16% Bonus Shares of Shikhar Insurance Company Listed in NEPSE
Sun, Mar 26, 2023 4:42 PM on Latest, Dividend, Bonus & Rights, Share Listed,
36,88,660 unit of bonus shares of Shikhar Insurance Company Limited (SICL) has been listed in NEPSE.
The company convened its AGM on 25th Magh and endorsed a 16.8421% dividend for the fiscal year 2078/79. The 287th meeting of the board of directors held on Mangsir 29 decided to distribute the dividend on the paid-up capital of Rs. 2.65 Arba. 16% bonus shares worth Rs 36.88 Crores and 0.8421% cash dividend (including bonus shares tax purposes) were proposed. The same bonus shares are now listed in NEPSE.
As of writing, SICL has an LTP of Rs. 734.20.
