Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have commenced the auction of their respective promoter shares. Bijaya…
Business | Market | Economy
Sarbottam Cement Announces IPO for Industry-Affected Locals and Foreign Nepalese Immigrants, Following Successful QII Allotmen
Sarbottam Cement Limited has issued an offer letter for an Initial Public Offering (IPO) targeting industry-affected locals of Nawalparasi District, mine excavation-affected locals of Palpa…
Finance Minister Optimistic About 6% Economic Growth and Library Society’s Challenges Addressed at Annual Meeting
Finance Minister Dr. Prakash Sharan Mahat expressed optimism about achieving a 6% economic growth rate, attributing it to the gradual recovery of the country’s economy….
Nepal Rastra Bank is managing excess liquidity through ongoing withdrawals from the banking system
Amidst a surge in liquidity, the central bank is actively withdrawing deposits from banks and financial institutions, having withdrawn a substantial 105 arba rupees in…
Nabil Bank introduces ‘Instant Gold Loan’ for swift financial solutions
Nabil Bank Limited (NABIL) has launched its new financial offering, the ‘Instant Gold Loan,’ designed to provide customers with quick access to funds. This scheme…
SEBON Approves Singati Hydro Energy’s Rs. 1.45 Arba Rights Offering for Expansion and Debt Clearance
The Securities Board of Nepal (SEBON) has granted approval to the rights offering proposal submitted by Singati Hydro Energy Limited (SHEL) on Poush 11, 2080….
Kumari Bank Limited Initiates Promoter Share Auction: Exclusive Opportunity for Existing Shareholders
The current promoters of Kumari Bank Limited (KBL) have initiated an auction for the sale of 3,40,016 units of shares exclusively to the existing promoter…
Revival of Real Estate Expo: Unveiling Trends, Solutions, and Innovations in Nepal’s Property Market
The Nepal Land and Housing Development Association has announced the revival of the ‘Real Estate Expo,’ scheduled to run for four days starting Thursday….
Prudential Capital Initiates Auction for Promoter Shares in Six Financial Institutions
Prudential Capital Management Company Limited has initiated the auction of promoter shares from six financial institutions, namely Prabhu Bank Limited (PRVU), ICFC Finance Limited (ICFC),…
Prudential Capital Initiates Auction of Shine Resunga Development Bank Promoter Shares
Prudential Capital Management Company Limited has initiated the auction of 2,04,537 units of promoter shares belonging to Shine Resunga Development Bank Limited (SHINE). The auction…
NEPSE Ends Suspension on Muktinath Bikas Bank Securities Trading Following Dividend Disclosure Delay
NEPSE, the Nepal Stock Exchange Limited, has decided to end the suspension on the trading of securities for Muktinath Bikas Bank Limited (MNBBL). This follows…
Purwanchal Lube Oil Limited Announces 24th AGM with Key Agendas and Company Overview
Purwanchal Lube Oil Limited has scheduled its 24th Annual General Meeting (AGM) for the 29th of Poush, 2080. The venue for the meeting is set…