Gurans Life Insurance proposes 8.421% dividend; Paid-up capital to reach Rs 61.15 crore after 8% bonus shares adjustment
Tue, Jan 15, 2019 10:44 AM on Dividend, Bonus & Rights, Latest, Stock Market,
Gurans Life Insurance Company Limited (GLICL) has proposed 8.421% dividend for the FY 2073/74.
As per the notice published in NEPSE, the life insurance company has proposed 8% bonus shares worth Rs 4.75 crore and cash dividend for tax purpose worth Rs 25.01 lakhs for its shareholders.
The decision is subject to approval from the Insurance Board and upcoming AGM of the life insurance company.
The paid-up capital of the life insurance company will reach Rs 64.15 crore after the adjustment of 8% bonus shares.
GLICL is yet to announce dividend for the FY 2074/75.
