Business | Market | Economy
Nepal Investment Mega Bank to Issue Rs. 4.40 Arba “10% NIMB Debenture 2090” from 1st Falgun
Nepal Investment Mega Bank Limited (NIMB) has released an offer letter announcing the issuance of 40,40,000 units of “10% NIMB Debenture 2090” to the general public. This debenture comes with a 10-year maturity period and a 10% coupon rate, and the application period is set from 1st Falgun to 4th Falgun, 2080. In case of […]
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Asian Life Insurance Plans 42% Right Shares Post Bonus Adjustment for Capital Needs
Asian Life Insurance Company Limited (ALICL) has decided to issue 42% right shares after adjustments, as confirmed in their Board of Directors meeting on Friday, Magh 19. This adjustment takes into account the allocation of 7.75% bonus shares from the current paid-up capital of Rs. 3.15 Arba. With the inclusion of bonus shares, the […]
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Suryodaya Womi Laghubitta (SWMF) Proposes 14.07% Bonus Shares for FY 2079/80
Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) has suggested a 14.077% bonus share distribution for the fiscal year 2079/80. In their 216th board meeting on Magh 19, the directors decided to allocate the dividend on the paid-up capital of Rs. 91,07,82,508.50. The entire dividend amount is proposed to be given in the form of bonus […]
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Mandu Hydropower: Lock-in Period for 22,935 Mutual Fund Shares Ending on 23rd
Mandu Hydropower Limited (MANDU) has notified investors and stakeholders about the conclusion of the lock-in period for 22,935 unit shares held by Mutual Funds. This decision aligns with the Securities Board of Nepal’s (SEBON) directives, with the lock-in period set to expire on Falgun 23, 2080. Out of the total 13,636,370 units of shares listed […]
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Mandu Hydropower Q2 Earnings Surge by 11.78% Amidst Revenue Dip; Impressive 22.76% Reduction in Debt
Mandu Hydropower Limited (MANDU) demonstrates robust financial performance in the second quarter of Fiscal Year 2080/81, boasting an impressive 11.78% increase in earnings and achieving a net profit of 17.05 Crores. Notably, the company exhibits prudent financial management by reducing loans and borrowings by 22.76% to Rs. 2.12 Arba during this period. Despite a marginal […]
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Ganapati Laghubitta Bittiya Sanstha Empowers Farmers with Successful Goat Farming Training in Bardiya
Ganapati Laghubitta Bittiya Sanstha Limited’s Bardiya branch takes a significant stride in community development through a recently organized one-day training program focused on commercial goat farming. As part of their Development Training initiative, the program aimed to enrich the skills of enrolled members, witnessing the active participation of 31 customers. The inauguration, presided over by […]
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Kumari Bank Introduces ‘Kumari Sabal Yojana’: 8.5 Crore Units Mutual Fund Scheme for Public Subscription from 28th
Embarking on a new investment avenue, Kumari Capital Limited introduces the closed-end mutual fund scheme, “Kumari Sabal Yojana,” through its recently published offer letter. Opening on the 28th of Magh and closing on the 2nd of Falgun, 2080, this opportunity presents investors with a chance to subscribe to 8.5 crore units, collectively valued at […]
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Mahila Laghubitta: No Dividends for Shareholders in FY 2079/80
In a strategic move towards financial prudence, Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) has officially announced its decision not to distribute dividends for the Fiscal Year 2079/80. The outcome of the 69th Board Meeting, held on Magh 18, 2080, reflects MLBSL’s commitment to responsible financial management. This decision, however, awaits the crucial approvals from the […]
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Citizens Bank Partners with Vinayak Hospital: Up to 10% Discount for Cardholders & Mobile Banking Users
Introducing an exclusive partnership between Citizens Bank International Limited (CZBIL) and Vinayak Hospital & Maternity Home Pvt. Ltd., Tokha, Kathmandu! As of 19th Magh 2080, customers holding Citizens Bank International cards or utilizing mobile banking services are in for a treat. With the newly signed Memorandum of Understanding (MoU), Vinayak Hospital extends a generous discount […]
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JALPA Declares No Dividends for FY 2079/80, Pending Regulatory Approval
Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) has officially declared that it will not be distributing dividends for the Fiscal Year 2079/80. The decision was made during the Board Meeting of JALPA on Magh 16, 2080, where it was decided that the company would abstain from distributing any dividends for the mentioned fiscal year. Importantly, […]
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