The Nepal Stock Exchange (Nepal Stock Exchange) has adjusted the share prices of three companies

The Nepal Stock Exchange (Nepal Stock Exchange) adjusted the share prices of three listed companies on Monday following their book closure for dividend distribution. The companies include NLG Insurance Company, National Microfinance Financial Institution, and Bindhyabasini Hydropower Development Company. NLG Insurance’s price was adjusted for a 4 percent bonus share, reducing the last traded price of NPR 698 to a new adjusted price of NPR 671.15 per share. Similarly, National Microfinance, which is set to distribute a 14.25 percent bonus share, saw its price adjusted from NPR 1,305 to NPR 1,142.23. Bindhyabasini Hydropower’s price was adjusted for a 5 percent bonus share, bringing the last traded price of NPR 477.90 down to NPR 455.14. Trading in the secondary market for all three companies will resume from these adjusted prices. Only investors holding shares until the last trading day before book closure will be eligible for the proposed bonus shares. While the adjustment increases the number of shares and lowers the price, it does not immediately change the total investment value; however, subsequent market fluctuations will determine gains or losses.