NEPSE listing of bonus shares of Sagarmatha Insurance Company and Lumbini General Insurance Company

NEPSE listing of bonus shares of Sagarmatha Insurance Company and Lumbini General Insurance Company 1

The NEPSE has listed 16,53,699.96 unit bonus shares of Sagarmatha Insurance Company Limited (SIC).

On 11th Falgun, the firm held its 26th AGM and approved a 13.0579% dividend for fiscal year 2078/79. The board of directors resolved to distribute 12.40% bonus shares and 0.6526% cash dividend on Rs. 1.33 Arba paid-up capital. NEPSE now lists the same bonus shares.

Similarly, Lumbini General Insurance Company Limited (LGIL) has 9,17,644.50 unit bonus shares listed on NEPSE.

On 11th Falgun, the business had its 18th AGM and approved a 6.99% bonus share worth Rs. 9.17 crore and a 0.3679% cash dividend worth Rs. 48.29 crore on a paid-up capital of Rs. 1.31 Arba for the fiscal year 2078/79.

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