Nepse adjusts stock price of Surya Life Insurance for Bonus share

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price adjustment

Nepal stock exchange (Nepse) has adjusted stock price of Surya Life Insurance Limited for 12% Bonus share.

The Adjusted Price is Rs.500 for 12% bonus share. Its Average base price is Rs.613.61.

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

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