NEPSE Adjusts Stock Price of Nadep Laghubitta

Jan 17, 2022 09:49 AM Merolagani

Nepal Stock Exchange (NEPSE) has adjusted the stock price of Nadep Laghubitta Bittiya Sanstha (NADEP) on January 17 following its book close for the upcoming AGM.

The local bourse adjusted the stock price at Rs 865.83 after adjusting 20 percent stock dividend. the last trading price of the stock was Rs 1,039 on January 16.

Nadep Laghubitta is conducting its 7th AGM on January 28 in Naubise Agro Resort, Naubise, Dhading at 11:00 AM through virtual medium.

The meeting will endorse a proposal of distributing 20 percent stock and 1.053 percent cash dividend for tax purposes.

Moreover, the meeting will approve all the activities related to the suspension of acquisition with Deprosc Laghubitta, elect four directors from promoter shareholders and delegate authority to BOD to forward merger/acquisition with suitable partners.

comments powered by Disqus

Development Banks Record Minimal Degrowth

Apr 24, 2024 06:56 AM

The net profit of development banks has declined less compared to commercial banks and finance companies in the third quarter.

Gold and Silver Price Decline

Apr 25, 2024 10:37 AM