NEPSE adjusted the stock price of Nepal Investment Bank (NIB) at Rs 391.86 after adjusting 10.5 percent stock dividend.
The bank is conducting its 33rd AGM on January 13 in Rastriya Sabhagriha, Pradarshani Marg, Kathmandu at 10:00 AM.
The AGM is supposed to endorse a proposal of distributing 10.5 percent stock and 8.5 percent cash dividend to its shareholders.
Moreover, the meeting will delegate authority to BOD to identify a potential partner for merger or acquisition, sign MoU, appoint evaluator for DDA and to forward any procedure required by regulatory bodies regarding the merger, acquisition, and others.
Presently, the company has a paid-up capital of Rs 12.86 billion that will reach Rs 14.22 billion after the bonus share distribution.
Similarly, NEPSE adjusted the stock price of Prime Commercial Bank (PCBL) at Rs 240.52 after adjusting 16 percent stock dividend.
The bank is conducting its AGM on January 10 in Rastriya Sabhagriha, Pradarshani Marg at 10:00 AM.
The meeting will endorse a proposal of acquiring Kailash Bikas Bank with a swap ratio of 100:94. Moreover, the meeting will approve a proposal of distributing 16 percent stock dividend.
Presently, the bank has a paid-up capital of Rs 9.68 billion, which will reach Rs 11.23 billion after the bonus share distribution.
NEPSE adjusted the stock price of Support Microfinance Bittiya Sanstha(SMB) at Rs 547.27 after adjusting 10 percent stock dividend.
The company is conducting its AGM on January 14 in Hotel Pathivara International, Itahari at 11:00 AM.
The AGM will endorse a proposal of distributing 10.526 percent dividend including 10 percent stock and 0.526 percent cash dividend for tax purpose.
Likewise, the local bourse adjusted the stock price of Mahuli Samudayic Laghubitta Sanstha (MSLB) at Rs 750.83 after adjusting 20 percent stock dividend.
The company is conducting its 7th AGM on January 11 in the head office of the company at Saptari.
The meeting will endorse a proposal of distributing 20 percent stock and 11.579 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition process with a suitable partner.
Presently, the company has a paid-up capital of Rs 102 million that will reach Rs 122.4 million after the bonus share distribution.
NEPSE adjusted the stock price of Sana Kisan Laghubitta Bittiya Sanstha (SKBBL)at Rs 784.28 after adjusting 27.25 percent stock dividend.
The company is conducting its AGM on January 11 in Nepal Prasasanik Prashikchyan Pratisthan, Jawalakhel at 11:00 PM.
The meeting will approve a proposal of distributing 27.25 percent stock and 1.43 percent cash dividend for tax purpose.
Presently, the company has a paid-up capital of Rs 176 million that will reach Rs 1.01 billion after the bonus share distribution.
NEPSE adjusted the stock price of Janaki Finance (JFC) at Rs 163.11 after adjusting 22 percent stock dividend.
The company is conducting its AGM on January 9 in Hotel Manaki International, Shivachowk, Janakpurdham at 10:00 AM.
The meeting will endorse a proposal of distributing 23.16 percent dividend including 22 percent stock and 1.13 percent cash dividend for tax purpose.
Similarly, the meeting will delegate authority to BOD to forward merger/acquisition process with a suitable partner, appoint an auditor and approve financial reports of the last FY.
The paid-up capital of Janaki Finance will reach Rs 600.4 million after bonus share distribution.
NEPSE adjusted the stock price of United Finance (UFL) at Rs 171.84 after adjusting 3 percent stock dividend.
The company is conducting its 25th AGM on January 14 in Karki Banquet, Babarmahal at 11:00 AM.
The meeting will endorse a proposal of distributing 3 percent stock and 6.52 percent cash dividend to its shareholders. Moreover, the meeting will elect one board of directors from its Indian partner Muthoot Finance, three from promoters and 2 from general shareholders.
Presently, the company has a paid-up capital of Rs 1.01 billion that will each Rs 1.04 billion after the bonus share distribution.