Nepse adjusts stock price of Sunrise bank for bonus share

price adjustment

Nepal Stock Exchange (Nepse) has adjusted stock price of Sunrise Bank Limited for 10% Bonus share.

The Adjusted Price is Rs. 217.27 for 10% bonus share.

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

It has announced 10% bonus share & 5.80% cash dividend for shareholders from the income of FY 2075/76. Bonus share will be distributed to shareholders after the approval from annual general meeting.

AGM will be held on 15 Kartik 2076 at Naxal Banquet, Naxal Kathmandu, 10:00 am.

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