NEPSE Adjusts Stock Price of Butwal Power

Dec 25, 2019 10:59 AM Merolagani

Nepal Stock Exchange (NEPSE) has adjusted the stock price of Butwal Power Company (BPCL) following its book close for the upcoming AGM.

The stock exchange has adjusted the stock price at Rs 320 after adjusting 10 percent stock dividend.

The company is conducting its 27th AGM to be held on January 9 in Karki Banquet, Babarmahal, Kathmandu.

The meeting will endorse a proposal of distributing 28 percent dividend including 18 percent cash and 10 percent stock dividend to its shareholders.

Presently, the company has a paid-up capital of Rs 2.44 billion that will reach Rs 2.68 billion after the bonus share distribution.

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