Month: July 2023
“9% Nabil Debenture 2087” Added to SEBON’s Pipeline; Nabil Bank to Collect Rs 3 Arba from the Issue.
SEBON Adds “9% Nabil Debenture 2087” to Pipeline with Rs 3 Arba Size SEBON, the Securities Board of Nepal, has included “9% Nabil Debenture 2087” in its pipeline. The debenture has a total size of Rs 3 Arba. Nabil Bank Limited will issue 30 lakh units of debenture at Rs 1000 per unit. Out […]
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NLG Insurance Company Granted 66% Right Shares Permission by Nepal Insurance Authority
NLG Insurance Company has received permission from the Nepal Insurance Authority (NIA) to issue 66% right shares. The company’s board meeting, held last Friday, approved the decision for capitalization. NLG Insurance will now seek approval from the Securities Board of Nepal (SEBON) for the rights issuance. Once SEBON grants permission, the company will distribute […]
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10 New Brokerage Houses Receive LOI from NEPSE in Second Phase
According to Giriraj Dahal, Head of Supervision at NEPSE, ten new brokerage houses have been granted preliminary licenses by the Nepal Stock Exchange. Dahal also mentioned that KBL Securities Limited has not applied for membership at NEPSE.
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NEPSE Board Meeting to Discuss Approval for Seven Brokers and NEPSE-30 Index Operation Tomorrow.
The Board of Directors of Nepal Stock Exchange (NEPSE) has planned a meeting for Wednesday morning. The meeting will cover important topics such as granting final approval to seven broker companies and deciding on the operational details of the NEPSE-30 index. Murahari Parajuli, the Company Secretary and Information Officer at NEPSE, confirmed these agendas […]
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SEBON Grants IPO Approval to Five Companies, Including Two Life Insurance, Two Hydropower, and One Investment Sector Firm.
SEBON Approves IPO Issue of 5 Companies; Hathway Investment Nepal to Raise Rs. 14.62 Crores The Securities Exchange Board of Nepal (SEBON) has given its approval for the initial public offering (IPO) of five different companies. One of them, Hathway Investment Nepal Limited, plans to issue 29.25 lakh shares at a par value of […]
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Nepal Rastra Bank Issues Rs. 20 Arba Reverse Repo for the Fourth Time
Nepal Rastra Bank (NRB) has responded to the accumulation of excess liquidity in the banking system by issuing another reverse repo. After previously issuing reverse repos on two separate occasions, NRB has now introduced Rs. 20 Arba on Tuesday. The reverse repo is a monetary tool utilized to absorb surplus liquidity and bring stability […]
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NEPSE Closes with 0.61% Gain, All Sectors Green
Today, the NEPSE index, which measures the performance of the Nepalese stock market, closed at 2,088.70 points. It gained 12.73 points compared to the previous trading day, resulting in a 0.61% increase. Yesterday, the index had experienced a loss of 21.32 points. The trading day started with an opening index value of 2,079.42. Throughout […]
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“Last Day to Claim Dividend: Citizen Investment Trust (CIT) Announces 26.3158% Dividend for Shareholders at 28th AGM”
Citizen Investment Trust (CIT) has announced that today is the final day for shareholders to claim the proposed dividend. The company has scheduled its 28th Annual General Meeting (AGM) for the 31st of Ashad, 2080. The meeting will take place at the company’s head office in New Baneshwor, Kathmandu, commencing at 3 pm. Among the […]
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“Ngadi Group Power Limited Proposes 100% Rights Shares for Shareholders to Address Funding Requirements”
Ngadi Group Power Limited (NGPL) has proposed to offer 100% rights shares to its existing shareholders. The proposal was made during a recent Board of Directors meeting. NGPL’s Siurikhola Small Hydropower Project, located in Lamjung District, Gandaki Province, with a capacity of 4.95 MW, has been performing well due to regular maintenance. However, additional funds […]
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NEPSE Index Declines by 1.02% as Trading Remains Active
The NEPSE index had a downward trend and closed at 2,075.97 points, experiencing a loss of 21.32 points or 1.02% from the previous day. It had dropped significantly by 53.70 points in the preceding session. Despite starting on a hopeful note at 2,096.72 points, the index faced fluctuations throughout the day. It reached a high […]
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