NEPSE adjusts stock price of Nepal Hydro Developer

Dec 23, 2024 07:48 AM Merolagani
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Nepal Stock Exchange (NEPSE) has adjusted the stock price of Nepal Hydro Developer (NHDL) following its book close for upcoming AGM.

On the day, NEPSE adjusted the stock price at Rs 687.04 after adjusting 8 percent stock dividend. The last trading price of the stock was Rs 742 on December 22.

The company is conducting its 18th AGM on January 9 at 11 am in Lisara Reception, Naxal, Kathmandu.

The meeting will endorse a proposal of distributing 8 percent stock and 0.42 percent cash dividend for tax purposes. Moreover, the meeting will delegate authority to BOD to amend article and memorandum of association and elect an auditor.