Kathmandu. Nepal Stock Exchange (NEPSE) has adjusted the share price of two companies. The share price of Prabhu Mahalaxmi Life Insurance and Asian Life Insurance has been adjusted in NEPSE on Wednesday.
Prabhu Mahalakshmi has been adjusted on the basis of 8 percent bonus shares. Before the merger, the share price of the company was Rs 553.59 and after the adjustment, the share price of the company was Rs 512.58.
Similarly, 42 percent right shares of Asian Life Insurance have been adjusted in NEPSE. Before the merger, the company’s share price was Rs 696.44 and after the merger, the share price of the company was Rs 520.3.
Now the share trading of the company will come in the secondary market on Sunday, May 15.
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