PRIN 768 -5.9 LSL 153.6 -2.4 CZBIL 164.2 -0.8 TVCL 477.6 2.6 SGIC 531 2 HATHY 905 17 SAND2085 1110 5 NABIL 458.9 -2.2 NHDL 529 9 UPCL 189 0.7 ICFC 559 4 JOSHI 300 2 PFL 682 4 HIDCLP 99 0 MLBBL 1419 19 SLBSL 1233 4 LLBS 1227 18 MMF1 7.54 0.14 NICSF 8.73 -0.17 PRVU 141 0 SHINE 386.5 2.5 SHEL 159.6 2.1 GBLBS 787 5 BHPL 660 -19.8 API 170.4 0.1 SBL 247 1 GVL 598.9 2.9 GHL 151 1.4 UMRH 416 8 NLG 750 2 EDBL 393 13 JSLBB 1411 16 MSLB 1372 34.1 CIT 2093.1 -1.9 MLBS 1380 23.5 BEDC 423 8 CHDC 1024.2 -2.8 NRIC 648 0 RNLI 422.7 1.6 CCBD88 1067 3.9
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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.


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