Shikahar Insurance to distribute 30.8% dividend

Kathmandu December 23- BoD Meeting of shikhar insurance proposed to distribute 30.8% Bonus Shares on current paid up capital which is 26.31% on total paid up capital after FPO, to their shareholders.

The proposed dividend is subjected to approve from Beema Samiti and its forthcoming AGM.

Company has assured that shareholders from FPO will also receive bonus Shares. After the bonus share is distributed, the paid up capital of the company will reach Rs. 516.1 million including capital raised from FPO.