NEPSE Adjusts Stock Price of Ridi Hydropower

Dec 05, 2019 10:04 AM Merolagani

Nepal Stock Exchange (NEPSE) has adjusted the stock price of Ridi Hydropower following its book close for upcoming AGM.

The local bourse adjusted the stock price at Rs 68.57 after adjusting 5 percent bonus shares.

The company is conducting its 18th AGM on December 20 in Baneshwor Banquet, Thapagaun, Kathmandu at 12:30 PM.

The AGM will endorse a proposal of distributing 5.26 percent dividend including 5 percent stock and 0.26 percent cash dividend for tax propose.

Presently, the company has a paid-up capital of Rs 531.1 million that will reach Rs 557.6 million after the bonus share distribution.

 

 

 

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