Day: May 20, 2024

RSDC Laghubitta Converts Promoter Shares to Public
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RSDC Laghubitta Converts Promoter Shares to Public

RSDC Laghubitta Bittiya Sanstha Ltd. (RSDC) has converted 849,916 units of promoter shares into public shares, adjusting the promoter-to-public share ratio to 51:49. This change aims to increase public participation in the company. Currently, RSDC has 9,443,511 unit shares listed on the Nepal Stock Exchange (NEPSE). Previously, the company’s shareholding structure was 60% promoters and […]

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Arun Valley Hydropower Lists 1.86 Crore Right Shares on NEPSE
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Arun Valley Hydropower Lists 1.86 Crore Right Shares on NEPSE

Arun Valley Hydropower Development Company Limited (AHPC) has listed 1,86,79,626 units of right shares on the Nepal Stock Exchange (NEPSE). Earlier, the company offered right shares to its shareholders in a 1:1 ratio, issuing 1,86,79,626 units from 17th Falgun to 7th Chaitra, 2080. Out of these, 1,66,87,492 units, representing 89.34%, were allotted to eligible shareholders. […]

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NEPSE Index Gains 1.33%, Closes at 2,092 Points
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NEPSE Index Gains 1.33%, Closes at 2,092 Points

The Nepal Stock Exchange (NEPSE) Index saw a gain of 1.33%, or 27.54 points, closing at 2,092 points today, following a substantial increase of 45.69 points in the previous session. The index opened at 2,069.88 and touched an intraday low of 2,069.52. It briefly reached as high as 2,121.01 before settling at 2,092 points. In […]

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connectIPS Launches Cashback Offer for Life Insurance Payments
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connectIPS Launches Cashback Offer for Life Insurance Payments

connectIPS has introduced an exciting offer for life insurance premium payments, where 10 lucky users will receive Rs 1,000 cashback weekly, and one fortunate user will get full cashback up to Rs 40,000 monthly. This offer is valid from 6th Jestha to 32nd Shrawan 2081 and is applicable for payments made using connectIPS via the […]

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