One crore shares have been added to the Nepal Stock Exchange (NEPSE)on Thursday. Shares of Nepal Life Insurance were listed on the secondary market on Thursday.
A total of 1,79,958.93 units of bonus shares of Nepal Life Insurance have been listed. The bonus shares had been distributed to the shareholders from the profit of the company for the fiscal year2076/77.
The company had distributed 14 percent bonus share of its paid up capital and 0.74 percent cash dividend for tax purposes.
The same bonus shares were listed on Nepse on Thursday.These shares can be traded in the secondary market only after reaching the demat account of the shareholders.