NEPSE adjusted the stock price of Aadarsha Laghubittat Rs 1,375 after adjusting 20 percent stock dividend. The last trading price of the stock was Rs 1,650 on January 27.
NEPSE adjusted the stock price of Global IME Laghubitta at Rs 895.98 after 12 percent stock dividend. The last trading price of the stock was Rs 1,350 on January 27.
Aadarsha Laghubitta is conducting its 5th AGM in Gautam Village Resort, Sinagal, Kavrepalanchowk at 11:00 AM.
The meeting will endorse an acquisition proposal of Aadarsha Laghubitta by Deprocs Laghubitta with a swap ratio of 1:1, delegate authority to BOD to complete all acquisition procedures and start joint transaction in the name of Deprocs Laghubitta.
Moreover, the meeting will approve 20 percent stock and 1.05 percent cash dividend to its shareholders and elect two directors from ordinary shareholders.
Similarly, Global IME Laghubitta has called out 10th annual general meeting (AGM) on March 8 in Best Resort Nepal PVT Ltd, Lakeside, Pokhara at 10:00 AM.
The meeting will approve a proposal of distributing 12 percent stock and 8 percent cash dividend to its shareholders. Moreover, the meeting will delegate authority to BOD to forward merger/acquisition process, amend article and memorandum of association and appoint and auditor.