United Modi Hydropower Limited (UMHL) held its 10th Annual General Meeting on Jestha 27th at Kalimati Banquet in Kathmandu. The meeting saw significant decisions, including the approval of a 1:1 rights share issuance and the election of Nabin Silwal, Abinash Pandit, Sapana Gurung, and Sunil Bhakta Shrestha to the board of directors. The AGM, chaired […]
Kumari Capital Limited has announced the auction of 45,57,912 units of promoter shares of Kumari Bank Limited (KBL) starting today, Jestha 28, and running until Ashad 3, 2081. The auction is open to interested general public and institutions. The minimum bid rate is set at Rs. 100, and the minimum bid quantity is 1,00,000 units.
The price of fine gold in Nepal has seen a notable decline, dropping by Rs. 500 per tola, according to the latest report released by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Fine gold is now valued at Rs. 1,42,200 per tola, marking a Rs. 500 decrease from its previous closing rate
The existing promoter of Kumari Bank Limited (KBL), Niva Saiju, is auctioning 16,830 units of shares to interested promoter shareholders, starting from today. Only existing promoters of KBL are eligible to bid for the auction within 35 days from the date of publication of this notice, i.e., 23rd Jestha. Shareholders should submit their bids at
The Nepal Stock Exchange (NEPSE) Index registered a decrease of 0.26% today, shedding 5.58 points to close at 2,079.71 levels. This decline follows a previous session gain of 6.22 points. The trading session began with the index at 2,087.74 points. During the day, the index fluctuated, reaching an intraday high of 2,091.88 points and a
In the latest update from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the price of fine gold has witnessed a significant drop of Rs. 1,000 per tola. Currently, fine gold is being traded at a rate of Rs. 1,41,000 per tola, marking a decrease from its previous rate of Rs. 1,42,000 per
The investment community in Nepal eagerly awaits the presentation of the national budget for the fiscal year 2081/82 by the Honorable Finance Minister on Jestha 15, 2081. Investors are hopeful that the new budget will include provisions to support and boost the capital market sector. Currently, the Securities Board of Nepal mandates a withholding tax
The Securities Board of Nepal (SEBON) has approved the “7% Nepal SBI Bank Debenture, 2090” for its pipeline. The debenture issue is valued at Rs 3 Arba. Nepal SBI Bank Limited (SBI) plans to issue 3,000,000 units of the debenture, each priced at Rs 1000. Out of these, 12 lakh units will be available to
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
