NLG Insurance Company Limited (NLG) has successfully listed 13,26,614.36 unit bonus shares on the Nepal Stock Exchange (NEPSE). This comes after the company’s 17th Annual General Meeting, held on the 20th of Chaitra, where a 10.5263% dividend for the fiscal year 2078/79 was approved. During a board of directors meeting on Mangsir 16, it was decided to distribute this dividend on the paid-up capital of Rs. 1,32,66,14,355. The proposal included 10% bonus shares worth slightly over Rs. 13.26 crores and 0.5263% cash dividend (for tax purposes) worth Rs. 69.28 lakhs. These bonus shares are now officially listed on the NEPSE. The last trading price (LTP) of NLG as of the last trading day stood at Rs. 645.
Additionally, Laxmi Laghubitta Bittiya Sanstha Limited (LLBS) has listed 5,76,081 unit bonus shares on the NEPSE. This followed the company’s 11th Annual General Meeting, held on Falgun 29, where a 20% dividend worth Rs. 7.68 crores for the fiscal year 2078/79 was endorsed. During a board of directors meeting on Magh 04, it was decided to distribute this dividend on the paid-up capital of Rs. 38.40 crores. The proposal included 15% bonus shares worth slightly over Rs. 5.76 crores and a 5% cash dividend (for tax purposes) worth slightly over Rs. 1.92 crores. These bonus shares are now officially listed on the NEPSE. The LTP of LLBS as of the last trading day was Rs. 700.70.
Similarly, Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has listed 8,29,026.56 unit bonus shares on the NEPSE. The company approved a 20% bonus share during its 6th Annual General Meeting on the 13th of Falgun. In a board of directors meeting held on Poush 30, it was decided to distribute the 20% bonus shares worth Rs. 8,29,02,656.95 from the company’s paid-up capital. The current paid-up capital of ILBS is Rs. 41.45 crores. These bonus shares are now officially listed on the NEPSE. ILBS closed at Rs. 582 last week.
Furthermore, Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has listed 4,86,000 unit bonus shares on the NEPSE. This follows the company’s 6th Annual General Meeting, held on the 26th of Falgun, where an 18.95% dividend worth Rs. 5.11 crores for the fiscal year 2078/79 was endorsed. During a board of directors meeting on Magh 11, it was decided to distribute this dividend on the paid-up capital of Rs. 27 crores. The proposal included 18% bonus shares worth Rs. 4.86 crores and a 0.95% cash dividend (for tax purposes) worth Rs. 25.57 lakhs. These bonus shares are now officially listed on the NEPSE. The LTP of SABSL as of the last trading week was Rs. 624.