Day: June 22, 2023
Existing Promoter of Himalayan Bank Limited Initiates Auction of 21,86,575 Shares for Promoter Shareholders
The current promoter of Himalayan Bank Limited (HBL) has initiated an auction process for 21,86,575 units of shares. This auction is exclusively available to existing promoter shareholders and commenced on the 7th of Jestha, 2080. The auction specifically targets existing promoters, who have the opportunity to submit their bids within a period of 35 days […]
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Iwa Khola Hydropower Project Faces Disruption in Commercial Electricity Production Due to Flood Damage
The Iwa Khola Hydropower Project, with a capacity of 9.9 MW and operated by Ridi Power Company Limited (RIDI), is currently facing disruptions in its commercial electricity production. The interruption is a result of damages caused by recent floods in the area. RIDI released a press statement informing that both units of the Iwa Khola […]
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“Vijaya Laghubitta Lists 20% Bonus Shares on NEPSE”
Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has recently listed 6,40,000 unit bonus shares on the Nepal Stock Exchange (NEPSE). During their 10th Annual General Meeting held on 28th Chaitra, the company approved a dividend of 21.0526%, totaling Rs. 6.73 Crores, for the fiscal year 2078/79. The board of directors, in a meeting on Magh […]
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Ghorahi IPO Blocked Money: Release Subject to Investigation Committee Report
The application fee that was held during the IPO process of Ghorahi Cement Industry Limited will be returned once the investigation committee completes its report. Tej Prasad Devkota, the Deputy Executive Director and Information Officer of SEBON, confirmed that the committee was recently established to investigate the matter.
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“Nepal Republic Media IPO Allotment Concludes: 352,593 Applicants Receive 10 Units Each”
Nepal Republic Media Limited is conducting its IPO allotment on Monday, 11th Ashad, 2080. The allotment program will be held at Mega Capital Markets Limited in Kamaladi, Kathmandu, at 4 pm. The company has issued a total capital of Rs. 96.75 crores. Out of this, 43,53,000 unit shares worth Rs. 43.53 crores were reserved […]
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“Nepse Sees Marginal 0.23% Gain as Hotel and Tourism Index Surges”
Today, the NEPSE index, which represents the stock market performance in Nepal, closed at 2,055.53 points. It gained 4.75 points compared to the previous trading day, resulting in a 0.23% increase. Yesterday, the index had experienced a loss of 14.05 points. The trading day started with the index opening at 2,054.62 points. Throughout the […]
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