Nepal Insurance Company proposes 4.52% bonus share; to be adjusted with upcoming 100% right shares

Nepal Insurance Company has proposed bonus share of 4.52384% on its current paid up capital of Rs 30,19,88,610. The announcement was made on the basis of the decisions of the meeting of the BOD conducted on 25^th Poush 2074. The rate of bonus to be provided on the paid up capital of the company after the allotment of right shares in the ratio 1:1 would be 2.26192%. The total paid up capital of the company after the issuance of bonus share would be 61 crore, 76 lakhs, 38 thousand, 7 hundred and 4 rupees.