The local bourse adjusted the stock price at Rs 334.55 after adjusting 10 percent stock dividend. The last trading price of the stock was Rs 368 on October 21.
Shangrila Development Bank (SADBL@) has called out 17th AGM on November 2 in Lainchaur Banquet, Lainchaur at 10:00 AM.
The meeting will endorse a proposal of distributing 10 percent stock and 0.5263 percent cash dividend to its shareholders. Similarly, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners and elect a director for the remaining term.