The local bourse adjusted the stock price at Rs 214.25 after adjusting 6 percent stock dividend. The last trading price of the stock was Rs 227.10 on June 15.
The trading of the stock has been suspended from June 14 due to ongoing merger procedure with Global IME Bank.
The bank is conducting 28th AGM in Tribhuwan Army Officers Club, Tundikhel, Kathmandu at 10:00 AM. The meeting will endorse a proposal of distributing 6 percent stock and 14.95 percent cash dividend including tax to its shareholders.
The bank will approve final agreement on merger/acquisition of Global IME and Bank of Kathmandu, assign final approval to complete the merger and approve 1:1 swap ratio.
