National Life Insurance proposes 13.50% bonus shares for the FY 2073/74; Paid-up capital to reach Rs 3 arba
Mon, Jan 14, 2019 3:37 PM on Dividend, Bonus & Rights, Stock Market, Latest,
National Life Insurance Company Limited (NLICL) has proposed 13.5% bonus shares for its shareholders.
As per the information published in NEPSE, the life insurance company has proposed 13.50% bonus shares for the FY 2073/74. With the proposal of the bonus shares, the company has finally started its procedure for the AGM for the FY 2073/74.
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 arba.
