Nesdo Sambridha Laghubitta Bittiya Sanstha Limited, known as NESDO, has scheduled its 4th Annual General Meeting (AGM) for the 26th of Ashwin, 2080. This important meeting will take place at the Royal Kushma Resort, situated in Kusma, Parvat, commencing at 11 AM on the specified day. One of the key items on the AGM’s agenda […]
During its 629th board meeting convened on Bhadra 28, 2080, NIC ASIA Bank unveiled a proposition to grant its shareholders a dividend package consisting of 29% bonus shares and 1.5% cash dividend. This allocation of dividends is a reflection of the bank’s profits accrued in the previous fiscal year. The aggregate dividend sum totals Rs
A significant development has occurred with Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL), where 287,836 units of the company’s promoter shares have recently been transformed into public shares. This transformation has altered the ownership structure of HLBSL, resulting in a new ratio of 51% promoter shares to 49% public shares. To provide a clearer picture of
In the most recent trading session, the Nepal Stock Exchange (NEPSE) Index concluded at a value of 1,964.91 points, reflecting a significant decline of 42.14 points or 2.09% when compared to the closing figures from the previous day. Just a day earlier, on Wednesday, the index had inched up slightly, gaining 39.48 points. The day’s
Mid-Solu Hydropower Company Limited has initiated the issuance of 6,21,172 IPO shares, each with a par value of Rs. 100, starting from the 29th of Bhadra, 2080. The early closing date for this IPO issue is set for the 2nd of Ashwin, and in the event that it is not fully subscribed, the closing date
Prabhu Capital Limited (PRABHU) has convened its 15th Annual General Meeting (AGM) for the 19th of Ashwin, 2080. The meeting is scheduled to take place at the Aranya Boutique Hotel and Restaurant, located on Nagpokhari Marga in Kathmandu, and is set to commence at 1:00 PM on that day. One of the primary items on
The current promoters of National Laghubitta Bittiya Sanstha Limited (NMFBS) have initiated the auction of 62,500 units of shares, starting from today, which is the 29th of Bhadra, and continuing until the 12th of Ashwin, 2080. This auction is open to existing interested promoter shareholders, as well as the general public and institutions. The auction
In the domestic market today, the price of gold has seen a notable increase, surging by Rs. 600 per tola. The official website of the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reports that fine gold is currently being traded at Rs. 111,800 per tola, marking a significant rise from yesterday’s rate of
NIC Asia Bank Limited (NICA) has made an important financial announcement by declaring a dividend for its investors. The decision was reached during a meeting of the bank’s board of directors on Thursday, the 28th of Bhadra. The dividend distribution plan is based on the profits generated during the financial year 79/80. Under the proposed
This week, the Nepal Stock Exchange (NEPSE) was active for only four trading days due to Thursday being a holiday. During these four days, the NEPSE index showed significant upward momentum, closing at 2007.06 points. This marked an impressive gain of 74.61 points, equivalent to a 3.86% increase. This positive performance was a stark contrast
Himalayan Capital Limited, the issue manager for the “Himalayan 80-20” MF scheme’s IPO, has announced the completion of allotment for the 85 million units made available to the general public. Initially, Himalayan Capital had offered 10 million units valued at Rs 1 billion, priced at Rs 10 per unit. Out of this total, 15 percent
On Tuesday, which was Bhadra 26 in the Nepali calendar, the Chirkhwa Hydropower IPO was allocated to Nepali migrant workers living abroad. The IPO distribution took place at the office of RBB Merchant Banking Limited, which serves as the company’s IPO issue manager.
