Reliable Nepal Life Insurance Announces 12% Bonus Shares to Investors
Kathmandu – Reliable Nepal Life Insurance Company Limited has announced a dividend payout for its shareholders from the profit of the last fiscal year.
In a meeting held on Baisakh 23 (May 6), the company’s board of directors decided to distribute a 12 percent bonus share based on the current paid-up capital. Additionally, a cash dividend of 0.6315 percent has been proposed to cover tax obligations on the bonus shares.
The proposed dividend will be distributed only after receiving approval from the upcoming Annual General Meeting (AGM) of the company and the Insurance Authority, the regulatory body overseeing Nepal’s insurance sector.
