Snow Rivers and Shangrila Development Bank Share Prices Adjusted Following Bonus Shares
Summary
NEPSE has adjusted the share prices of Snow Rivers Limited and Shangrila Development Bank Limited after their bonus share proposals. Trading in both listed companies will resume tomorrow based on the revised reference prices.
Key Points
- NEPSE adjusted Snow Rivers Limited’s price to Rs 859.09 after a 10% bonus share issue.
- Shangrila Development Bank Limited’s price was adjusted to Rs 411.54 following a 4% bonus share proposal.
- Both companies had closed previously at Rs 945 and Rs 428 respectively.
- Trading will resume tomorrow using the new reference prices.
