Trading of NADEP Laghubitta Finally Released After Almost 2 Years

Nepal Stock Exchange (NEPSE) has issued a circular stating that the trading of securities for the
NADEP Laghubitta Bittiya Sanstha Limited (NADEP) has opened to the general public, except for Basic shareholders of the company.

The trading of NADEP has finally resumed after almost 2 years. The last trading price of the company as of 31 December, 2020 is Rs. 1039.

Previously, the Chitwan based Deprosc Laghubitta (DDBL) has signed an initial agreement to acquire Dhading based Nadep Laghubitta on Poush 15, 2077. However, the disagreement in share ratio and employee structuring has led the companies to ditch the merger agreement.

NADEP is yet to declare dividends of Fiscal year, 2078/79. The company declared of 21.053% of the fiscal year 2077/78.