Sagarmatha Insurance Company held the 271st Board Meeting on Baisakh 26, 2076. According to the meeting, the board has proposed 86 per cent bonus shares from the profit of FY 2074/75. The bonus is subject to approval from Beema Samiti and the upcoming Annual General Meeting of the company.

The current paid-up capital of SIC is Rs. 53 crore 82 lakh 91 thousand 900. After the adjustment of bonus shares, the paid-up capital will reach Rs. 1,00,12,22,934 reaching the minimum paid-up capital requirement of Rs 1 arba.

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