The news is circulating about the stock split of NLG Insurance Limited. The company has asked the Insurance Authority to clarify the process of stock split.
Before NLG Insurance, Nepal Life Insurance (NLIC) had proposed to split stock. But the insurance authority stopped the process. Now, NLG is also planning for it but there are no clear policies for stock split at SEBON.
If this succeeds, it will mark a new milestone in the stock market of Nepal.
Here, we have covered these topics in detail.
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