Month: December 2023
Budhanilkantha Heritage Hotel Calls 5th AGM with IPO Proposal and ICRA Nepal Rating
Budhanilkantha Heritage Hotel Limited has announced its 5th Annual General Meeting (AGM), scheduled for the 27th of Poush, 2080 (equivalent to January 11, 2024). The meeting will take place at the company’s registered office in Budhanilkantha, Kathmandu, Nepal, beginning at 4:00 p.m. Among the various agendas, one notable item is the proposal to issue an […]
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Nepal Stock Exchange (NEPSE) Witnesses Significant Surge: A Comprehensive Analysis of Market Trends and Sector Performances
In recent weeks, the Nepal Stock Exchange (NEPSE) has witnessed a substantial upward trend, particularly following the first quarterly monetary policy review on Mangir 22. Over the past eight trading days, the NEPSE Index has notably risen from the 1800 levels to the 2100 levels, marking a significant gain of 253.68 points. This surge is […]
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Shivam Cements Calls 8th AGM to Discuss 15% Dividend and Fiscal Year Reports
Shivam Cements Limited (SHIVM) has announced its 8th Annual General Meeting (AGM), scheduled for the 27th of Poush, 2080 (equivalent to January 11, 2024). The meeting is set to take place at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, beginning at 9:00 am. One of the key agendas for the AGM is the endorsement of a […]
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“Siddhartha Premier Insurance Launches Auction of Promoter Shares: Open to General Public and Institutions”
The current promoters of Siddhartha Premier Insurance Limited (SPIL) have initiated the sale of 1,78,865 units of promoter shares through an auction. This auction is open to both interested promoter shareholders and the general public/institutions, spanning from the 4th Poush to the 13th Poush, 2080. In this auction, a total of 1,78,865 units of promoter […]
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Sarbottam Steel Announces 3rd AGM with IPO Proposal and ICRA Ratings Affirmation
Sarbottam Steel Limited has scheduled its third Annual General Meeting (AGM) for the 25th of Poush, 2080 (the equivalent of January 8, 2024). The meeting is set to take place at the Company Office Hall in Neupane Tower, Tinkune, Kathmandu, starting at 11:30 a.m. One of the key agendas for the AGM is the proposal […]
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NEPSE Gains 35.39 Points to Settle at 2,141.87 Levels With 7 Arba Turnover: Fifteen Companies Hit Positive Circuit
The Nepal Stock Exchange (NEPSE) Index registered a gain of 35.39 points, equivalent to 1.68% over the previous day’s closing, concluding at 2,141.87 points. The preceding trading day had seen an increase of 45.98 points for the index. The market kicked off with the index opening at 2113.94, hitting an intraday low of 2,110.76, and […]
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Government Sets Minimum Purchase Price for Sugarcane to Boost Farmer Compensation
During a recent Cabinet meeting held at Singhadurbar, the government made a significant decision to establish the minimum purchase price for sugarcane at Rs 635 per quintal. The official announcement of this decision was made by government spokesperson Rekha Sharma. As per the newly implemented regulation, sugarcane mills are now required to directly pay Rs […]
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NEPSE Index Surges to Five-Month High: A Overview of Today’s Market Trends
The Nepal Stock Exchange (NEPSE) Index showed significant growth, increasing by 45.98 points or 2.23% from the previous day’s closing, concluding at 2,106.48 points. This marks the highest point the NEPSE has reached in almost five months, following a gain of 38.14 points in the preceding trading day. The market opened at an index of […]
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“Nepal Handicraft Fair Wraps Up with Rs 20 Million in Transactions, Emphasizing Global Market Promotion”
The handicraft fair in the federal capital, which took place from December 14 to 18, recently concluded with a reported transaction sum of Rs 20 million, as disclosed by the Nepal Handicrafts Federation. The central goal of the event was to enhance the global market presence of Nepali handicrafts. Various provincial and district handicrafts associations, […]
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Nepal Lube Oil Proposes 30% Dividend for FY 2079/80; Calls 32nd AGM
Nepal Lube Oil Limited (NLO) has proposed a 30% dividend for the fiscal year 2079/80 and has scheduled the 32nd Annual General Meeting (AGM) on Poush 25, 2080. The decision to propose a 30% dividend, comprising 25% bonus shares and 5% cash dividends, was made during the 371st meeting of the board of directors held […]
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