Nepal Life Insurance to give 26.31 percent bonus shares

Published On: March 29, 2017 11:53 AM NPT By: Republica  | @RepublicaNepal

KATHMANDU, March 29:  The 17th annual general meeting of Nepal Life Insurance Company Ltd on Monday has approved a proposal of its board of directors (BOD) to distribute 26.31 percent bonus shares (including tax) to the company’s shareholders.

Issuing a statement, the insurance company informed that the shareholders from the further public offering (FPO) will also get the bonus shares. According to the company, the AGM has also elected a new member in the company’s board.

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