Nepse adjusts stock price of National Life Insurance for bonus share

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National life insurance

Nepal stock exchange (Nepse) has adjusted stock price of National Life Insurance Company Limited for 13.50% Bonus share.

The Adjusted Price is Rs.589.43 for 13.50% bonus share. Its Average base price is Rs.990.71.

Adjustment formula = Price before book close / 1 + Bonus %

Bonus share will be distributed to shareholders after the approval from annual general meeting.