NEPSE Adjusts Stock Price of Shine Resunga

Dec 27, 2022 09:59 AM Merolagani



Nepal Stock Exchange (NEPSE) has adjusted the stock price of Shine Resunga Development Bank on December 27 following its book close for the upcoming AGM.

NEPSE adjusted the stock price at Rs 303.62 after adjusting 13.30 percent stock dividend. The last trading price of the stock was  Rs 344 on December 26.

The bank is conducting its 14th annual general meeting (AGM) on January 9 in Gold Resort and Hotel, Manigarm, Rupandehi at 11 AM.

The meeting will endorse a proposal of distributing 13.30 percent stock and cash dividend of 0.70 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition process and appoint an auditor.




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