NEPSE has adjusted the stock price of Hydroelectricity Investment and Development Company (HIDCL) at Rs 177.14 after adjusting 5 percent stock dividend. The last trading price of the stock is Rs 183 on December 28.
The company is conducting its 11th AGM on January 10 in Arpan Banquet, Thapagaun, New Baneshwor, Kathmandu at 10:00 AM. The meeting will endorse a proposal of distributing 5 percent stock and 0.26 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to amend article and memorandum of association, elect an independent director and appoint an auditor.
Similarly, NEPSE has adjusted the stock price of Miteri Development Bank (MDB) at Rs 364.93 after adjusting 12.35 percent stock dividend. The last trading price of the stock is Rs 410 on December 28.
The bank is conducting its 17th annual general meeting (AGM) on January 11 in Sunsari Udhyog Banijya Sangh, Dharan, Sunsari at 11:00 AM. The meeting will endorse a proposal of distributing 12.35 percent stock and 0.65 percent cash dividend to its shareholders. The meeting will also delegate authority to BOD to forward merger/acquisition proposal, approve financial reports of last FY, appoint and auditor, and elect three directors from promoter shareholders.
Likewise, NEPSE has adjusted the stock price of Nepal Bank (NBL) at Rs 280.88 after adjusting 2 percent stock dividend. The last trading price of the stock is Rs 286.80 on December 28.
The bank is conducting its 63rd annual general meeting (AGM) on January 13 in its headoffice at Dharmapath, Kathmandu at 11:00 am. The meeting will endorse a proposal of distributing 2 percent stock and 10 percent cash dividend to its shareholders.
Moreover, NEPSE has adjusted the stock price of Prime Commercial Bank (PCBL) at Rs 220.10 after adjusting 4 percent stock dividend. The last trading price of the stock is Rs 228.90 on December 28.
The bank is conducting its 15th annual general meeting (AGM) on January 12 in Karki Banquet at Babarmahal, Kathmandu at 11:00 am. The meeting will endorse a proposal of distributing 4 percent stock and 4.95 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners, amend article and memorandum of association and elect directors.
