IME General Insurance adjusted share prices; AGM to be held on Baisakh 12
Kathmandu, April 15
The Nepal Stock Exchange (NEPSE) has adjusted the price of bonus shares of IME General Insurance Limited on Thursday. After the adjustment of 7 percent bonus shares, Nepse fixed the share price of the company to Rs. 1,175 per unit.
On the previous trading day, i.e on Tuesday, the share price was rS. 1,257. Nepse has adjusted the share price after the company book-closed on Thursday for dividend and general meeting purposes.
The company will distribute 7 percent bonus shares and 0.37 percent cash dividend (for tax purposes) to the shareholders from last year’s profit this year. The company has convened a general meeting on Baisakh 12 to pass the resolution. The meeting will be held at the company’s central office in Naxal, Kathmandu.