Nepal Stock Exchange (Nepse) has adjusted stock price of two commercial banks for bonus shares.
The adjusted price for NIC Asia Bank Limited is Rs.407.27 for 10% of Bonus Shares from the income of FY 2075/76.
The adjusted price for Kumari Bank Limited is Rs.184.55 for 10% of Bonus Shares from the income of FY 2075/76.
Adjustment formula = Price before book close / 1 + Bonus %
Dividend will be distributed to shareholders after the approval from annual general meeting.
