4.75% Bonus Shares of Prabhu Insurance Listed in NEPSE

653,658.07 unit bonus shares of Prabhu Insurance Ltd. (PRIN) have been listed in NEPSE.

The company called its 28th AGM on 20th Baishakh and endorsed a 5% dividend for the fiscal year 2079/80. The 433rd meeting of the board of directors held on Falgun 20 decided to distribute the dividend on the paid-up capital of Rs. 1.37 Arba. 4.75% bonus shares worth Rs 6.53 crores and 0.25% cash dividend (for tax) worth slightly over Rs 34.40 lakhs were proposed. The same bonus shares are now listed in NEPSE.

As of writing, PRIN has an LTP of Rs. 1,018.