Nepal Stock Exchange (NEPSE) adjusted the share price of Everest Bank Limited (EBL) after the company closed its books for the upcoming annual general meeting (AGM) and dividend distribution.

NEPSE has adjusted the bank’s share value to account for a 6% bonus share. Following the adjustment, EBL’s stock began trading at Rs. 676.42 per share, based on Thursday’s closing price of Rs. 717 per share in the secondary market.

The adjusted price will serve as the base rate when trading resumes on Sunday.

Everest Bank has scheduled its 31st Annual General Meeting (AGM) for Wednesday, Kartik 12, at Amrapali Banquet, Bhatbhateni, Kathmandu, starting at 11:00 a.m.

During the meeting, the bank will propose the distribution of a 6% bonus share and an additional 14% cash dividend (including tax purposes). The AGM will also discuss and approve proposals to amend the bank’s Memorandum and Articles of Association, appoint an auditor, and address other key operational matters.