Kathmandu. Nepal Life Insurance Company has convened an annual general meeting with a proposal to change the company's share price from Rs 100 to Rs 50 per share.

The general assembly will be held in Birgunj on Wednesday, January 11. The meeting will pass a resolution to distribute 31 percent bonus shares and 20 percent cash (for tax purposes) to the shareholders of the company from the profits of the Fiscal Year 2076/77.

The book closing date has been fixed on January 30. Shareholders who purchase shares by January 29 will receive a 51 percent dividend this year