8.50% Bonus Shares of Asian Life Insurance Company Listed in NEPSE

24,71,894.42 unit bonus shares of Asian Life Insurance Company Limited (ALICL) have been listed in NEPSE.

The company convened its 15th AGM on 18th Baisakh and endorsed an 8.947% dividend worth Rs. 26.01 Crores for the fiscal year 2078/79. The meeting of the board of directors held on Falgun 30 decided to distribute 8.50% bonus shares worth Rs. 24.71 crores and a 0.447% cash dividend (for tax purposes) worth a little over Rs. 1.30 crores from the paid-up capital of Rs. 2.90 Arba. The same bonus shares are now listed in NEPSE.

As of writing, ALICL has an LTP of Rs. 695.