Surya Life insurance AGM; 70 percent right after 12 percent bonus share

June 3, 2019 | Investopaper

Surya Life Insurance has published the notice for its upcoming 11th AGM. The company will conduct its 11th Annual General Meeting on Ashad 11, 2076. The meeting will take place at the Company’s registered office at Biratnagar.

For the purpose of the AGM, the shareholders’ registration book will remain closed from Jestha 28, 2076 to Ashad 04, 2076.

Surya Life Insurance has declared a 12 percent bonus share to its shareholders from the profit of F.Y. 2074/75. The company has also declared 0.6316 percent cash dividend for the tax purpose.

The general meeting will approve 70 percent right share to the shareholders after the adjustment of 12 percent bonus share. The current paid-up capital of Surya Life stands at Rs. 1.13 Arba. After the adjustment of the bonus and right share, the capital will increase to Rs. 2.15 Arba, thereby meeting the minimum paid-up capital requirements for life insurance companies.


Investopaper is a financial website which provides news, articles, data, and reports related to business, finance and economics.

Leave a Reply

Your email address will not be published.

error: Content is protected !!