Nepal Lube Oil Limited has adjusted its share price following the company’s announcement of a 20 percent bonus share for its shareholders.
After the adjustment, the new price per share stands at 244.33 NPR. Before this change, the shares were trading at 293.20 NPR each on the NEPSE.
The company has decided to provide shareholders a 20 percent bonus share for the fiscal year 2081/82, along with a cash dividend of 766,982 NPR for tax purposes.
Nepal Lube Oil will hold its annual general meeting to approve the dividend on Ashoj 31 at The Plaza, Pulchowk, Lalitpur, starting from 11:30 AM.
