Month: December 2023
Bumper Orange Harvest Brings Prosperity to Ichchhakamana: Farmers Set to Earn Rs 100 Million
In Ichchhakamana rural municipality, a remarkable achievement in agriculture is anticipated as more than 450 farmers are projected to collectively earn Rs 100 million this year exclusively from orange cultivation. The Agriculture Development Section of the rural municipality has reported that the oranges cultivated by local farmers have garnered favorable prices, resulting in substantial income […]
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NEPSE Index Faces Significant Decline, Marking a Loss of 1.53% in Recent Trading Session
The Nepal Stock Exchange (NEPSE) Index underwent a significant decline, recording a substantial loss of 32.77 points or 1.53% compared to the previous day’s closing, concluding at 2,109.10 points. This decline follows a positive trend in the previous trading day, which witnessed a gain of 35.39 points for the index. The market’s opening for the […]
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Lumbini Bikas Bank Calls 16th AGM, Proposes 8.5% Dividend for FY 2079/80
Lumbini Bikas Bank Limited (LBBL) has announced its 16th Annual General Meeting (AGM) scheduled for the 26th of Poush, 2080. The meeting is set to take place at Amritbhog, Kalikasthan, Kathmandu, commencing at 11 am on the specified day. Among the key agendas to be addressed during the AGM, the endorsement of an 8.5% dividend […]
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Upper Tamakoshi Hydropower to Auction 1.7 Million Unsold Ordinary Right Shares
Upper Tamakoshi Hydropower Limited (UPPER) is gearing up to conduct an auction for 1,70,19,530 unsold ordinary right shares that remained from its earlier 1:1 rights offering. The auction is scheduled to take place from the 13th to the 29th of Poush, 2080. The unsold portion of 1,70,19,530 units of ordinary right shares is the residual […]
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Upper Tamakoshi Hydropower Successfully Allots 88.88 Million Units of Right Shares, Refunds Non-Allotted Investors
On the 28th of Mangsir, 2080, Upper Tamakoshi Hydropower Limited (UPPER) successfully allocated 8,88,80,470 units of right shares to its shareholders. The company initiated the refund process for non-allotted investors starting from the 3rd of Poush, 2080. Upper Tamakoshi Hydropower Limited had conducted a 100% right shares offering, open from the 18th of Bhadra to […]
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Pokhara Finance Limited Opts Not to Distribute Dividends for FY 2078/79
Pokhara Finance Limited (PFL) has announced its decision to refrain from distributing any dividends for the Fiscal Year 2078/79. The resolution was reached during the 526th Board Meeting held on Poush 5. Importantly, the Board of PFL has not put forth any proposals for cash dividends or bonus shares for the FY 2079/80. It is […]
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“Unilever Nepal Initiates Distribution of 1580% Cash Dividend to Shareholders’ Bank Accounts”
Unilever Nepal Limited (UNL) has initiated the distribution of a 1580% cash dividend directly to the bank accounts of its shareholders starting from Poush, 2080. The company strongly encourages its shareholders to undergo the dematerialization process for their shares. The 30th Annual General Meeting (AGM) of Unilever Nepal for the fiscal year 2079/80 included the […]
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Infinity Laghubitta Bittiya Sanstha (ILBS) Decides Against Dividend Distribution for FY 2079/80
Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has declared that it will not be disbursing any dividends for the Fiscal Year 2079/80. The decision was made during the Board Meeting of ILBS on Poush 04, 2080. It was decided that the company would refrain from distributing dividends for the mentioned fiscal year. It’s important to note […]
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Nepal Investment Mega Bank’s 10% NIMB Debenture 2090 Secures Regulatory Approval
The Securities Board of Nepal has granted approval for Nepal Investment Mega Bank Limited’s “10% NIMB Debenture 2090.” The regulatory nod was received on Poush 2, 2080. The debenture issuance, titled “10% NIMB Debenture 2090,” comprises a total of 40.40 lakh units, with each unit having a par value of Rs. 1,000. Out of the […]
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Butwal Power Company Calls 31st AGM: Endorses 5% Dividend and Proposes FPO
Butwal Power Company Limited (BPCL) has announced its 31st Annual General Meeting (AGM) scheduled for the 29th of Poush, 2080, corresponding to January 14, 2024. The meeting is set to take place at Karki Banquet, Babarmahal, Kathmandu, starting at 11 am on the specified day. Among the various agendas to be discussed at the AGM, […]
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