NEPSE adjusted the stock price of Everest Bank at Rs 550 after adjusting 6 percent stock dividend. The last traded price of the stock was Rs 583on December 2.
Similarly, NEPSE adjusted the stock price of Shine Resunga Development Bank at Rs 403.86 after adjusting 10.93 percent stock dividend. The last traded price of the stock was Rs 448 on December 2.
Likewise, NEPSE adjusted the stock price of Sabaiko Laghubitta at Rs 1504.01 after adjusting 31.05 percent stock dividend. The last traded price of the stock was Rs 1971 on December 2.
Everest Bank (EBL) is conducting 27th AGM on December 16 in its head office on 10:00 AM through a virtual medium. The meeting will endorse a proposal of distributing 6 percent stock and 4.32 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to amend its article and memorandum of understanding.
Similarly, Shine Resunga Development Bank (SHINE) is conducting 13th AGM on December 15 in the Maharaja Resort, Butwal Sub-Metropolitan 11, Rupandehi at 11:00 AM. The meeting will endorse a proposal of distributing 10.93 percent stock and 0.57 percent cash dividend to its shareholders. The meeting will also delegate authority to BOD to forward merger/acquisition with suitable partners.
Likewise, Sabaiko Laghubitta (SABSL) is conducting its AGM on December 18. The meeting will endorse a proposal of distributing 32.68 percent dividend including 31.05 percent stock and 1.63 percent cash dividend for tax purposes.