NEPSE Adjusts Share Prices of Laxmi Sunrise Bank and Kalinchok Darshan

Kathmandu — The Nepal Stock Exchange (NEPSE) has adjusted the share prices of two listed companies following their book closure for annual general meetings and dividend distribution.

NEPSE adjusted the share prices of Laxmi Sunrise Bank Limited and Kalinchok Darshan Limited after both companies closed their books for bonus share distribution. The exchange made the adjustment in line with the announced bonus share ratios.

According to NEPSE, the share price of Laxmi Sunrise Bank was adjusted by 10 percent to reflect its bonus share issue, while the share price of Kalinchok Darshan was adjusted by 5 percent. After the adjustment, Laxmi Sunrise Bank’s share price has been fixed at Rs 213.64 per share, while Kalinchok Darshan’s share price stands at Rs 860.95 per share.

The price adjustment was made based on the closing prices of the previous trading day. On Monday, Laxmi Sunrise Bank’s shares last traded at Rs 235 per share, while Kalinchok Darshan’s shares closed at Rs 904 per share in the secondary market.

Trading in the shares of both companies will resume today in the secondary market based on the adjusted prices, NEPSE said.