Bonus Shares and Right Shares of These Companies Are Finally Listed in NEPSE

1,41,750 bonus shares of Chhyangdi Hydropower Limited (CHL) are now listed in NEPSE.

Chhyangdi Hydropower has already convened its 7th AGM for the FY 2076-77 under the leadership of its chairman. The AGM endorsed the board’s proposal to provide 5% bonus shares and 0.26% cash dividend to its shareholders. The same bonus shares are now listed in NEPSE.

As of writing, CHL has an LTP of 298. The stock gained 3.11% today.

Similarly, 6,56,169 right shares of Narayani Development Bank Limited (NABBC) have also been listed in NEPSE.

Narayani Development Bank Limited (NABBC) issued 6,56,169 units right shares in the ratio 1:1 to its shareholders from Magh 13 to 3rd Falgun, 2077. The company had applied in SEBON to issue the right shares totaling 6,56,169 units. SEBON had then approved the issue on Poush 20.

The book closure for the issue of the right shares was announced on Poush 29. Thus, investors maintained till Poush 28 were entitled to apply for the right shares from today. The unclaimed right shares were then auctioned. The entirety of the shares issued is now listed in NEPSE.

As of writing, NABBC has an LTP of Rs. 570. The stock lost 3.72% today.