Everest Insurance distributes 10% bonus shares directly in Demat accounts

Everest Insurance Company (EIC) has published a notice regarding the distribution of bonus shares for its shareholders.

The insurance had announced 10% bonus shares from the net profit of FY 2073/74 which has already been deposited in the respective demat accounts of the shareholders.

EIC has urged the remaining shareholders to get their shares dematerialized by contacting with its share registrar NMB Capital Limited or any branches of NMB Capital Limited.

The insurance company had reported net profit of Rs 3.03 crore in the third quarter of the current fiscal year with its annualized EPS standing at Rs 30.27.