NEPSE Adjusts Stock Price of Samudayik Laghubitta

Dec 06, 2019 12:46 PM Merolagani

Nepal Stock Exchange (NEPSE) has adjusted stock price of Samudayik Laghubitta Bittiya (SLBSL) on December 6 following its book close for the upcoming AGM.

The local bourse adjusted the stock price at Rs 609.09 after adjusting 32 percent stock dividend.

The company is conducting its AGM on December 27 in Laharikharka Resort, Banepa-14, Sanga, Kavrepalanchowk at 11:00 AM.

The meeting will endorse a proposal of distributing 32 percent stock and 1.68 percent cash dividend to its shareholders.

The AGM will also approve a proposal of issuing 2:1 right shares of the paid-up capital maintained after the bonus share distribution.

Presently, the company has a paid-up capital of Rs 100 million that will reach Rs 132 million after the bonus share distribution.


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