Articles & Updates
Citizens Bank International Limited Initiates Auction of Promoter Shares: Exclusive Opportunity for Existing Promoter Shareholders
The current promoter of Citizens Bank International Limited (CZBIL) has initiated the auction of 70,490.61 units of shares, exclusively available to interested existing promoter shareholders, starting today. Ila Sharma plans to divest 70,490.61 units of promoter shares, and the auction is open exclusively to current promoter shareholders. The minimum bid rate for the auction has […]
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Nepalese Gold Market Hits Record High: Fine Gold Peaks at Rs. 1,21,600 per Tola
The Nepalese gold market experienced an extraordinary surge, reaching an unprecedented peak on December 4, 2023. The Federation of Nepal Gold and Silver Dealers’ Association reported an astonishing single-day increase of Rs. 800, driving the price of fine gold to an extraordinary level of Rs. 1,21,600 per tola. Just a day earlier, on December 3, […]
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People’s Power Limited Announces 50% Right Share Issuance for Capital Expansion and Project Development
In accordance with the decision made during the Board of Directors meeting of People’s Power Limited (PPL), the company has resolved to issue right shares at a ratio of 1:0.5, equivalent to 50% of the existing shares. The decision, made during the meeting held on Mangsir 17, entails the issuance of 50% right shares based […]
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Sunrise Capital’s Mutual Funds Report Declines in NAV for Kartik
Sunrise First Mutual Fund (SFMF) has disclosed its monthly Net Asset Value (NAV) report for Kartik, indicating a NAV of Rs. 10.62, a slight decrease from the previous month’s Rs. 10.70. The closed-end fund, with a 10-year maturity, began with Rs. 86 crores and has invested in listed shares, bonds, debentures, public issues, rights issues, […]
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Nepalese Gold Market Soars to Record Highs, Fine Gold Reaches Unprecedented Rs. 119,300 per Tola
“The Nepalese gold market experiences an unprecedented surge as prices hit an all-time high on November 29, 2023. The Federation of Nepal Gold and Silver Dealers’ Association reports a remarkable single-day gain of Rs. 1600, driving fine gold to an extraordinary rate of Rs. 119,300 per tola. Just a day earlier, on November 28, 2023, […]
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NEPSE Faces Challenges: Technical Glitch and Consecutive Declines Mark Trading Day
Due to technical difficulties arising from a power outage impacting the NEPSE system, trading on the Nepal Stock Exchange (NEPSE) experienced a delay of 24 minutes, ultimately leading to an early market closure at 3:24 pm instead of the usual closing time. This interruption occurred on the third consecutive day of declining trends in the […]
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Securities Board of Nepal Approves Nabil Bank’s ‘9% Nabil Debenture 2087’ Offering
Nabil Bank Limited has received approval from the Securities Board of Nepal for its ‘9% Nabil Debenture 2087’ on Mangsir 10, 2080. The debenture issuance comprises a total of 30 lakh units, each with a par value of Rs. 1,000. Out of this total, 12 lakh units will be made available to the general public, […]
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Promoter Share Auctions Initiated by Suryodaya Womi and Asha Laghubitta: Opportunities for Existing Shareholders
The current promoter of Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) has initiated an auction for 60,617 units of shares, targeting existing promoter shareholders. Govinda Sharma and Saraswati Joshi plan to sell 31,266 and 29,351 units, respectively. Interested parties are invited to bid within 35 days from the notice’s publication date. Bids can be submitted […]
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Kumari Bank Initiates Auction of 91,638 Promoter Shares for Existing Shareholders
The current promoter of Kumari Bank Limited (KBL) has initiated the auction of 91,638 units of shares, inviting interest from existing promoter shareholders starting today. Lila Bahadur Gurung aims to sell this block of promoter shares to fellow existing promoters, and interested parties are encouraged to participate in the auction within the next 35 days […]
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Gold Price Rises by Rs. 600 per Tola, Silver also Witnesses Increase in Nepal’s Market
The price of the precious metal gold has experienced an increase of Rs. 600 per tola compared to the trading price on Friday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) today, fine gold is valued at Rs. 1,16,900 per tola, while tejabi gold is priced at Rs. 116,350. In […]
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