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.
The Nepal Stock Exchange (NEPSE) Index saw a gain of 1.33%, or 27.54 points, closing at 2,092 points today, following a substantial increase of 45.69 points in the previous session. The index opened at 2,069.88 and touched an intraday low of 2,069.52. It briefly reached as high as 2,121.01 before settling at 2,092 points. In
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The Nepal Stock Exchange (NEPSE) Index experienced a notable increase today, climbing 2.26% or 45.69 points, to close at 2,064.45 points. This surge follows a modest gain of 0.79 points in the previous session. The market opened strong, with an initial gain of 26.04 points, marking a 1.29% rise during the pre-open session. The trading
The gold and silver market in Nepal has reached unprecedented heights, hitting a historic peak on May 19, 2024. The Federation of Nepal Gold and Silver Traders’ Association reported a significant surge in gold prices. Fine gold prices soared by Rs. 1,600 to an extraordinary Rs. 1,40,900 per tola, up from Rs. 1,39,300. Similarly, the
