Month: August 2024
Guardian Micro Life Insurance to Issue 22.5 Lakh Shares to Public
Guardian Micro Life Insurance Limited is preparing to issue 22,50,000 unit ordinary shares to the public at Rs. 100 per share, raising a total of Rs. 22.5 crore. Nepal SBI Merchant Banking Limited has been appointed to provide underwriting services for this significant issuance. The agreement was signed by Mr. Lekhnath Pokhel, Managing Director and […]
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Corporate Development Bank Posts Stunning 2838% Profit Increase
Corporate Development Bank (CORBL) has released its unaudited financial results for the fourth quarter of the fiscal year 2080/81, showcasing an extraordinary 2838.36% increase in net profit. The bank’s net profit soared to Rs 1.78 Crores, a remarkable rise from Rs 6.07 Lakhs in the same period last year. CORBL’s financial standing remains robust, with […]
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Promoter Shares of Four Financial Institutions Up for Auction
The promoter shares of four major financial institutions—Prabhu Bank Limited (PRVU), Nepal Investment Mega Bank (NIMB), Kamana Sewa Bikas Bank Limited (KSBBL), and Shree Investment Finance Company Limited (SIFC)—are being offered via auction. The auction runs from 21st Shrawan to 9th Bhadra, 2081, and is open to promoter shareholders, individuals, companies, and institutions. The auction […]
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NEPSE Index Climbs to 2,796.38 Points
The Nepal Stock Exchange (NEPSE) Index closed at 2,796.38 points today, marking a gain of 40.76 points or 1.47% from the previous trading day’s close. This increase follows a minor drop of 5.29 points in the previous session. The trading day began with the index opening at 2,770.39 points. Throughout the session, the index saw […]
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