NEPSE adjusts stock price of Neco Insurance

Jan 29, 2025 08:22 AM Merolagani



Nepal Stock Exchange (NEPSE) has adjusted the stock price of Neco Insurance (NIL) on January 29 following its book close for upcoming right issue.

The stock exchange adjusted the stock price at Rs 771.12 after adjusting 25 percent right shares. The last trading price of the company is Rs 938.90 on January 28.

The company is issuing 25 percent right shares of its paid-up capital of Rs 2.01 billion. Accordingly, it is issuing 5,030,901.55 units of right shares worth Rs 503 million at a ratio of 4:1.




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