Nepal Stock Exchange (NEPSE) has adjusted the stock price of three listed companies including Swabalamban Laghubitta, Nepal Agro Laghbitta and Shree Investment and Finance on December 17 following their book close.

NEPSE adjusted the stock price of Swabalamban Laghubitta (SWBBL) at Rs 818.25 after adjusting 26 percent stock dividend.

The company is conducting its 18th AGM on January 20 in Alice Reception, Gairidhara, Kathmandu.

The AGM is scheduled to endorse a proposal of distributing 40 percent dividend including 26 percent stock and 14 percent cash dividend including tax to the shareholders.

Moreover, the meeting will approve annual financial reports of the company, revise the amount of authorized capital in its article of association, delegate authority to BOD to amend its article of association and regulations and forward acquisition process with suitable partners.

Presently, the company has a paid-up capital of Rs 628.8 million that will reach Rs 792.3 million after the bonus share distribution.

Similarly, NEPSE adjusted the stock price of Nepal Agro Laghubitta Bittiya Sanstha (NAGRO) at Rs 626.09 after adjusting 15 percent stock dividend.

The company is conducting its 4th AGM on December 28 in City Square Pvt. Ltd. Newroad, Pokhara at 9:00 AM.

The meeting is scheduled to endorse a proposal of distributing 15 percent stock and cash dividend of Rs 393,245 to the shareholders.

The meeting will also delegate authority to BOD to amend article of association and policies and elect two directors from ordinary shareholders.

Nepal Agro Laghubitta, headquartered at Parbat and NESDO Samridha Laghubitta, headquartered at Kaski signed a merger agreement on October 4, however, no agenda regarding the merger has been listed for the AGM.

Likewise, NEPSE adjusted the stock price of  Shree Investment and Finance (SIFC) at Rs 151.44 after adjusting 2.35 percent stock dividend.

The company is conducting its 25^th AGM in Aamrapali banquet, Bhatbhateni, Kathmandu at 10:00 AM. 

The meeting will endorse a proposal of distribution13 percent dividend including 10.65 percent stock and 2.35 percent cash dividend including tax to the shareholders.

Presently, the company has a paid-up capital of Rs 810 million that will reach Rs 829 million after the bonus share distribution.

Moreover, the meeting will delegate authority to BOD to forward the merger/acquisition process with a suitable partner.