NEPSE lists 68.09 lakh unit shares of 3 companies; Asian Life’s bonus gets listed along with right shares of Prabhu Bank

Nepal Stock Exchange (NEPSE) has listed 4.83 lakh unit bonus shares of Asian Life Insurance and 63.26 lakh unit right shares of Prabhu Bank and Green Development Bank. The shareholders holding the shares can now trade the shares in the secondary market.

4,83,355.94 unit bonus shares of Asian Life Insurance Company Limited (ALICL) has been listed by NEPSE. The life insurance company had distributed 4% bonus shares from the net profit of FY 2073/74.

Similarly, Prabhu Bank Limited’s (PRVU) 23,26,278 unit right shares have also been listed in the secondary market. The bank had issued 40% right shares for its shareholders. The shares listed today are from the auctioned portion as the previous issued shares have been already listed.

NEPSE has also listed 40,00,000 unit right shares of Green Development Bank Limited (GRDBL). The bank had issued 400% right shares for its existing shareholders.