Sanima Reliance Life Insurance Distributed 8% Bonus Shares Directly To Shareholders' DEMAT Account

Sanima Reliance Life Insurance Limited (SRLI) has distributed an 8% bonus share directly to the DEMAT accounts of its shareholders and has urged them to dematerialize their shares.

The company convened its 8th AGM on 8th Chaitra, 2081, and endorsed a 9.2489% dividend for the fiscal year 2080/81. The 38th Board of Directors meeting on Falgun 12 has proposed a 9.2489% dividend for the fiscal year 2080/81. 9% bonus shares and 1.2489% cash dividends were proposed. The company's existing paid-up capital is Rs. 4.51 Arba. The same bonus shares are now deposited in Demat accounts.

Also, the company has urged the shareholders to dematerialize their shares, if they haven't updated their bank information in the Demat account are requested to do so to receive the bonus share.

Note that the bonus shares of the company are already listed in NEPSE.

As of writing, SRLI has an LTP of Rs. 416.40.

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