Nepal Stock Exchange (Nepse) has adjusted stock price of Nadep Laghubitta Bittiya Sanstha Limited for 15% Bonus share.
The Adjusted Price is Rs.532.17 for 15% bonus share. Its Average base price is Rs.472.64. Price before book close Rs.612.
Adjustment formula = Price before book close / 1 + Bonus %
Bonus share will be distributed to shareholders after the approval from annual general meeting.
Nepse has adjusted stock price of Everest Insurance Company Limited for 300% right share.
The Adjusted Price is Rs.322.5 for 300% right share. Its Average base price is Rs.837.66. Price before book close Rs.990.
Adjustment formula = Price before book close + 100 x right share% / 1 + right share %
Right share will be issued soon for those shareholders who hold shares before book close.
