Nepal stock exchange (Nepse) has adjusted stock price of Mission Development Bank Limited for 11% Bonus share. The Adjusted Price is Rs.156.76 for 11% bonus share. Its Average base price is Rs.222.38. Price before book close Rs.174.
Adjustment formula = Price before book close / 1 + Bonus %
Bonus share will be distributed to shareholders after the approval from annual general meeting.
Stock price of Kanchan Development bank also adjusted for 5% bonus share. The Adjusted Price is Rs.171.43 for 5% bonus share. Its Average base price is Rs.193.21. Price before book close Rs.180.
Bonus share will be distributed to shareholders after the approval from annual general meeting.
