Nepal Insurance Company urges shareholders to pay tax to receive bonus shares; Company distributing 7.5% bonus shares

Nepal Insu...

Nepal Insurance Company (NICL) has published a notice urging its shareholders to pay taxes in order to claim 7.50% bonus shares.

The 70th Annual General Meeting of the company had approved 7.50% bonus for shareholders maintained till Shrawan 23, 2076 (Book Closure date). The bonus shares will be distributed directly to the demat account of individual shareholders after the payment of tax amount on those shares.

The information regarding tax amount and payment details can be found out by visiting the website of its share registrar, NIBL Ace Capital (