NEPSE Adjusts Stock Price of Siddhartha Insurance

Jun 13, 2019 Merolagani

Nepal Stock Exchange (NEPSE) has adjusted the stock price of Siddhartha Insurance (SIL) after the announcement of 15.48 percent stock dividend.

The stock exchange adjusted the stock price at Rs 471.08 after the bonus share announcement. The base average price of the stock is Rs 747.54 on the basis of trading of last 180 days.

The company is conducting its 17^th AGM on June 28. The meeting will endorse a proposal of distributing the dividend to its shareholders.

After the bonus share distribution, its paid-up capital will reach Rs 1 billion.

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