NEPSE Adjusts Stock Price of Nepal SBI

Jan 02, 2019 Merolagani

Nepal Stock Exchange (NEPSE) has adjusted the stock price of Nepal SBI Bank (SBI) on Wednesday. The stock exchange adjusted the stock price of Nepal SBI Bank after adjusting 5 percent bonus share.

NEPSE adjusted the stock price at Rs 403.81 with an average base price of Rs 625.90.

Nepal SBI Bank is conducting its 25th AGM on January 14 in Tribhuwan Army Officers' Club, Bhadrakali, Kathmandu at 11:00 AM.

The meeting is supposed to endorse a proposal of distributing 5 percent stock and 10.79 percent cash dividend including tax to its shareholders.

Moreover, the bank is supposed to amend its article of association and regulations and delegate authority to BOD to fulfill legal requirement as per regulatory body.

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