Month: May 2023
Nepal’s Budget 2023-24 (2080/81) : Key Highlights and Allocations
Finance Minister Prakash Sharan Mahat has unveiled the budget estimates for Nepal’s fiscal year 2023-24, outlining significant allocations and priorities across sectors. This article provides a comprehensive overview of the budget, highlighting key sectors such as agriculture, education, infrastructure, and social welfare. Read on to discover the key highlights of Nepal’s budget for the upcoming […]
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Kumari Bank Limited Promoters to Auction 14,83,378 Units of Shares to General Public
Kumari Bank Limited (KBL) has announced that its existing promoters will be selling 14,83,378 units of their shares through an auction open to the general public. The auction period will be from 12th Jestha to 19th Jestha, 2080. This presents an opportunity for individual investors, companies, and institutions to participate in the auction and potentially […]
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NEPSE Sees Weekly Gain of 4.36% Amidst Four-Day Trading Week
During this week, the Nepal Stock Exchange (NEPSE) operated for only four days due to the Bhote Jatra holiday on Thursday. The week concluded with the NEPSE index closing at 1,959.12, showing a gain of 81.80 points or 4.36% compared to the previous week’s closing of 1,877.32. In the previous week, the index had experienced […]
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Unique Nepal Laghubitta Bittiya Sanstha Announces FPO for Public Shareholders
Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB) is opening its Further Public Offering (FPO) of 3,79,425 unit shares to the general public. The FPO aims to adjust the shareholding ratio and meet regulatory requirements. The company plans to raise Rs. 3.79 crore through this issuance. Muktinath Capital Limited is the appointed issue manager for the […]
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Ajod Insurance Limited Converts Promoter Shares to Public Shares, Achieving 51:49 Ownership Ratio
Ajod Insurance Limited (AIL) has recently converted 19,00,000 units of promoter shares into public shares, resulting in a change in the company’s shareholding structure. Previously, the company had 70% of its shares held by promoters and 30% held by the public. However, with this conversion, the promoter-to-public shares ratio has shifted to 51:49. AIL, which […]
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Chhyangdi Hydropower Appoints BoK Capital Market as Issue Manager for Right Share Issuance
Chhyangdi Hydropower has chosen BoK Capital Market as the issue manager for its upcoming issuance of right shares. The company plans to offer existing shareholders the opportunity to purchase additional shares in a 1:1 ratio, totaling approximately Rs 38.69 crore. This move aims to strengthen shareholder ownership and support the company’s growth in the hydropower […]
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Gold Price Surges by Rs. 600 in Domestic Market, Silver Declines by Rs. 5 per Tola
Gold prices in the domestic market have experienced a significant surge today, increasing by Rs. 600. Fine gold is currently being traded at Rs. 109,800 per tola, marking an increase from yesterday’s rate of Rs. 109,200 per tola. Similarly, Tejabi gold is being traded at Rs. 109,300 today, compared to yesterday’s rate of Rs. 108,700 […]
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Infinity Laghubitta Bittiya Sanstha Urges Shareholders to Pay Tax for 20% Bonus Shares
During its 6th Annual General Meeting held on 13th Falgun, the company approved the issuance of a 20% bonus share for the fiscal year 2078/79. Subsequently, in a board of directors meeting on Poush 30, it was decided to distribute bonus shares worth Rs. 8,29,02,656.95 from the company’s paid-up capital of Rs. 41.45 crores. The […]
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NEPSE Records 0.85% Gain, Closes at 1,959.12 with 16.49 Points Increase
The NEPSE index concluded today’s trading session at 1,959.12, marking a gain of 16.49 points or 0.85% compared to the previous day’s closing. The index had experienced a significant surge of 51.31 points in the previous session. Starting at 1,943.61, the index reached its lowest point at 1,928.16 during the day. However, it also reached […]
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ublic Holiday Declared in Kathmandu Valley, NEPSE to Remain Closed
Government Declares Public Holiday in Kathmandu Valley Districts for Bhoto Jatra Celebration The government of Nepal has announced a public holiday in three districts of the Kathmandu valley. According to a press release issued by the Home Ministry, Thursday has been declared a public holiday in observance of the Bhoto Jatra festival. This announcement aims […]
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