HLBSL 1010 -10 NLG 1317 2 PPL 461 -2.5 MND84/85 1030 2 MEHL 380.1 -19.9 HIDCLP 183 -2 SHEL 242.9 -4.7 NLIC 814 -13.4 JOSHI 305 -6.8 GFCL 1051.1 6 UAIL 639 -1 SAPDBL 569.6 -7.4 GRDBL 743 5 PRIN 968 4 LBBL 475 -4.8 NICD83/84 1062 -19 ILBS 980 -21.5 NBLD85 1025 0 MHNL 265.5 -0.5 KPCL 493 -0.8 NTC 980.1 -2.4 TVCL 461 1 MHL 725 3.5 HIDCL 270.7 -4.1 VLBS 902.5 -7.5 MCHL 488.3 -3.7 C30MF 9.74 0 NABIL 594 3 GIBF1 9.69 0.1 BOKD86 1040 18 MBLD2085 1085 6.5 BGWT 934.9 -21.1 TSHL 909 -11 SAGF 9.31 0.01 MFIL 768 48 UMHL 308 -4 PHCL 465.1 -9.9 MLBL 398 -6.9 SPC 520 5 GMFIL 623 1
×


How are right shares adjusted?

Every time a listed company offers Bonus and Right Shares, the share price is adjusted by the Nepal Stock Exchange to reflect the addition of shares due to bonus/right issuance. Such, prices are adjusted immediately after the book closure dates. Here is the formula to calculate the adjusted price: The market price in the below formula is the last transaction price (LTP) of a scrip just before the book closure date.

Right Share Adjusted Price =Market Price_+ (Subscription Price per unit x right %). 1 + Right %
For example, Century Commercial Bank Limited had offered 25% right share at the subscription price of Rs 100/ unit. The Last Trading Price (LTP) before the book closure was Rs 390/unit. Now the adjusted price after the right issue will be: Adjusted Price = 390 _+ (100 X 0.25) = 390+25 = 415 . 1 + 0.25 1.25 1.25 Adjusted Price = Rs 332 / unit


Why do companies issue right shares?

Why Issue a Rights Offering? Companies most commonly issue a rights offering to raise additional capital. A company may need extra capital to meet its current financial obligations. Troubled companies typically use rights issues to pay down debt, especially when they are unable to borrow more money.


भर्खरै
चर्चित