16,80,000 Bonus Shares of Siddhartha Insurance (SIL) Listed in NEPSE
Thu, Jun 16, 2022 3:32 PM on Latest, Dividend, Bonus & Rights, Share Listed,
16,80,000 units bonus shares of Siddhartha Insurance Limited (SIL) have been listed in NEPSE.
The 20th AGM of the company held on 30th Chaitra, 2078 endorsed 15.7895% dividend for the fiscal year 2077/78. The 182nd meeting of the board of directors held on Magh 18 decided to distribute the dividend on the paid-up capital of Rs. 1.12 Arba. 15% bonus shares worth Rs 16.80 crores and 0.7895% cash dividend (for tax) worth slightly over Rs 88.42 lakhs were proposed. The cash dividend is proposed for tax on bonus shares. The same bonus shares are now listed in NEPSE.
Chaitra 17 was the book closure date. As of writing, the LTP of SIL is Rs. 569.
