Bonus Share and FPO of Nepal Life Insurance Co. Ltd.
Nepal Life Insurance Co. Ltd. has informed NEPSE on 2072-12-17 at 11:35 AM that the BOD meeting of the company held on 2072-12-16 has decided to propose 25% stock dividend and 1.3158% cash dividend (for tax purpose) to its shareholders.The same meeting has decided to Issue FPO to maintain the promoter public capital structure as 70:30. Both the declarations are subject to the approval of concerned authorities and its upcoming AGM.