NEPSE adjusted the stock price of Surya Life Insurance at Rs 635.86 after adjusting 12.70 percent stock dividend. The last trading price of the stock was Rs 720 on December 23.
Similarly, NEPSE adjusted the stock price of NMB Laghubitta Bittiya Sanstha at Rs 1,053.50 after adjusting 21.50 percent stock dividend. The last trading price of the stock was Rs 1280 on December 23.
Likewise, NEPSE adjusted the stock price of Jyoti Bikas Bank at Rs 403.15 after adjusting 11 percent stock dividend. The last trading price of the stock was Rs 447.50 on December 23.
Surya Life Insurance (SLICL) is conducting its 13th AGM on January 3 in its hotel Harrison Palace, Bajranbalimarg, Biratnagar. The meeting will endorse a proposal of distributing 12.70 percent stock and 0.6684 percent cash dividend to its shareholders.
Moreover, the meeting will change promoter and ordinary shareholders ratio to 51:49 from 60:40, elect 4 directors from promoter and 2 from ordinary shareholders, appoint an auditor and delegate authority to BOD to amend article and memorandum of association.
Similarly, NMB Laghubitta Bittiya Sanstha NMBMF) is conducting its 9th AGM on January 10 in Hotel Pokhara Grand, Pardi Pokhara, Kaski at 11:00 AM. The meeting will endorse a proposal of distributing 21.50 percent stock and 1.13 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners and appoint an auditor for the current FY.
Jyoti Bikas Bank (JBBL) is conducting its 14th AGM on January 7 in Lisara Reception, Bhagwati Bahal-Naxal at 11:00 AM. The bank will endorse a proposal of distributing 11 percent stock and 4.5 percent cash dividend to its shareholders.
Similarly, the meeting will also delegate authority to BOD to forward merger/acquisition with suitable partners and amend its article and memorandum of association as per the requirement of regulatory bodies.
