NEPSE Adjusts Stock Price of Reliance Finance

May 27, 2019 Merolagani

Nepal Stock Exchange (NEPSE) has adjusted the stock price of Reliance Finance (RLFL).

NEPSE adjusted the stock price at Rs 125.89 with a base average price of Rs 150.95.

Reliance Finance is conducting its 8th and 9th AGM on June 10 at Lanchaur Banquet, Kathmandu at 11:00 AM.

The company is endorsing a proposal of distributing 12 percent stock and 0.63 percent cash dividend for tax purpose for the FY 2073/074 through the meeting.  Moreover, the meeting will also endorse a proposal of distributing 2.63 percent cash dividend of the paid-up capital maintained after bonus share of FY 2073/74 for the FY 2074/75.

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