Share MarketAdjustment of share price of two microfinance and one commercial bank

Adjustment of share price of two microfinance and one commercial bank

Share prices of one commercial bank and two microfinance companies have been adjusted on the Nepal Stock Exchange (NEPSE). Share prices of Nepal Credit and Commerce Bank, Vijay Laghubitta and Mahuli Laghubitta have been adjusted in Nepse on this day.

For the purpose of AGM and dividend distribution, after these companies have book-closed and Nepse has fixed the new price by adjusting the share price.

Today, Nepse adjusted 8 percent bonus shares of Nepal Credit and Commerce Bank, 20.03 percent bonus shares of Vijay Laghubitta and 26 percent bonus shares of Mahuli Laghubitta. After the adjustment, the share price of Nepal Credit and Commerce Bank is at Rs 263.43, Vijay Laghubitta is at Rs 1,272.18 and Mahuli Laghubitta is at Rs 1,502.38.

Nepse has adjusted the share price of these companies based on the last price of the previous trading day. On the previous trading day, Sunday, Nepal Credit and Commerce Bank had last traded at Rs 284.50 per share, Vijay Microfinance at Rs 1,527 and Mahuli at Rs 1,893 per share in the secondary market.

Shares of these companies will be traded in the secondary market on Monday at the same adjusted price.

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