Share price adjustment of Nepal Hydro and Mahalaxmi Development Bank in NEPSE

Mar Tue 2021 01:09:50

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Share price adjustment of Nepal Hydro and Mahalaxmi Development Bank in NEPSE

Kathmandu. Share prices of two companies have been adjusted on the Nepal Stock Exchange (NEPSE). On this day, Nepse has adjusted the share price of Nepal Hydro Developers and Mahalakshmi Development Bank.

For the purpose of general meeting and dividend distribution, both the companies have closed the book and Nepse has adjusted the share price and fixed the new price. Nepse has adjusted 15 percent bonus shares of Nepal Hydro. The adjusted share price of the company has been fixed at Rs 325. Similarly, 8.80 percent bonus shares of Mahalakshmi Development Bank have been adjusted on this day. The adjusted share price of the bank stood at Rs. 269.