NEPSE Adjusts Stock Price of  Guheshwori Merchant and Finance

Feb 03, 2023 09:36 AM Merolagani

Nepal Stock Exchange (NEPSE) has adjusted the stock price of Guheshwori Merchant Banking and Finance (GMFIL) on February 3 following its book close for the upcoming AGM.

NEPSE adjusted the stock price at Rs 342.72 after adjusting 6.50 percent stock dividend. The last trading price of the stock was Rs 365 on February 2.

The finance company is conducting its 21st AGM on February 10 in Guheshwori Bhawan, Harihar Bhawan, Kathmandu at 10 AM.

The meeting will endorse a proposal of distributing 6.50 percent stock and 0.34 percent cash dividend to its shareholders.

Moreover, the meeting will delegate authority to BOD to forward merger/acquisition with suitable partners, and elect three promoter, two ordinary and one independent director. 

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