National Life Insurance Company said in a statement that it would be issuing bonus shares in the ratio of 1:1 to its shareholders. The company said that its 20th annual general meeting, held Thursday, had taken the decision. The meeting also approved a proposal to issue right shares in the ratio of 1:1 after the issuance of the bonus shares to raise the paid up capital. Over the last fiscal year, the insurance earned a net profit of Rs 30.07 million.
Source: eKantipur
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Monday, June 16, 2008
National Life to issue bonus shares
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to get the bonus shares ratio of 1:1,till what date I have to buy the National Life Insurance Comapany's stock and by what date they will issue the bonus shares? Please advice....
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