Share Price Adjustments for NLICL, NLG, and BARUN Following Bonus and Right Share Issuances

The share prices of three listed companies—National Life Insurance Company Limited (NLICL), NLG Insurance Company Limited (NLG), and Barun Hydropower Company Limited (BARUN)—have been adjusted based on their recent corporate actions involving bonus and right share issuances.

National Life Insurance Company Limited (NLICL) announced a 5% bonus share, resulting in an adjusted price of Rs. 598.44, down from its previous closing price of Rs. 628.36. Similarly, NLG Insurance Company Limited (NLG), after declaring a 2.50% bonus share, has seen its share price adjusted to Rs. 741.48, compared to the previous closing of Rs. 760.02. These adjustments account for the dilution impact of the bonus shares and reflect a more accurate market valuation.

Meanwhile, Barun Hydropower Company Limited (BARUN) has undergone a major price adjustment due to the issuance of 100% right shares. The new adjusted price is Rs. 290.36, significantly lower than the earlier closing price of Rs. 480.72. The 100% right share allows existing shareholders to purchase one new share for every share they currently hold, at a predetermined discounted rate.

These corporate actions are routine mechanisms to expand capital base and provide added value to shareholders. Investors holding shares before the respective book closure dates are eligible for the bonus and right shares as per the announcements.