KATHMANDU, Jan 19: Himalayan Life Insurance Company (HLIC) has proposed to provide 14 percent bonus shares to the company’s shareholders .
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The recently held board meeting of the HLIC is set to provide 14 percent of the paid-up capital in bonus shares. Once the proposal is approved, the shareholders will receive a dividend worth over Rs 1.12 billion. The paid-up capital of the HLIC stands at Rs 8.02 billion.
