NEPSE Adjusts Share Price of Bhargav Bikas Bank

Oct 05, 2018 Merolagani

Nepal Stock Exchange (NEPSE) has adjusted the share price of Bhargav Bikas Bank (BHBL) after the announcement of 5.56 percent bonus share.

The local bourse has adjusted the stock price at Rs 148.74 with a base price of Rs 194.87.

Bhargav Bikas Bank is conducting its 10th AGM to be convened on October 13 in Kitchen Hut Pvt. Ltd. at 11:00 AM.

The meeting is supposed to endorse a proposal of distributing 5.5556 percent stock and 0.2924 percent cash dividend for tax purpose.

 Moreover, the meeting will approve proposals of amending its MoA and policies, delegate authority to the BOD to make necessary amendments in the MoA and AoA as per requisites of regulatory bodies and others.

The company is closing its book on October 5 for the AGM purpose, thus, the shareholders registered in its book till October 4 are eligible to attend the AGM and obtained the announced dividend.


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