The stock exchange adjusted the stock price at Rs 513.04 with an average base price of Rs 664.52.
Premier Insurance is conducting its 25th AGM ON July 16 in Naxal Banquet, Naxal at 11:00 AM. The meeting will endorse a proposal of distributing 84 percent bonus share to its shareholders.
After the bonus share distribution, the paid-up capital of the company will reach Rs 1.07 billion.
The company also listed the merger/acquisition agenda for the upcoming AGM of the company.
Moreover, the meeting will also delegate authority to BOD to forward the merger/acquisition process with a suitable partner.
The company closed its book on July 5, thus, the shareholders registered in its book till July 4 are eligible to attend the AGM and obtain the announced dividend.