Gurans Life Insurance amends its dividend to 10.5% bonus shares for FY 2074/75

Gurans Life Insurance Company Limited has proposed to distribute a 10.5% of the total paid-up capital as bonus shares to its investors for FY 2074/75

Of the existing paid-up capital of Rs. 93.85 crores, the bonus shares amount to Rs. 9.85 crores. Meanwhile, Rs. 51.86 lakhs will be distributed for tax purposes.

The company had previously proposed a 13.1015% dividend for the fiscal year. However, Beema Samiti had instructed the company to change the dividend amount.

The newly proposed dividend will be distributed after approval by the upcoming company General Meeting and Beema Samiti.