NEPSE Adjusts Share Price of United Ajod Insurance Following Bonus Announcement

Kathmandu – The Nepal Stock Exchange (NEPSE) has adjusted the share price of United Ajod Insurance Limited following the company’s decision to distribute a 10 percent bonus share as part of its annual dividend.
The adjustment took place on Wednesday, after the company closed its books to hold its Annual General Meeting (AGM) and distribute dividends to eligible shareholders.
NEPSE made the adjustment based on the company’s last traded price of Rs 612.28. After factoring in the 10 percent bonus share, the revised share price has been set at Rs 556.62.
As per the adjustment, trading of United Ajod Insurance’s shares will resume today, Thursday, at the newly set price.