Month: May 2023

National Life Insurance Company Limited Announces Last Day for Dividend 1
Dividend

National Life Insurance Company Limited Announces Last Day for Dividend

Today is the final day to receive the dividend announced by National Life Insurance Company Limited (NLICL). The company has scheduled its 35th Annual General Meeting (AGM) for the 22nd of Jestha, 2080. The AGM will take place at the company’s headquarters in Lazimpat, Kathmandu, starting at 10:30 AM on that day. One of the […]

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Summit Laghubitta Bittiya Sanstha AGM Announced: Dividend Endorsement, Merger Proposal, and FPO Agenda on the Table 3
Dividend

Summit Laghubitta Bittiya Sanstha AGM Announced: Dividend Endorsement, Merger Proposal, and FPO Agenda on the Table

Summit Laghubitta Bittiya Sanstha Limited (SMFDB) has announced the date for its 14th Annual General Meeting (AGM) on 30th Jestha, 2080. The meeting is scheduled to take place at Arniko Party Palace in Banepa, commencing at 10:30 AM. One of the key agendas of the AGM is the endorsement of a 14.276582% dividend for the […]

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Shubha Laxmi Kosh NAV Report: Fund Size at Rs. 28.14 Crores, Records Net Loss in Baisakh 5
Business | Market | Economy

Shubha Laxmi Kosh NAV Report: Fund Size at Rs. 28.14 Crores, Records Net Loss in Baisakh

The latest NAV report for “Shubha Laxmi Kosh,” an open-ended fund, has been released. As of the month of Baisakh, the fund size stands at Rs. 28.14 crores. The NAV for Baisakh is recorded at Rs. 9.26. Shubha Laxmi Kosh has invested Rs. 17.22 crores in listed shares and an amount of Rs. 488,276.89 in […]

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Attention Shareholders: Claim Your Outstanding Dividends from Sanima Mai Hydropower Limited (SHPC) Now 7
Dividend

Attention Shareholders: Claim Your Outstanding Dividends from Sanima Mai Hydropower Limited (SHPC) Now

Sanima Mai Hydropower Limited (SHPC) has issued a notification directed towards shareholders who have not yet received their entitled dividend payments. The company urges these shareholders to take necessary action to claim their outstanding dividends, which were approved during various Annual General Meetings (AGMs). In order to receive the due dividends, shareholders are required to […]

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NEPSE Index Surges by 2.71% on Falling Interest Rates and Increased Turnover 9
NEPSE NEWS

NEPSE Index Surges by 2.71% on Falling Interest Rates and Increased Turnover

Today, the NEPSE index concluded at 1,942.63, marking a gain of 51.31 points from the previous trading day, representing a 2.71% increase. Yesterday, the index had gained 8.10 points. The trading day began at 1,891.37, which also served as the intraday low. However, the index reached a high of 1,942.64 before ultimately closing at 1,942.63. […]

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Kumari Bank Limited Initiates Auction of Promoter Shares to General Public 11
IPO | FPO Business | Market | Economy

Kumari Bank Limited Initiates Auction of Promoter Shares to General Public

Kumari Bank Limited (KBL) is conducting an auction for the sale of 316,140 units of promoter shares to the general public. The auction, which began on 8th Jestha and will continue until 10th Ashad, 2080, allows individual investors, companies, and institutions to participate. The minimum bid rate for the auction is set at Rs. 110, […]

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Himalayan Power Partner Limited Reports Net Loss of Rs. 10.43 Crores in Q3 FY 2079/80 13
Business | Market | Economy

Himalayan Power Partner Limited Reports Net Loss of Rs. 10.43 Crores in Q3 FY 2079/80

Himalayan Power Partner Limited (HPPL) has released its third-quarter report for the ongoing fiscal year, revealing a Net Loss of Rs. 10.43 crores. In contrast, during the same quarter of the previous fiscal year, the company had recorded earnings of Rs. 1.70 crores. HPPL reported a revenue of Rs. 26.33 crores from the sale of […]

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Nepal's Trade Deficit Stands at Rs. 12.04 Kharba for First Ten Months of Fiscal Year 15
Business | Market | Economy

Nepal’s Trade Deficit Stands at Rs. 12.04 Kharba for First Ten Months of Fiscal Year

Nepal’s trade deficit for the first ten months of the current fiscal year has remained at Rs. 12.04 Kharba, according to the recently released Nepal Trade Statistics by the Department of Customs. This represents a decrease of 15.85% compared to the trade gap of Rs. 14.31 Kharba during the same period in the previous fiscal […]

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Rawa Energy Development Limited Announces Initial Public Offering (IPO) for General Public 17
IPO | FPO

Rawa Energy Development Limited Announces Initial Public Offering (IPO) for General Public

Rawa Energy Development Limited has recently announced its plan to issue an Initial Public Offering (IPO) to the general public. The company aims to issue 6,43,667 unit shares with a face value of Rs 100, starting from 18th Jestha, 2080. The goal of this IPO is to raise Rs 6.43 crore. The closing date for […]

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Gold Prices Skyrocket by Rs. 800 in Domestic Market 19
Gold | Silver | Forex

Gold Prices Skyrocket by Rs. 800 in Domestic Market

The price of gold has experienced a significant increase of Rs. 800 in the domestic market today. As reported by the Federation of Nepal Gold and Silver Dealers’ Association, the current trading rate for fine gold stands at Rs. 110,000 per tola, compared to yesterday’s rate of Rs. 109,200 per tola. Similarly, Tejabi gold is […]

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