NEPSE Adjusts Stock Price of Arun Valley Hydropower

Oct 21, 2024 07:59 AM Merolagani



Nepal Stock Exchange (NEPSE) has adjusted the stock price of Arun Valley Hydropower (AHPC) on October 21 following its book close for upcoming AGM.  

On the day, the stock exchange adjusted the stock price at Rs 271.84 after adjusting 3 percent stock dividend. The last trading price of the stock was Rs 280 on October 20.

The company is conducting 27th AGM on October 30 in Hotel Cystal Pashupati, Gaushala Kathmandu at 11 am.

The meeting will endorse a proposal of distributing 3 percent stock and 0.157 percent cash dividend for tax purposes to its shareholders.

Similarly, the meeting will approve proposals of giving corporate guarantee of loans taken from BFIs to construct Likhu kHola Hydropower Project, delegate authority to BOD to amend article and memorandum of association and appoint an auditor.




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