KATHMANDU: The 19th annual general meeting of Nepal Life Insurance Company Ltd has passed a proposal to distribute 25 per cent of its paid-up capital as bonus shares to its shareholders.
After distributing the bonus shares the paid-up capital of the company will stand at Rs 54.9 billion. Currently, Nepal Life has 32 per cent market share, according to a press statement issued by the company.
The total investment of the company stands at Rs 67 billion of which Rs 59 billion is in the life insurance fund and around Rs 10.40 billion is in the shareholder fund.
The post Nepal Life’s AGM appeared first on The Himalayan Times.
from The Himalayan Times http://bit.ly/2wad7W2
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