NEPSE adjusted the stock price of NIC Asia Bank at Rs 590.31 after adjusting 29 percent stock dividend. The last trading price of the stock was Rs 761.50.
The bank is conducting its 26th annual general meeting (AGM) on October 15 in Army Officers Club, Bhadrakali, Kathmandu at 9 am. The meeting will endorse a proposal of distributing 29 percent stock and 1.5263 percent cash dividend to its shareholders. The meeting will also approve change in authorized, issued and paid-up capital. Moreover, the meeting will delegate authority to BOD to make required adjustment in article and memorandum of association as per regulatory direction.
Similarly, NEPSE adjusted the stock price of Everest Bank (EBL) at Rs 514.55 after adjusting 10 percent stock dividend. The last trading price of the stock was Rs 566.
The bank is conducting its 29th annual general meeting (AGM) on October 17, in Lainchaur Banquet, Kathmandu at 11 am. The meeting will endorse a proposal to distribute 10 percent stock and 10.53 percent cash dividend to its shareholders.Moreover, the meeting will approve the proposal of amending the article and memorandum of association, appointment of directors and appointment of auditor.
