Month: April 2023
SEBON has finally approved Ghorahi Cement Industry’s IPO proposal.
The Securities Exchange Board of Nepal (SEBON) has authorized Ghorahi Cement Industry Limited’s proposed initial public offering (IPO) on Baisakh 06, 2080. The corporation will now distribute 7,943,801 unit shares. A total of 3,97,190 unit shares are reserved for project-affected locals, while the remaining 75,46,611 unit shares are designated for the general public. The […]
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Nepal Investment Mega Bank Earns Rs 3.04 Arba in Net Profit in Q3
Nepal Investment Mega Bank Limited (NIMB) has released its third-quarter report for fiscal year 2079/80, which shows a 22.96% increase in net profit. In the third quarter of fiscal year 2079/80, the bank’s profit grew to Rs 3.046 arba. Following the merger, the bank has a total paid-up capital of Rs. 34.12 Arba, reserves of Rs. 23.89 Arba, retained earnings of Rs 1.27 Arba, and a share premium of Rs 20.78 Crore.
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Everest Bank’s Q3 Highlights: Net Profit Increases by 62.63%, NII Stands at Rs 5.58 Arba &
Everest Bank Limited (EBL) has released its third-quarter report for fiscal year 2079/2080, which shows a 62.63% increase in net profit. The net profit of the bank has improved from Rs. 1.51 Arba in the third quarter of fiscal year 2078/2079 to Rs. 2.46 Arba in the third quarter of fiscal year 2079/2080. After […]
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Imports and exports both fell in the first nine months of fiscal year 1979/80.
The foreign trade figures for Nepal for the first nine months of fiscal year 2079/80 have been released. According to government data released on Thursday, Nepal’s trade deficit reduced by 17.06 percent to Rs. 10.83 Kharba from Rs. 13.06 Kharba the previous year.
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Reminder! Last Day to Claim Asian Life Insurance Company’s Dividend
Today is the last day to claim the Asian Life Insurance Company Limited (ALICL) dividend. The corporation has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara.
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Citizens Super 30 Mutual Fund"s Public Offering
Citizens Capital Limited is launching a closed-end mutual fund scheme called “Citizens Super 30 Mutual Fund.”The issue will be open starting today, the 6th of Baisakh, and will close on the 10th of Baisakh, 2080. If the issue is not completely subscribed by the early closing date, it may be extended until Baisakh 20. 15% or 1.50 crore units worth Rs. 15 crores have been awarded to the fund promoter Citizens Bank International Limited, with the remaining 8.5 crore units being issued to the general public beginnin
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Chhyangdi Hydropower Company Approves 100% Right Shares Offering
Chhyangdi Hydropower Company Limited (CHL) has scheduled its 9th Annual General Meeting (AGM) for the 28th of Baisakh, 2080. The conference would begin at 11 a.m. that day in Agrawal Bhawan, Kamalpokhari, Kathmandu.
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Market Roundup: NEPSE Increases in the Double Digits With Rs 87.21 Crores in Volume
The NEPSE index closed at 1,920.12 today, up 15.13 points from the previous trading day’s close. This represents a 0.79% increase. Yesterday, the index fell 3.07 points. Today, the index began at 1,903.36 and closed at 1,903.28. In contrast, it reached a high of 1,924.40 before settling at 1,920.12.
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Arun Valley Hydropower seeks Electricity Regulatory Commission approval to issue 100% right shares.
Arun Valley Hydropower Development Company Limited (AHPC) intends to give its shareholders 100% rights shares. The board of directors proposed at its meeting on Baisakh 06 to issue right shares in the ratio of 1:1, i.e. 18,679,626 right shares of Rs. 100 par value worth Rs 1.86 arba, so that the company can invest […]
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Ridi Power Company Receives Electricity Regulatory Commission Approval to Issue 50% Right Shares
The Electricity Regulatory Commission (ERC) has approved Ridi Power Company (RIDI) to issue a 1: 0.50 right offering. The board of directors suggested on the 4th of Magh, 2079, to issue 50% right shares on the paid-up capital after adjusting 40% bonus shares for the fiscal year 2078/79, i.e. Rs. 1,54,89,01,200. The company’s paid-up […]
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