NEPSE Adjusts Share Prices of Kamana Sewa Bikas Bank and Universal Power Company

Kathmandu – The Nepal Stock Exchange (NEPSE) has adjusted the share prices of Kamana Sewa Bikas Bank and Universal Power Company following their book closure for the purpose of dividend distribution and annual general meeting (AGM).

According to NEPSE, the adjustment was made after the companies declared bonus shares — 10 percent for Kamana Sewa Bikas Bank and 9 percent for Universal Power Company.

After the adjustment, the share price of Kamana Sewa Bikas Bank has been set at Rs. 477.73, while Universal Power Company’s share price has been fixed at Rs. 380.28.

On the previous trading day (Tuesday), the last transaction price of Kamana Sewa Bikas Bank was Rs. 525.50 per share, and Universal Power Company’s share was traded at Rs. 414.50. NEPSE carried out the adjustment based on these closing prices.

The secondary market will now open today’s trading session with these adjusted prices as the new base.