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Sanima Reliance Life Insurance Limited

Sanima Reliance Life Insurance Limited Bonus Shares Listed on NEPSE

Admin CDSC 6 months ago 10

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.

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