NEPSE adjusts stock price of Sanima Bank

Sep 30, 2019 11:24 AM Merolagani

Nepal Stock Exchange (NEPSE) has adjusted the stock price of Sanima Bank (SANIMA) following a book close of the bank for upcoming AGM.

The stock exchange adjusted the stock price at Rs 315.

The bank is conducting its AGM on October 16 in Naxal Banquet, Narayanchaur, Naxal at 11:00 AM. The meeting is supposed to endorse a proposal of distributing 21.0523 percent dividend including 10 percent stock and 11.0526 percent cash dividend to its shareholders.

Presently, the bank has a paid-up capital of Rs 8.12 billion that will reach Rs 8.8 billion after the bonus share distribution.

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