10th October 2025, Kathmandu
Nepal Stock Exchange (NEPSE) has just made a major announcement affecting thousands of shareholders: the official share price of Everest Bank Limited (EBL) has been adjusted following the bank’s crucial book closure date.
EBL’s Share Price Adjusted
This action, taken on October 10 (24 Ashwin), is a standard yet essential step that paves the way for the distribution of the announced dividends and the resumption of trading on the secondary market.
If you hold EBL shares, or are looking to invest, the key takeaway is the new trading price: NPR 676.42 per share. This change is a direct result of the highly anticipated 6% bonus shares declared by the bank’s management. Read on to find out what triggered this adjustment, how it was calculated, and exactly when you can start trading again.
The Reason Behind the Adjustment: Rewarding Shareholders with 6% Bonus Shares
The fluctuation in a stock’s price is usually linked to market supply and demand, but a price adjustment is a predetermined, official change made by the regulatory body—in this case, NEPSE.
Everest Bank Limited (EBL) recently went into a “book closure” period. This is the official mechanism used by companies to finalize the list of shareholders who are eligible to receive the proposed dividends and attend the Annual General Meeting (AGM). By setting a book closure date, the bank ensures a clear cut-off for the corporate benefit.
The primary factor driving the price change is the bank’s decision to issue 6% Bonus Shares. This means that for every 100 shares an eligible investor owns, they will receive 6 additional shares from the bank’s reserves, essentially increasing the total number of shares in the market. While this is great news for investors who secured their shares before the cut-off, it also means the value of each individual share must be recalculated to reflect the dilution caused by the new shares being added.
Key Numbers for EBL Investors
- Previous Closing Price (Cut-off Price): NPR 717 per share
- Bonus Share Rate: 6%
- New Adjusted Price (Resumption Price): NPR 676.42 per share
This adjustment ensures that the total value of the company’s equity remains fair in the market immediately after the corporate action. An investor who held the stock at NPR 717 before the adjustment will technically own more shares at the new, lower price, ensuring their investment value is preserved, while new investors can begin trading at the corrected starting point.
Trading Resumes: Mark Your Calendars for Sunday
The trading of Everest Bank’s shares was temporarily halted while NEPSE finalized the price adjustment procedure. However, investors eager to buy or sell EBL stock will not have to wait long.
The official announcement from NEPSE confirms that trading on the secondary market will resume on Sunday at the adjusted price of NPR 676.42. Since stock markets in Nepal are typically closed on Fridays and Saturdays, the next available trading day following the book closure is Sunday, marking the official return of EBL to the active trading boards.
This resumption is a significant event. It will be the first opportunity for the market to react to the dividend news under the new price structure. Market watchers will closely follow the volume and price movements on Sunday to gauge investor sentiment towards the bank’s future prospects and its generous dividend distribution.
Beyond the Adjustment: What Does the 6% Bonus Mean for EBL’s Future?
The decision to offer a 6% bonus share reflects strong confidence from the Everest Bank management in its financial health and future growth trajectory. Companies issue bonus shares as a mechanism to reward shareholders while retaining cash within the company. Instead of paying out cash that reduces the bank’s liquidity, the bank capitalizes its reserves by issuing new shares.
This strategy achieves several positive outcomes:
- Strengthens Capital Base: The bonus shares convert the bank’s earnings and reserves into paid-up capital, which is important for meeting regulatory requirements set by the Nepal Rastra Bank (NRB) and supporting future business growth.
- Enhances Shareholder Equity: Shareholders benefit from an increased number of shares, which can lead to higher returns on future dividend payouts and potential capital gains as the bank grows.
- Positive Market Signal: A stable bonus share history signals to the investment community that the company is financially stable and committed to sharing its success with its owners.
Furthermore, the overall dividend package for the fiscal year often includes a cash dividend component alongside the bonus shares. The final endorsement of this proposal, which will cover both the bonus and the cash component, is scheduled to take place at the bank’s upcoming Annual General Meeting (AGM).
For both seasoned and new investors, understanding these corporate actions is key to navigating the market. The NPR 676.42 figure is not a sign of poor performance but a technical reset, reflecting the exciting addition of 6% bonus shares to the market. Be ready to trade when the bell rings this Sunday!
For More: EBL’s Share Price Adjusted