Price Adjustment for 16.5% of Bonus Share of Nepal Reinsurance Company Ltd.

Price Adjusted - NRIC | Adjusted Price for Nepal Reinsurance Company Ltd. is Rs. 1104.72 for 16.5 % of Bonus Share.

Price Adjustment for 16.5% of Bonus Share of Nepal Reinsurance Company Ltd.

Nepal Stock Exchange (NEPSE) has adjusted the stock price of Nepal Reinsurance Company Ltd. (NRIC).

The adjusted price of Nepal Reinsurance Company Ltd. is Rs. 1104.72 for a 16.5% of bonus share on the previous closing price of Rs. 1287.

On the last day before the book close, there was a total of 1,388 trades amounting to Rs. 128,491,939.80 and 99,743 total shares traded.

As per the 374th Board Meeting of Nepal Reinsurance Company Ltd., the company has approved the following dividends for the FY 2077/78 on its current capital to shareholders:

  • Total Dividend: 19%
  • Bonus Share: 16.5%
  • Cash Dividend: 2.5%

The meeting also decided to hold its 6th Annual General Meeting (AGM) on 6 January 2022. The AGM will be held on the following date, time, and venue:

  • Date: 2022 January 6 (2078 Poush 22)
  • Time: 11:00 AM Nepal Time
  • Venue: Karki Banquet, Babarmahal, Kahtmandu