Day: April 17, 2023

Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares. 1
Business | Market | Economy

Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares.

  Union Life Insurance Company Limited (ULI) has requested its shareholders to pay the 8.97% bonus share tax. On the 26th of Magh, 2079, the firm held its 5th AGM for the fiscal year 2077/78. The meeting approved 8.97% bonus shares worth Rs. 19,28,55,000 from the company’s paid-up capital of Rs. 2.15 Arba for the […]

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Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector's capability. 5
Business | Market | Economy

Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector’s capability.

  On April 13, 2023, Federal Reinsurance Brokers Limited and Banking Finance and Insurance Institute of Nepal Limited signed a Memorandum of Understanding (MOU) to form a long-term strategic alliance in the areas of training, research, and consulting for the insurance sector’s capacity development. Ms. Alpana Sharma, Company Secretary, and Mr. Saurav Baral, Research Analyst […]

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On the 25th of Baisakh, Liberty Energy Company will hold its 11th, 12th, and 13th annual general meetings. 7
Dividend

On the 25th of Baisakh, Liberty Energy Company will hold its 11th, 12th, and 13th annual general meetings.

  Liberty Energy Company Limited (LEC) has scheduled its 11th, 12th, and 13th Annual General Meetings on the 25th of Baisakh, 2080. The meeting would begin at 11 a.m. that day at Amritbhog Caterings in Kalikasthan, Kathmandu.  

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Menchhiyam Hydropower is issuing 934,915 IPO shares to the general public beginning today. 9
IPO | FPO

Menchhiyam Hydropower is issuing 934,915 IPO shares to the general public beginning today.

Menchhiyam Hydropower Limited will issue 934,915 unit shares with a face value of Rs 100 starting today, April 4th, 2080. The company expects to earn Rs 9.34 crore through this IPO. This issue’s early closure date is on 7th Baisakh, and if it is not completely subscribed, it can be prolonged until 19th Baisakh, 2080. […]

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From Baisakh 11, Three Star Hydropower will issue an initial public offering (IPO) to residents of Khotang District and Nepalese working abroad. 11
IPO | FPO

From Baisakh 11, Three Star Hydropower will issue an initial public offering (IPO) to residents of Khotang District and Nepalese working abroad.

  Three Star Hydropower Limited has issued an offer letter to issue an Initial Public Offering (IPO) to Khotang District residents and Nepalese citizens working overseas. The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 11th to the 25th of Baisakh, 2080. It should be noted that […]

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NEPSE is down 23.64 points, with a Rs 92 crore intraday turnover. 13
NEPSE NEWS

NEPSE is down 23.64 points, with a Rs 92 crore intraday turnover.

  The NEPSE index finished at 1,908.04 today, down 23.64 points from the previous trading day’s close. This is a 1.22% decrease. Yesterday, the index fell 2.80 points. The index opened today at 1,931.84 and reached an intraday high of 1,937.65. In contrast, it dropped as low as 1,904.39 before closing at 1,908.04  

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