Reliable Nepal Life Insurance (RNLI) Share Price Adjusted After Bonus Announcement

Kathmandu, June 9, 2025 – Nepal Stock Exchange (NEPSE) has adjusted the share price of Reliable Nepal Life Insurance (RNLI) on Monday, Jestha 26, following the company’s book closure for its Annual General Meeting (AGM) and dividend distribution.

As per NEPSE, the adjustment was made after the company announced a 12% bonus share distribution. Following the adjustment, the new base price of RNLI has been set at Rs. 452.67, revised down from the last traded price of Rs. 506.99 recorded on Sunday. This adjusted price will be used as the opening reference for trading on the adjustment day.

The company's 8th AGM is scheduled to be held on Asar 2 at Amrapali Banquet, Bhatbhateni, Kathmandu, beginning at 11:00 AM. The meeting will endorse the proposal of distributing 12% bonus shares and 0.63% cash dividend for tax purposes, based on the current paid-up capital.

In addition, the AGM will also authorize the board to amend the company’s Memorandum and Articles of Association, appoint an auditor for the upcoming fiscal year, and pass other standard resolutions.