National Life Insurance has proposed 2.5% bonus shares and 12% cash dividend for its shareholders for FY 2074/75

As per the information published in NEPSE, National life insurance company (NLICL) has proposed 2.5% bonus shares and 12% cash dividend for the FY 2074/75. With the proposal of the bonus shares, the company has finally started its procedure for the AGM for the FY 2074/75.

The decision of the BOD is subject to approval from the Insurance Board and upcoming AGM of the company.

With the adjustment of the bonus shares, the paid-up capital of the company will reach Rs 3.08 arba. In FY 2073/74 NLICL had distributed 13.5% bonus share to its shareholders.