Adjusted Price of Prime Life Insurance and Jebils Finance

Aug 30, 2017 Merolagani



Nepal Stock Exchange (NEPSE) has adjusted the share price of Prime Life Insurance (PLIC) and Jebils Finance (JEFL) on Wednesday, August 30. The share price of PLIC and JEFL got adjusted after announcement of 25 percent bonus and 100 percent right shares respectively.

The stock exchange has provided the adjusted price of Rs 2,147 to Prime Insurance with a base price of Rs 1,173 while the adjusted price for Jebils Finance is Rs 169 with a base price of Rs 170.

The Prime Life Insurance is endorsing 25 percent bonus share and Rs 5.72 million for tax purpose from the AGM to be held on September 12. Moreover, the company also proposed of issuing 160 percent right shares of the paid-up capital maintained after the bonus distribution.

In the mean time, Jebils Finance is issuing 1:1 right shares from September 17.




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