On the day, NEPSE adjusted the stock price of Shine Resunga Development Bank at Rs 449.51 after adjusting 3 percent stock dividend. The last trading price of the stock was Rs 463 on December 17.
The bank is conducting 16th AGM on January 3, in Dreamland Gold Resort and Hotel, Manigram, Rupandehi at 11 am.
The meeting will endorse a proposal of distributing 3 percent stock and 5 percent cash dividend including tax to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition and amend article and memorandum of association and appoint an auditor.
