Day: September 27, 2024
Dividend Proposal of Api Power Canceled by Regulatory Commission
The dividend proposal of Api Power Company Limited (API) has been officially canceled by the Electricity Regulatory Commission (ERC). Previously, during the 4th board meeting held on Bhadra 07, the company had recommended a 9.4737% dividend for the fiscal year 2080/81, which included 9% bonus shares and a 0.4737% cash dividend. The company’s paid-up capital […]
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Arun Kabeli Power Calls 14th AGM with Focus on Hydropower Development
Arun Kabeli Power Limited (AKPL) has scheduled its 14th Annual General Meeting (AGM) for 4th Kartik, 2081. The meeting will take place at Hotel Crystal Pashupati in Gaushala, Kathmandu, starting at 11 a.m. on the designated date. Key agendas for the AGM include the endorsement of the company’s annual report, auditor’s report, profit and loss […]
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NEPSE Index Faces a 3.49% Decline Amidst Market Volatility
This week, the NEPSE Index closed at 2,486.76, reflecting a significant drop of 90 points or 3.49%. Last week, the index stood at 2,576.76, having already experienced a decline of 4.16% from the previous period. Throughout the week, the market showed increased volatility, with the index hitting a high of 2,643.51 and a low of […]
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Gold Prices in Nepal Surge to Record Highs
Gold prices in Nepal have reached new heights, with the market continuing its upward trend on September 27, 2024. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of fine gold rose to Rs. 1,61,200 per tola, marking a Rs. 500 increase from Rs. 1,60,700 the previous day. Tejabi gold […]
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