Life Insurance Corporation Nepal change previous announced Bonus share to 12% from 36%

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Life Insurance Corporation nepal

Life Insurance Corporation Nepal has changed in the previous announced dividend from the income of FY2073/74. Now the company has announced 12% bonus share & 0.63% cash dividend for tax purpose.

The company had announced 36% Bonus share & 1.8947% cash dividend for tax on 24 Shrawan 2075.

But due to non approval from Beema Samiti, The Company has changed 36% bonus share to 12% bonus shares and 0.63% cash dividend for tax purpose from the income of FY2073/74.

Currently, its paid up capital is Rs.1.33 arba.

dividend changed LICN