NEPSE Adjusts Stock Price of Neco Insurance

May 12, 2025 08:50 AM Merolagani



Nepal Stock Exchange (NEPSE) has adjusted the stock price of Neco Insurance following its book close for upcoming AGM.

On the day, NEPSE adjusted the stock price at Rs 690.56 after adjusting 7 percent stock dividend. The last trading price of the stock was Rs 738.90 on May 11.

The company is conducting its annual general meeting (AGM) on May 23, in Lisara Reception, Naxal, Kathmandu at 11 am.

The meeting will endorse a proposal of distributing 7 percent stock and 0.3684 percent cash dividend for tax purposes. Moreover, the meeting will delegate authority to BOD to amend article and memorandum of association and appoint an auditor.




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