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IME General Insurance adjusted share prices; AGM to be held on Baisakh 12

IME General Insurance adjusted share prices; AGM to be held on Baisakh 12

Kathmandu, April 15

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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.

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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.