4.75% Bonus Shares of Nepal Reinsurance Company Listed in NEPSE
Mon, Sep 2, 2024 4:49 PM on Latest, Dividend, Bonus & Rights, Share Listed,
60,86,433.28 unit of bonus shares of Nepal Reinsurance Company Limited (NRIC) have been listed in NEPSE.
The company convened its 9th AGM on 17th Jestha, 2081 and endorsed a 5% dividend for the fiscal year 2079/80. The 515th meeting of the board of directors held on Baishakh 03 decided to distribute 4.75% bonus shares worth Rs. 60.86 Crore and 0.25% cash dividend (for tax purposes) worth Rs. 3.20 crore from the paid-up capital of Rs. 12.81 Arba. The same bonus shares are now listed in NEPSE.
NRIC has an LTP of Rs. 866.