NEPSE Adjusts Stock Price of 5 companies

Jan 05, 2022 09:42 AM Merolagani

Nepal Stock Exchange (NEPSE) has adjusted stock price of five companies including Janautthan Laghubitta, Kalika Laghubitta, Pokhara Finance and Multipurpose Finance and Chhyandi Hydropower following their book close for upcoming AGM and right issue.

NEPSE adjusted the stock price of Janautthan Samudayik Laghubitta Bittiya Sanstha (JSLBB) at Rs 2383.20 after adjusting 25 percent stock dividend. The last trading price of the stock was Rs 2979 on January 4.

NEPSE adjusted the stock price of Kalika Laghubitta (KMCDB)at Rs 1163.72 after adjusting 13 percent stock dividend. The last trading price of the stock was Rs 1315 on January 4.

NEPSE adjusted the stock price of Pokhara Finance (PFL)  at Rs 441.43 after adjusting 8.075 percent stock dividend. The last trading price of the stock was Rs 476 on January 4.

NEPSE adjusted the stock price of Multipurpose Finance Company (MPFL) at Rs 416.81 after adjusting 13 percent stock dividend. The last trading price of the stock was Rs 471 on January 4.

NEPSE adjusted the stock price of Chhyangdi Hydropower (CHL) at Rs 396.15 after adjusting 30 percent right shares. The last trading price of the stock was Rs 485 on January 4.

Janautthan Samudayik Laghubitta Bittiya Sanstha (JSLBB) is conducting its 9th AGM in its head office at Duhabi, Sunsari  at 11:00 AM. The meeting will endorse a proposal of distributing 25 percent stock and 1.3157 percent cash dividend to its shareholders.

The meeting will also delegate authority to BOD to forward merger/acquisition with suitable partners and amend its article and memorandum of association to increase its issued and paid-up capital and elect board of directors.

Kalika Laghubitta (KMCDB)  is conducting its 12th AGM on January 14 in Hotel Task International Pvt. Ltd in Buddhachowk, Kaski. The meeting will endorse a proposal of distributing 13 percent stock dividend to its shareholders.

Moreover, the meeting will restructure its shareownership ratio to 54.52:45.48 of promoter and ordinary shareholders and delegate authority to BOD to forward merger/acquisition with suitable partners.

Pokhara Finance (PFL) is conducting its 25th AGM on January 14 in Durbarthok Banquet, Bastolathar, Pokhara. The meeting will endorse a proposal of distributing 8.075 percent stock and 0.425 percent cash dividend to its shareholders.

Multipurpose Finance Company (MPFL) is conducting its 24th AGM in its head office at Rajbiraj, Saptari on January 14. The meeting will endorse a proposal of distributing 13 percent stock and 0.526 percent cash dividend for tax purposes to its dividend.

Furthermore, Chhyangdi Hydropower (CHL) is issuing 30 percent right shares to its existing shareholders. The company is closing the book on January 5, thus, the shareholders registered in its book till today will be eligible apply for the right shares.

 

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