bonus Shares of Sagarmatha Insurance Company Limited has been listed on the stock exchange. SIC had distributed 86% bonus shares out of the profits of FY 74/75.

A total of 5.97 Million units of bonus shares have been made tradeable.