Month: April 2024
SMB Reports Impressive Q3 Performance: Net Profit Surges by 94.90%
Support Laghubitta Bittiya Sanstha Limited (SMB) has unveiled its third-quarter fiscal report for the year 2080/2081, demonstrating remarkable financial performance. The company recorded a substantial 94.90% increase in net profit, surging from Rs. 63.31 lakhs to Rs. 1.23 crores compared to the corresponding quarter last year. Core revenue, represented by net interest income, witnessed a […]
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Kumari Bank Extends Promoter Share Auction Deadline
Kumari Bank Limited (KBL) has decided to extend the deadline for the auction of 4,50,000 units of promoter shares until 18th Baishakh, 2081. The auction, managed by Kumari Capital Limited, initially began on the 3rd of Baishakh, 2081, with the intention of concluding today, on the 12th of Baishakh, 2081. However, due to an insufficient […]
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33 Construction Firms Blacklisted by PPMO for Missed Deadlines
In a significant move, the Public Procurement Monitoring Office (PPMO) has announced the blacklisting of 33 construction companies, including well-known names like Pappu Construction Pvt Ltd, for failing to meet project deadlines. The PPMO issued a formal notice on Tuesday, publicly declaring the disqualification of these companies for a period of two and a half […]
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33 Construction Firms Blacklisted by PPMO for Missed Deadlines
In a significant move, the Public Procurement Monitoring Office (PPMO) has announced the blacklisting of 33 construction companies, including well-known names like Pappu Construction Pvt Ltd, for failing to meet project deadlines. The PPMO issued a formal notice on Tuesday, publicly declaring the disqualification of these companies for a period of two and a half […]
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CHDC Calls AGM for Fiscal Year Approval and Shareholder Decisions
CEDB Hydropower Development Company Limited (CHDC) has announced its Annual General Meeting (AGM) scheduled for Baishakh 31, 2081. The meeting will take place at Newa Bamboo Cottage, Harisiddhi, Lalitpur, starting at 8:00 AM. Key agendas for the AGM include endorsing financial reports for fiscal years 2077/78 and 2078/79, approving the auditor’s report, appointing auditors for […]
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CHDC Calls AGM for Fiscal Year Approval and Shareholder Decisions
CEDB Hydropower Development Company Limited (CHDC) has announced its Annual General Meeting (AGM) scheduled for Baishakh 31, 2081. The meeting will take place at Newa Bamboo Cottage, Harisiddhi, Lalitpur, starting at 8:00 AM. Key agendas for the AGM include endorsing financial reports for fiscal years 2077/78 and 2078/79, approving the auditor’s report, appointing auditors for […]
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Gold Prices Dip in Nepal: Decline of Rs. 2,700 per Tola
The price of fine gold in Nepal has seen a significant drop, as reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Pure gold is now trading at Rs. 1,35,500 per tola, down by Rs. 2,700 from the previous rate of Rs. 1,38,200 per tola. Tejabi gold has also witnessed a similar […]
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Gold Prices Dip in Nepal: Decline of Rs. 2,700 per Tola
The price of fine gold in Nepal has seen a significant drop, as reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Pure gold is now trading at Rs. 1,35,500 per tola, down by Rs. 2,700 from the previous rate of Rs. 1,38,200 per tola. Tejabi gold has also witnessed a similar […]
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Global IME Bank Lists 35.77 Million Bonus Shares on NEPSE
Global IME Bank Limited (GBIME) has made headlines by listing a significant number of bonus shares on the Nepal Stock Exchange (NEPSE). The move follows the bank’s 17th Annual General Meeting (AGM) held on 28th Mangsir, 2080, where shareholders approved a 9% dividend for the fiscal year 2079/80. During the board’s 429th meeting on Kartik […]
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Multipurpose Finance Company Initiates Auction of Promoter Shares
Multipurpose Finance Company Limited (MPFL) has announced an auction of 2,50,971 units of shares, with the existing promoter extending the opportunity exclusively to its shareholder base. The auction, initiated on 10th Baishakh, 2081, invites interested promoter shareholders to participate within a 35-day window from the date of publication of the notice. United Ajod Insurance, a […]
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