Sanima Reliance Life Insurance Limited Bonus Shares Listed on NEPSE

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Sanima Reliance Life Insurance Limited Bonus Shares Listed on NEPSE

Sanima Reliance Life Insurance Limited (SRLI) has successfully listed 76,90,652 unit bonus shares on the Nepal Stock Exchange (NEPSE).

Key Highlights

  1. Dividend Announcement
    • The company approved an 18.3811% dividend for FY 2079/80.
    • This includes bonus shares worth NPR 76.90 Crores, based on the paid-up capital of Rs. 4.18 Arba.
  2. AGM and Board Decision
    • The 7th Annual General Meeting (AGM) took place on 23rd Ashwin, 2081.
    • The board of directors made the dividend distribution decision during its 30th meeting on Bhadra 30, 2081.
  3. NEPSE Listing
    • The bonus shares, representing an 18.3811% share distribution, are now officially listed on NEPSE and ready for trading.

Conclusion

This listing marks a significant milestone for shareholders of SRLI, enhancing their investment value and liquidity in the secondary market.