Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares.

Union Life Insurance Company Limited (ULI) has requested its shareholders to pay the 8.97% bonus share tax.

On the 26th of Magh, 2079, the firm held its 5th AGM for the fiscal year 2077/78. The meeting approved 8.97% bonus shares worth Rs. 19,28,55,000 from the company’s paid-up capital of Rs. 2.15 Arba for the fiscal year 2077/78.