On the day, NEPSE adjusted the stock price of Gurans Laghubitta at Rs 1,591 after adjusting 14.25 percent stock dividend. The last trading price of the stock was Rs 1,818.80 per unit on October 1.
Similarly, NEPSE adjusted the stock price of Prabhu Mahalaxmi at Rs 550 after adjusting 10 percent stock dividend. The last trading price of the stock was Rs 605 per unit on October 1.
Gurans Laghubitta Bittiya Sanstha (GLBSL) is conducting 9th AGM on October 15 in Hotel Kanjirowa, Dhankuta Municipality ward no 1, Hile Dhankuta at 9 am.
The meeting will endorse a proposal of distributing 14.25 percent stock and 0.75 percent cash dividend for tax purposes to its shareholders. similarly, the company will delegate authority to BOD to forward merger/acquisition and amend article and memorandum of association and appoint an auditor.
Similarly, Prabhu Mahalaxmi Life Insurance (PMLI) is conducting 7th AGM on October 9 in Amrapali Banquet, Bhatbhateni, Kathmandu at 11 am.
The meeting will endorse a proposal of distributing 10 percent stock and 0.526 percent cash dividend to its shareholders.
Similarly, the meeting will approve proposal of issuing 7 percent right shares of the paid-up capital maintained after the bonus share distribution.
Moreover, the meeting will amend article and memorandum of association and appoint an auditor.
