Month: August 2023

"Barahi Sedi Chooses NMB Capital as Issue Manager for 11.60 Lakh Unit Share Offering" 1
Business | Market | Economy

“Barahi Sedi Chooses NMB Capital as Issue Manager for 11.60 Lakh Unit Share Offering”

  Barahi Sedi, a hotel under construction in Pokhara’s Lakeside area, has selected NMB Capital as the issue manager for its upcoming public share offering of 1.16 million ordinary shares. The agreement was formalized through a Memorandum of Understanding (MoU) signed between Mr. Dipesh Kumar Vaidya, the CEO of NMB Capital, and Mr. Biplab Paudel, […]

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"Federal: First Reinsurance Broker in Nepal to Achieve ISO 9001:2015 Certification" 3
Business | Market | Economy

“Federal: First Reinsurance Broker in Nepal to Achieve ISO 9001:2015 Certification”

During an official event at FRBL’s headquarters in Kathmandu on August 27, 2023, Mr. Prakash Poudel, the Country Director of United Registrar of Systems (URS), presented the certification to FRBL’s chairman, Mr. Mahesh Kumar Agrawal. The occasion was attended by FRBL’s Board members, leadership team, staff, and URS Nepal representatives. Mr. Poudel congratulated FRBL for […]

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"NEPSE Ends with Slight 0.25% Loss at 1,993.42; Turnover at Rs. 86.51 Crores" 5
NEPSE NEWS

“NEPSE Ends with Slight 0.25% Loss at 1,993.42; Turnover at Rs. 86.51 Crores”

  In today’s trading session, the Nepal Stock Exchange (NEPSE) Index concluded at 1,993.42 points, experiencing a decline of 0.25% or 5.05 points compared to the previous day’s closing. The index had shown a gain of 5.09 points the day before. The trading day began with the index starting at 1,999.01 points. It reached its […]

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"176,402 Promoter Shares of MLBBL Converted to Public Shares, Changing Ratio to 51:49" 7
IPO | FPO

“176,402 Promoter Shares of MLBBL Converted to Public Shares, Changing Ratio to 51:49”

  Mithila Laghubitta Bittiya Sanstha Limited (MLBBL) has changed its ownership structure by converting 176,402 promoter shares into public shares. This adjustment has shifted the ownership ratio from 60:40 to 51:49, with promoters now holding 51% of the company’s shares, and the public holding 49%. Currently, MLBBL has a total of 1,960,028 shares listed on […]

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"CDSC Launches SMS Alerts for Right Share Notifications" 9
Business | Market | Economy Dividend

“CDSC Launches SMS Alerts for Right Share Notifications”

  CDSC, in partnership with associated firms, has begun informing investors about the launch of rights shares through mobile messages, starting today (Bhadra 12th), to meet investor demands. The first batch of notifications has been sent to 38,327 out of 70,000 investors of Synergy Power Development Limited (SPDL). CDSC plans to send messages to the […]

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"Kumari Capital's Mutual Fund Schemes Experience NAV Decline After Losses in Baisakh" 11
Business | Market | Economy

“Kumari Capital’s Mutual Fund Schemes Experience NAV Decline After Losses in Baisakh”

  “Kumari Capital Releases NAV Report for KEF, KDBY, and KSLY in Shrawan 2080” Kumari Capital has disclosed the Net Asset Value (NAV) reports for Kumari Equity Fund (KEF), Kumari Dhanabriddhi Yojana (KDBY), and Kumari Sunaulo Lagani Yojana (KSLY) for the month of Shrawan, 2080. In this period, Kumari Equity Fund (KEF) exhibits a fund […]

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"Vision Lumbini Urja IPO: Shares Offered to Kaski Locals and Nepalese Abroad from Bhadra 19" 13
IPO | FPO

“Vision Lumbini Urja IPO: Shares Offered to Kaski Locals and Nepalese Abroad from Bhadra 19”

  Vision Lumbini Urja Company Limited has released a formal offer letter for its Initial Public Offering (IPO), targeting individuals affected by the project in Kaski District and Nepalese citizens employed overseas. The IPO subscription window, specifically tailored for local residents and Nepalese citizens working abroad, will be accessible from the 19th of Bhadra to […]

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"Broker 75 Mega Stock Markets Commences Operations" 15
Business | Market | Economy

“Broker 75 Mega Stock Markets Commences Operations”

  Mega Stock Markets Limited, identified with broker number 75, has officially commenced its operations on Bhadra 8, 2080. The inaugural event, marked by a formal ceremony, was graced by the presence of key figures including the company’s chairman, Dr. Govinda Nepal, Mr. Ramesh Kumar Hamal, the chairman of SEBON, Mr. Prithivi Bahadur Pande, the […]

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"Joshi Hydropower Calls AGM on 31st Bhadra to Approve 65% Right Shares Issue" 17
Dividend

“Joshi Hydropower Calls AGM on 31st Bhadra to Approve 65% Right Shares Issue”

  Joshi Hydropower Development Company Limited has scheduled its 8th Annual General Meeting (AGM) for the 31st of Bhadra. The AGM will take place at Lisara Banquet Hall in Naxal, commencing on Sunday at 11:00 AM. The company has also announced that the book closure date has been set for the 18th of Bhadra. This […]

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"NEPSE Dips Below 2000, Closes at 1993.38; Kutheli Bukhari Hydro Shows Positive Circuit" 19
NEPSE NEWS

“NEPSE Dips Below 2000, Closes at 1993.38; Kutheli Bukhari Hydro Shows Positive Circuit”

  In today’s trading on the Nepal Stock Exchange (NEPSE), the NEPSE Index closed at 1,993.38 points, marking a decrease of 20.54 points or 1.02% compared to yesterday’s closing. The index had faced a loss of 31.52 points on the previous trading day. The trading session began with the index starting at 2,014.21 points and […]

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