NEPSE Adjusts Stock Price of Surya Life

Jun 11, 2019 Merolagani

Nepal Stock Exchange (NEPSE) has adjusted the stock price of Surya Life Insurance Company (SLICL) after 12 percent stock dividend announcement.

The stock exchange has adjusted the stock price at Rs 500 with an average base price of Rs 613.61.

The last trade price of the stock was Rs 560 on June 10. The company closed its book today for its upcoming AGM on June 26.

The company is conducting its 11th AGM on June 26 at Company Registrar Office, Biratnagar. The meeting will endorse a proposal of distributing stock dividend worth Rs 135.8 million and cash dividend worth Rs 7.1 million.

After the bonus share distribution, the paid-up capital of the company will reach Rs 1.26 billion.

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