Month: May 2023
LBBL Announces 11% Debenture Issuance for Public and Institutions
Lumbini Bikas Bank Limited (LBBL) has announced its plan to issue 10,00,000 units of “11% LBBL Debenture 2089” to the general public and institutions. The debenture has a maturity period of 10 years and offers an 11% coupon rate. The application period for the debenture will be open from 16th Jestha to 19th Jestha, 2080, […]
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ADBL Distributes 2% Bonus Shares and Urges Shareholders to Dematerialize
Agricultural Development Bank Limited (ADBL) has recently taken steps to benefit its shareholders by distributing 2% bonus shares directly to their Demat accounts. To encourage a smoother and more convenient process, the bank urges shareholders to convert their physical shares into electronic form. By doing so, shareholders can easily manage and trade their shares online, […]
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NLG, LLBS, ILBS, and SABSL List Bonus Shares on NEPSE
NLG Insurance Company Limited (NLG) has successfully listed 13,26,614.36 unit bonus shares on the Nepal Stock Exchange (NEPSE). This comes after the company’s 17th Annual General Meeting, held on the 20th of Chaitra, where a 10.5263% dividend for the fiscal year 2078/79 was approved. During a board of directors meeting on Mangsir 16, it was […]
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NEPSE Index Closes at 1,883.20 with 0.31% Gain
Today, the NEPSE index closed at 1,883.20, showing a gain of 5.88 points compared to the previous trading day. This represents a 0.31% increase. Yesterday, the index had gained 32.30 points. The trading day began with the index opening at 1,878.68 and reaching a high of 1,903.06 during the day. However, it also experienced a […]
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Shangrila Development Bank Lists Bonus Shares on NEPSE
hangrila Development Bank Limited (SADBL) has successfully listed 25,69,220.5471 unit bonus shares on the Nepal Stock Exchange (NEPSE). This follows the bank’s 18th Annual General Meeting, held on the 17th of Chaitra, where an 8.983% dividend worth Rs. 27.04 crores for the fiscal year 2078/79 was approved. During a board of directors meeting on Magh […]
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Arun Valley Hydropower Granted Approval to Issue 1:1 Right Shares for Shareholders
Arun Valley Hydropower Development Company Limited (AHPC) has received approval from the Electricity Regulatory Commission to issue right shares to its shareholders on a 1:1 basis. This means that each existing shareholder will have the opportunity to purchase one additional share for every share they currently hold. The decision to issue right shares was […]
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Shiva Shree Hydropower Limited Reports Q3 Net Loss
Shiva Shree Hydropower Limited (SSHL) has released its third-quarter report for the fiscal year 2079/80, revealing a net loss of Rs. 23.79 crores. In comparison, the company had incurred a loss of Rs. 28.90 crores during the corresponding quarter of the previous fiscal year. Despite reducing its administrative and other expenses by 46.03% to Rs. […]
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City Hotel Limited Concludes IPO Allotment, Oversubscribed by 8.72 Times
City Hotel Limited has successfully concluded the initial public offering (IPO) allotment process at Hyatt Place in Soalteemode, Kathmandu. The company had offered 13,55,940 units of shares with a total value of Rs. 13.55 crores to the general public from Baisakh 25 to 28, 2080. Out of the total 16,74,000 units, 10% (1,67,400 units) were […]
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Liberty Energy Company Limited Reports Net Loss in Q3
Liberty Energy Company Limited (LEC) has released its third-quarter report for the fiscal year 2079/80, revealing a net loss of Rs. 7.99 crores. In the corresponding quarter of the previous fiscal year, the company had incurred a loss of Rs. 1.99 crores. The financial expense for LEC amounted to Rs. 14.17 crores, which the company […]
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NEPSE Index Gains 2.11% as Volatility Persists
The NEPSE (Nepal Stock Exchange) index concluded the week at 1,877.32, registering a gain of 38.73 points or 2.11%. In the previous week, the index had closed at 1,838.59, experiencing a loss of 1.67% compared to the week before. Throughout the week, the NEPSE index witnessed fluctuations, reaching a high of 1,883 and a low […]
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