Nepal Stock Exchange (NEPSE) has adjusted the stock price of two companies including National Life Insurance and Prabhu Life Insurance following their book close for upcoming AGM.

The stock exchange adjusted the stock price of National Life Insurance at Rs 601.67 after adjusting 8 percent stock dividend. The last trading price of the stock was Rs 649.80 on May 24.

The stock exchange adjusted the stock price of Prabhu Life Insurance at Rs 428.05 after adjusting 9.80 percent stock dividend. The last trading price of the stock was Rs 470 on May 24.

National Life Insurance is conducting its 35th AGM in its headoffice, Lazimpat on June 5 at 10:30 AM. The meeting will endorse a proposal of distributing 8 percent stock and 6.5 percent cash dividend to its shareholders. Moreover, the meeting will appoint an auditor and approve financial reports of the last FY.

s The company is conducting its 35th AGM in its headoffice, Lazimpat on June 5 at 10:30 AM.

The meeting will endorse a proposal of distributing 8 percent stock and 6.5 percent cash dividend to its shareholders. Moreover, the meeting will appoint an auditor and approve financial reports of the last FY.

Similarly, Prabhu Life is conducting its 5^th AGM in Lainchaur Banquet, Lainchaur at 11 AM. The meeting will endorse a proposal of distributing 9.8 percent stock and 0.5158 percent cash dividend for tax purposes as well as merger proposal with Mahalaxmi Life Insurance.