NEPSE Adjusts Stock Price of Nagbeli Laghubitta

Mar 13, 2019 Merolagani

Nepal Stock Exchange (NEPSE) has adjusted stock price of Nagbeli Laghubitta Bittiya Shastha (NBBL). The stock exchange adjusted the stock price after announcement of 9.38 percent bonus share.

As per the NEPSE, it adjusted the stock price at Rs 628.09 with an average base price of Rs 1231.05.

The company is conducting its 9th AGM on March 29 in Aadarsha Banquet, Jhapa, Birtamod at 11:30 AM.

The meeting is supposed to endorse a proposal of distributing 9.38 percent stock and 0.49 percent cash dividend to its shareholders.

Moreover, the AGM will also approve a proposal of issuing 4:1 right share of the paid-up capital maintained after the bonus share distribution.

The company closed its book on March 13, thus, the shareholders registered in its book till March 12 are eligible to attend the AGM and obtain the announced dividend.

 

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