NEPSE Adjusts Stock Price of Global IME Laghubitta

Nov 11, 2019 11:34 AM Merolagani

Nepal Stock Exchange (NEPSE) has adjusted stock price of Global IME Laghubitta (GILB).

The local bourse adjusted the stock price at Rs 745.53 after the company closes its book on November 11 for its upcoming AGM.

Global IME Laghubitta (GILB) is conducting its 7th AGM on November 25 in Gate Way Himalayan Resort, Besishahar-9, Lamjung at 11:00 AM.

The meeting will endorse a proposal of distributing 17.50 dividend to its shareholders. Moreover, the meeting will endorse a proposal of issuing 1:1 right shares.

The AGM will also delegate authority to BOD to forward merger/acquisition process with suitable partner, sign MoU and carry out all the requirements as per regulatory bodies.

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