Sagarmatha Insurance (SIC) Price Adjustment in Nepse

Price adjustment in Nepse

The share price of Sagarmatha Insurance Company Limited has been adjusted by the Nepal Stock Exchange (NEPSE) (SIC).

Nepse has set the share price of Sagarmatha Insurance Company Limited (SIC) at Rs 1400 in order to account for 11% of bonus shares.

The closing price of SIC before the adjustment was Rs 1554.

Sagarmatha Insurance announced an 11 percent bonus share and a 0.5789 percent cash dividend to shareholders beginning in fiscal year 2076/77. On Ashad 30, 2078 BS, the company will hold its 24th Annual General Meeting (AGM).