Nepse adjusts stock price of Nepal Insurance for bonus share

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price adjustment

Nepal stock exchange (Nepse) has adjusted stock price of Nepal Insurance Company Limited for 7.50% Bonus share.

The Adjusted Price is Rs.321.86 for 7.50% bonus share. Price before book close Rs.346.

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

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