Nepse adjusts stock price of Agriculture Development bank for bonus share

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price adjustment

Nepal Stock Exchange (Nepse) has adjusted stock price of Agriculture Development Bank Limited for 8% Bonus share.

The Adjusted Price is Rs.314.15 for 6% bonus share. Its Average base price is Rs.373.58. Price before book close Rs.333.

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

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