Kathmandu, August 10–The Board of Directors of Life Insurance Corporation (Nepal) Limited in its 94th Board meeting held on 9th August has decided to provide 36% Bonus Share and 1.89474% cash dividend.
Such decision was made to meet the tax liability for bonus share on paid up capital of Rs. 1, 33,46,77,500/- from profits of fiscal year 2073/74. The decision will come into force subject after being approved by the Beema Samiti as well as the upcoming 16th Annual General Meeting Life Insurance.
