NLG Insurance to distribute bonus shares from March 17
Fri, Mar 14, 2014 12:00 AM on Dividend, Bonus & Rights,
ShareSansar, March 14:
NLG Insurance Company Limited will start distributing bonus share certificates to the shareholders from March 17.
The bonus share certificates can be collected through the office of the company’s RTS, Civil Capital Market Limited at Kathmandu Plaza, Kamaladi from 10:00 AM to 3:00 PM Sunday through Thursday, and from 10:00 AM to 1:30 PM on Fridays.
The 8th Annual General Meeting of the company held on February 11 had endorsed 11.05 percent cash dividend and 10 percent bonus share to its shareholders from the net profit it earned in the last fiscal year 2069/70.
NLG had posted a net profit of Rs 14.37 crore in the last fiscal year.
The company has already distributed the cash dividend warrants to the shareholders.
