Kathmandu. The Nepal Stock Exchange (NEPSE) on Wednesday adjusted the price for the purpose of the proposed 25 percent bonus share of Forward Microfinance Microfinance Institution Limited.

The price of the company was fixed at Rs 2,678 by adjusting the price on the basis of the last share price of Rs 3,348 on Tuesday. The company's share price rose by Rs 52 per share to Rs 2,730 on Wednesday, the first trading day after the price adjustment. The share price of the company, which opened at Rs 2,800, had reached a minimum of Rs 2,700 and a maximum of Rs 2,811.

The company has proposed to pay a dividend of 6.58 percent from the profits of the last fiscal year 2076/77, including 25 percent bonus shares and tax purposes. At present, the company's paid-up capital is Rs. 504.15 million. The company has proposed dividend on the basis of the same capital.