Month: September 2024
Prabhu Select Fund and Prabhu Smart Fund Announce Dividends for Fiscal Year 2080/81
Prabhu Capital has announced the dividend distribution for its two popular mutual funds—Prabhu Select Fund (PSF) and Prabhu Smart Fund (PRSF)—for the fiscal year 2080/81. The board of directors finalized the dividend payout during its 198th meeting on Bhadra 31. Prabhu Select Fund (PSF) will give a 10% cash dividend to its unitholders, while Prabhu […]
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Sanima Reliance Life Insurance Announces 7th AGM and 18.38% Dividend
Sanima Reliance Life Insurance Limited (SRLI) has scheduled its 7th Annual General Meeting (AGM) for 23rd Ashwin, 2081. The meeting will take place at Anmol Banquet, Sankhamul, Naya Baneshwor, Kathmandu, starting at 11:00 am. One of the key highlights of the AGM will be the approval of an 18.3811% dividend for the fiscal year 2079/80. […]
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Sahas Urja Limited Announces 8.421% Dividend
Sahas Urja Limited (SAHAS) has declared an 8.421% dividend for the fiscal year 2080/81 and has scheduled its Annual General Meeting (AGM) for 4th Kartik, 2081. The AGM will be held at Karki Banquet, Babarmahal, Kathmandu, starting at 11:00 AM. The company has proposed 8% bonus shares worth Rs. 28 Crores and a 0.421% cash […]
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Hathway Investment Nepal Proposes 10.526% Dividend for FY 2080/81
Hathway Investment Nepal Limited (HATHY) has proposed a 10.526% dividend for the fiscal year 2080/81. This includes 10% bonus shares and a 0.526% cash dividend (inclusive of tax), as decided during the 200th meeting of the company’s Board of Directors held on Bhadra 27. With a current paid-up capital of Rs. 1.28 Arba, the proposed […]
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Sanima Reliance Life Insurance Proposes 18.38% Dividend for FY 2079/80
Sanima Reliance Life Insurance Limited (SRLI) has announced a 18.3811% dividend for the fiscal year 2079/80. During the 30th meeting of the company’s Board of Directors on Bhadra 30, it was decided to distribute the dividend in the form of 18.3811% bonus shares, based on the company’s paid-up capital of Rs. 4.18 Arba. The proposed […]
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CEDB Hydropower Development Calls AGM with 11% Dividend and Right Share Proposal
CEDB Hydropower Development Company Limited (CHDC) has scheduled its Annual General Meeting (AGM) for Ashwin 21, 2081, to be held at Kalimati Banquet, Kalimati, Kathmandu, starting at 10:00 AM. One of the key agendas for the AGM is to endorse an 11% dividend for the fiscal year 2080/81. The Board of Directors meeting held on […]
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NEPSE Index Declines by 50.73 Points, Reversing Previous Session Gains
The NEPSE Index experienced a sharp decline of 50.73 points (1.88%), closing at 2,637.79. This fall comes after the previous session’s gain of 78.17 points. The trading day began with the index at 2,698.52 points, reaching a high of 2,734.58 points before dropping to a low of 2,630.11 points. A total of 324 companies participated […]
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Gold Prices in Nepal Hit Record High, Reaching Rs. 1,56,300 per Tola
The gold market in Nepal surged to a new record on September 13, 2024, with significant price increases. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of fine gold has risen to Rs. 1,56,300 per tola, up from Rs. 1,53,300 the previous day, reflecting a sharp rise of Rs. […]
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Global IME Balance Fund-I Proposes 5% Cash Dividend for FY 2080/81
Global IME Balance Fund-I (GIBF1) has proposed a 5% cash dividend for its unit holders for the fiscal year 2080/81. The decision was made during the 178th board meeting of Global IME Capital Limited, held on Bhadra 28, which approved a cash dividend distribution amounting to Rs. 5.12 Crores. GIBF1 is a closed-end fund with […]
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Kamana Sewa Bikas Bank Proposes 12% Dividend for FY 2080/81
Kamana Sewa Bikas Bank Limited (KSBBL) has announced a 12% dividend for its shareholders for the fiscal year 2080/81. The board of directors, in its meeting held on Bhadra 28, 2081, proposed to distribute a 7% bonus share and a 5% cash dividend (including tax) from the company’s profits up to the fourth quarter of […]
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