Month: September 2024
United Ajod Insurance to Issue 15% Right Shares Worth Rs. 31.50 Crore
United Ajod Insurance Limited (UAIL) has taken a significant step towards raising capital by submitting an application to the Securities Exchange Board of Nepal (SEBON) for the issuance of right shares. The application was submitted on Ashwin 4, 2081, and is currently under preliminary review by the regulatory authority. The company plans to issue 3,150,000 […]
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Last Day to Secure Dividends for NMB 50, Sanima Reliance, and Other Investment Funds
Today marks the last day for investors to secure dividend payouts for several prominent funds and companies. NMB Capital Limited has announced a 15% cash dividend for NMB 50 (NMB50) and a 10% cash dividend for NMB Sulav Investment Fund-II (NSIF2), both of which have their book closure date set for Ashwin 11, 2081. Unit […]
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Unilever Nepal Proposes NPR 1,714 Dividend Per Share for FY 2080/81
Unilever Nepal Limited (UNL) has announced a dividend payout of NPR 1,714 per equity share for the fiscal year 2080/81. This decision was made during the company’s 185th Board of Directors meeting, held virtually via Microsoft Teams on Friday, 9th Asoj 2081 (25th September 2024). During the meeting, the Board approved the audited Annual Accounts […]
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NEPSE Surges by 49.18 Points, Closes at 2,519.57
The Nepal Stock Exchange (NEPSE) Index experienced a strong rebound, climbing by 49.18 points (1.99%) to close at 2,519.57, recovering from the previous session’s 58.93-point decline. The index fluctuated during the day, opening at 2,473.06 points, reaching an intraday low of 2,443.28, and hitting a high of 2,519.97 before settling. In today’s trading session, 327 […]
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ADB Projects Nepal’s Economy to Grow by 4.9% in FY 2024/25
The Asian Development Bank (ADB) has forecasted that Nepal’s economy will grow by 4.9% in the fiscal year 2024/25, surpassing the 3.9% growth recorded in the previous fiscal year. This projection was revealed in ADB’s latest Asian Development Outlook report, which attributes the anticipated growth to a surge in domestic demand, increased capital expenditure, and […]
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Kamana Sewa Bikas Bank Announces 18th AGM and 12% Dividend Proposal
Kamana Sewa Bikas Bank Limited (KSBBL) has scheduled its 18th Annual General Meeting (AGM) for Ashwin 30, 2081. The meeting will take place at Lisara Receptions in Naxal, Kathmandu, starting at 10:30 a.m. One of the key agendas for the AGM is the endorsement of a 12% dividend for the fiscal year 2080/81. As decided […]
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Citizens Bank Proposes 4.21% Dividend for FY 2080/81
Citizens Bank International Limited (CZBIL) has proposed a 4.21% dividend for the fiscal year 2080/81. This includes a 0.21% cash dividend amounting to Rs. 2.98 crores and a 4% bonus share distribution worth Rs. 56.80 crores. The bank’s Board of Directors (BOD) reached this decision during their 463rd meeting held on Ashwin 7. The proposed […]
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NEPSE Drops 58.93 Points, Closes at 2,470.39 Amid Heavy Trading
Nepal Stock Exchange (NEPSE) Index witnessed a significant decline of 58.93 points (2.33%), closing at 2,470.39, following a similar drop of 59.02 points in the previous session. The market showed volatility throughout the day, starting at 2,529.14 points, peaking at an intraday high of 2,547.47, and hitting a low of 2,462.61 before finally settling. A […]
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Gold Prices Hit New Record in Nepal, Surging to Rs. 1,59,200 per Tola
Gold prices in Nepal reached new heights on September 23, 2024, continuing their upward trend. As per the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of fine gold surged to Rs. 1,59,200 per tola, marking a significant increase from the previous day’s Rs. 1,58,800 per tola. Tejabi gold also saw an […]
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Hulas Finserv to Issue 2,075,000 Shares Through IPO with NMB Capital as Issue Manager
Hulas Finserv Hire Purchase Limited, a leading hire purchase company licensed by Nepal Rastra Bank, has teamed up with NMB Capital Limited to issue 2,075,000 ordinary shares to the public through an Initial Public Offering (IPO). The IPO process will be managed by NMB Capital Limited, which has been appointed as the official issue manager […]
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