Day: December 17, 2023

"First Microfinance Laghubitta Bittiya Sanstha Calls 14th AGM, Proposes 15% Dividend Distribution" 1
Dividend

“First Microfinance Laghubitta Bittiya Sanstha Calls 14th AGM, Proposes 15% Dividend Distribution”

First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has announced its 14th Annual General Meeting (AGM) scheduled for the 28th of Poush, 2080. The meeting is set to take place at Amrapali Banquet in Bhatbhateni, Kathmandu, commencing at 10 AM on the specified day. One of the key items on the agenda for the AGM is […]

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Large Taxpayer Office Reports Record Profit Tax Collection of Rs. 12.5 Arba from Mergers, Acquisitions, and FPOs 3
IPO | FPO

Large Taxpayer Office Reports Record Profit Tax Collection of Rs. 12.5 Arba from Mergers, Acquisitions, and FPOs

The Large Taxpayer Office has reported the successful collection of Rs. 12.5 Arba in profit tax, derived from mergers, gains from acquisitions, and profits generated from Follow-On Public Offerings (FPOs). This significant amount was gathered on Friday and Saturday through detailed filings by numerous organizations. On Friday, 30 organizations contributed to this sum, filing taxes […]

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"Auction Alert: Shree Ganesh Properties Initiates Auction of Himalayan Life Insurance Promoter Shares" 5
Business | Market | Economy

“Auction Alert: Shree Ganesh Properties Initiates Auction of Himalayan Life Insurance Promoter Shares”

Shree Ganesh Properties & Investment Private Limited has initiated the auctioning of 1,24,833 promoter shares of Himalayan Life Insurance Limited (HLI), starting from the 1st to the 6th of Poush, 2080. During this auction, a total of 1,24,833 promoter shares of HLI are available for bidding, with a minimum bid quantity set at 10,000 units. […]

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NEPSE Index Surges by 1.39%, Records Highest Turnover in Five and a Half Months 7
NEPSE NEWS

NEPSE Index Surges by 1.39%, Records Highest Turnover in Five and a Half Months

The Nepal Stock Exchange (NEPSE) Index marked a notable increase of 27.75 points or 1.39% from the previous day’s closing, concluding at 2,022.35 points. In the prior trading session, the index had gained 6.55 points. The day’s market activity commenced with the index opening at 1986.06, reaching an intraday low of 1,951.02, and achieving an […]

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Dibyashwari Hydropower Company Reverses Right Share Issue Ratio to 1:1 Amid Strategic Capital Allocation Plans 9
Dividend

Dibyashwari Hydropower Company Reverses Right Share Issue Ratio to 1:1 Amid Strategic Capital Allocation Plans

Dibyashwari Hydropower Company Limited (DHPL) has modified its previously proposed right share issue ratio. During the Board of Directors (BOD) meeting held on Mangsir 29, the company now suggests a 1:1 ratio, meaning a 100% right share issuance. Initially, the company had planned a 1:1 or 100% right share issuance on Ashad 10, 2080. However, […]

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