NEPSE adjusted the stock price at Rs 573.91 after adjusting 15 percent stock dividend. The last trading price of the stock was Rs 660 on December 3.
Sikles Hydropower (SIKLES) is conducting 20th and 21st AGM on December 15 in Avya Cub, Gharipatan, Pokhara, Kaski at 11 am.
The meeting will endorse a proposal of issuing15 percnet stock and 0.789 percent cash dividend for tax purposes. Moreover, the meeting will approve proposal of issuing 1:1 right share of the paid-up capital maintained after bonus share distirbution. Similarly, the meeting will endorse a proposal of delegating authority to BOD to amend article and memorandum of association and forward right issue and appoint an auditor.
