NIC Asia Bank Limited (NICA) is set to auction 50,000 units of promoter shares of Citizen Investment Trust (CIT) to qualified investors from Jestha 13 to Jestha 20, 2081. The auction invites qualified investors to bid on the promoter shares, with a minimum bid rate set at Rs. 758 per share and a minimum bid […]
The price of fine gold in Nepal has decreased by Rs. 1,800 per tola, according to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Fine gold is now trading at Rs. 1,36,900 per tola, down from Rs. 1,38,700 per tola. Tejabi gold has also seen a decrease, now priced
United Ajod Insurance Limited (UAIL) has announced a plan to issue 15% right shares to meet the minimum capital requirement set by the Nepal Insurance Authority (NIA). This decision was made during the company’s 32nd board meeting on Jestha 09, 2081. Currently, UAIL has a paid-up capital of Rs. 2.1 Arba. The proposed issuance of
The Nepal Stock Exchange (NEPSE) Index recorded a gain of 0.73% or 15.54 points, closing at 2,131.49 points today. This follows a previous session gain of 23.94 points, reflecting continued positive momentum. Today’s trading session opened at 2,116.74, hitting an intraday low of 2,108.37. The index climbed to an intraday high of 2,140.24 before settling
Shangrila Development Bank Limited (SADBL) has announced the auction of 7,642 units of promoter shares to its existing promoter shareholders starting today. The auction is exclusively open to current promoters, who have 35 days from the publication date, i.e., 9th Jestha, to submit their bids. Interested shareholders must place their bids at the bank’s central
NMB Laghubitta Bittiya Sanstha Limited (NMBMF) has issued a notice proposing a change in its share structure, aiming to reduce promoter shares from 70% to 60%. The company is seeking feedback from all promoter shareholders on this proposed adjustment. Currently, NMBMF’s paid-up capital stands at Rs. 72.14 Crores, with a shareholding structure of 70% promoters
The existing promoter of Prabhu Bank Limited (PRVU) has announced the auction of 3,68,084 units of promoter shares. This auction is exclusively open to current promoter shareholders, who can place their bids within 35 days from the notice publication date, i.e., 8th Jestha. Interested promoter shareholders must submit their bids at the bank’s central office
The Electricity Regulatory Commission has given final approval to Buddha Bhumi Nepal Hydropower Company Limited (BNHC) to issue right shares to its shareholders at a 1:1 ratio. This decision was made during a board of directors meeting on Poush 20, 2080. Initially, the board had proposed a 150% right share issue on the paid-up capital
The price of fine gold in Nepal has dropped by Rs. 1,200 per tola, according to the latest report from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Fine gold is now trading at Rs. 1,40,600 per tola, down from its previous closing rate of Rs. 1,41,800 per tola. Tejabi gold has also
The Nepal Stock Exchange (NEPSE) Index rose by 1.14%, or 23.94 points, closing at 2,115.94 points today. This follows a gain of 27.54 points in the previous trading session. The recent upward trend in the NEPSE index is attributed to the positive impact of the monetary policy review concluded last Friday for the third quarter
RSDC Laghubitta Bittiya Sanstha Ltd. (RSDC) has converted 849,916 units of promoter shares into public shares, adjusting the promoter-to-public share ratio to 51:49. This change aims to increase public participation in the company. Currently, RSDC has 9,443,511 unit shares listed on the Nepal Stock Exchange (NEPSE). Previously, the company’s shareholding structure was 60% promoters and
Arun Valley Hydropower Development Company Limited (AHPC) has listed 1,86,79,626 units of right shares on the Nepal Stock Exchange (NEPSE). Earlier, the company offered right shares to its shareholders in a 1:1 ratio, issuing 1,86,79,626 units from 17th Falgun to 7th Chaitra, 2080. Out of these, 1,66,87,492 units, representing 89.34%, were allotted to eligible shareholders.
