Nepal Reinsurance Company Limited (NRIC) sets a promising tone for investors with the listing of 58,10,437.50 units of bonus shares on NEPSE, reflecting the company’s commitment to shareholder value. NRIC’s 18th Annual General Meeting, held on the 15th of Ashad, marked a significant milestone as it endorsed a 5% dividend for the fiscal year 2078/79. Furthermore, the board of directors, in its 453rd meeting on Baisakh 17, decided to distribute 4.75% in bonus shares along with 0.25% cash dividend (intended for tax purposes), sourced from the company’s substantial paid-up capital of Rs. 12,23,25,00,000. This strategic move not only showcases NRIC’s dedication to rewarding its investors but also underscores its financial strength and stability in the insurance sector, making it an attractive proposition for those seeking sound investment opportunities.
Highlights:
- SKBBL Lists 47,47,555.941 Unit Bonus Shares on NEPSE
- Sanima Bank Lists 1,12,14,103.55 Units of Bonus Shares on NEPSE
- Samata Gharelu Laghubitta and Mahuli Laghubitta Bonus Shares Listed on NEPSE
- RMDC Laghubitta Bittiya Sanstha Limited Lists 32.26 Lakh Unit Bonus Shares on NEPSE
- Reliance Finance Limited’s 6.84% Bonus Shares Listed on NEPSE Following AGM