NEPSE Adjusts Share Price of Radhi Bidhyut

Jun 19, 2018 Merolagani

Nepal Stock Exchange has adjusted share price of Radhi Bidhyut Company (RADHI). The local bourse has adjusted the share price at Rs 264.82 after 10 percent bonus announcement.

NEPSE has base the price at Rs 190.91.

The company closed its book on June 19 for the upcoming AGM, thus, the shareholders registered in its book by June 18 will be eligible to attend the AGM.

The company is conducting its AGM on July 8. The board of directors of the company held on June 3 decided to call the AGM in Amritbhog Catering, Kalikasthan, Kathmandu at 11:30 AM.

The AGM is supposed to endorse a proposal of distributing 10 percent bonus share to its shareholders. Moreover, the meeting will also endorse a proposal of amending its article of association in order to increase its issue capital to Rs 1.20 billion from Rs 410 million and delegate authority to BOD for any changes to be made as per the requirement of regulatory bodies.

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