Bonus Shares of Sagarmatha Insurance Company and Lumbini General Insurance Company Listed in NEPSE
Tue, Apr 25, 2023 3:07 PM on Latest, Dividend, Bonus & Rights, Share Listed,
16,53,699.96 unit bonus shares of Sagarmatha Insurance Company Limited (SIC) have been listed in NEPSE.
The company convened its 26th AGM on 11th Falgun and endorsed a 13.0579% dividend for the fiscal year 2078/79. The board of directors' meeting decided to distribute 12.40% bonus shares and 0.6526% cash dividend on the paid-up capital of Rs. 1.33 Arba. The same bonus shares are now listed in NEPSE
Similarly, 9,17,644.50 unit bonus shares of Lumbini General Insurance Company Limited (LGIL) have been listed in NEPSE.
The company convened its 18th AGM on 11th Falgun and endorse a 6.99% bonus shares worth Rs. 9.17 Crore and a 0.3679% cash dividend worth Rs. 48.29 crores on the paid-up capital of Rs. 1.31 Arba for the fiscal year 2078/79. The same bonus shares are now listed in NEPSE
The merger between Sagarmatha Insurance Company and Lumbini General Insurance Company has been completed, and the joint operation has begun from Falgun 29 under the name "Sagarmatha Lumbini Insurance Company Limited." The company had signed a merger deal at a swap ratio of 100:80.
