Muktinath Bikas Bank adjusts share price after bonus share decision

Muktinath Bikas Bank’s share price has been officially adjusted on NEPSE. The adjustment comes after the bank announced bonus shares for the last fiscal year.

New share price on NEPSE

After adjustment, the bank’s share price is now set at Rs 383.60 per share. Before the adjustment, the last traded price was Rs 435.50. From Sunday, trading in the secondary market will take place based on the new adjusted price.

Dividend details

For the fiscal year, the bank has announced a total dividend of 18.20 percent. This includes 13.53 percent bonus shares and 4.67 percent cash dividend (including tax).

Upcoming annual meeting

The bank has also called its 19th annual general meeting (AGM) on Kartik 15. The meeting will approve the proposed dividend and other key agendas. Once approved, shareholders will receive their bonus shares and cash dividends accordingly.

The adjustment signals stability in Muktinath Bank’s stock movement and keeps investors’ attention on its consistent dividend track record.