Nepal stock exchange (Nepse) has adjusted stock price of Premier Insurance Company Limited for 84% Bonus share.
The Adjusted Price is Rs.513.04 for 84% bonus share. Its Average base price is Rs.664.52. Price before book close Rs.944
Adjustment formula = Price before book close / 1 + Bonus %
Bonus share will be distributed to shareholders after the approval from annual general meeting. Shareholders should pay bonus tax by themselves.
Paid up capital of company will reach to Rs.1.07 arba.
