Prudential Capital Management Company Limited has initiated the auction of 2,04,537 units of promoter shares belonging to Shine Resunga Development Bank Limited (SHINE). The auction commenced on the 11th of Poush, 2080. In this auction, the specified quantity of promoter shares for SHINE is 2,04,537 units, with a minimum bidding rate set at Rs. 120 […]
NEPSE, the Nepal Stock Exchange Limited, has decided to end the suspension on the trading of securities for Muktinath Bikas Bank Limited (MNBBL). This follows a temporary pause resulting from MNBBL’s delayed submission of information related to the dividend declaration for the fiscal year 2079/80. In an official statement, NEPSE disclosed that MNBBL failed to
Purwanchal Lube Oil Limited has scheduled its 24th Annual General Meeting (AGM) for the 29th of Poush, 2080. The venue for the meeting is set to be the Company Register Office in Sundarharaicha, Morang, Biratchowk, commencing at 11 AM on the specified day. The proposed agendas for the AGM include the endorsement of the company’s
The price of gold has experienced an uptick, rising by Rs. 600 per tola (fine gold) in today’s trading compared to Monday’s rates. The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reports that fine gold is currently being traded at Rs. 1,20,500 per tola, reflecting a Rs. 600 increase from Monday’s trading price
The Gupteshwor Mahadev Cave in Chhorepatan, Pokhara, renowned for its historical and religious significance, has announced an impressive annual revenue of 54.2 million rupees. As a favored destination among tourists exploring Pokhara, the cave attracts visitors for its cultural and religious importance. Information disclosed during the 28th Annual General Meeting of the Gupteshwor Mahadev Cave
In Ichchhakamana rural municipality, a remarkable achievement in agriculture is anticipated as more than 450 farmers are projected to collectively earn Rs 100 million this year exclusively from orange cultivation. The Agriculture Development Section of the rural municipality has reported that the oranges cultivated by local farmers have garnered favorable prices, resulting in substantial income
Upper Tamakoshi Hydropower Limited (UPPER) is gearing up to conduct an auction for 1,70,19,530 unsold ordinary right shares that remained from its earlier 1:1 rights offering. The auction is scheduled to take place from the 13th to the 29th of Poush, 2080. The unsold portion of 1,70,19,530 units of ordinary right shares is the residual
On the 28th of Mangsir, 2080, Upper Tamakoshi Hydropower Limited (UPPER) successfully allocated 8,88,80,470 units of right shares to its shareholders. The company initiated the refund process for non-allotted investors starting from the 3rd of Poush, 2080. Upper Tamakoshi Hydropower Limited had conducted a 100% right shares offering, open from the 18th of Bhadra to
The Securities Board of Nepal has granted approval for Nepal Investment Mega Bank Limited’s “10% NIMB Debenture 2090.” The regulatory nod was received on Poush 2, 2080. The debenture issuance, titled “10% NIMB Debenture 2090,” comprises a total of 40.40 lakh units, with each unit having a par value of Rs. 1,000. Out of the
Butwal Power Company Limited (BPCL) has announced its 31st Annual General Meeting (AGM) scheduled for the 29th of Poush, 2080, corresponding to January 14, 2024. The meeting is set to take place at Karki Banquet, Babarmahal, Kathmandu, starting at 11 am on the specified day. Among the various agendas to be discussed at the AGM,
Budhanilkantha Heritage Hotel Limited has announced its 5th Annual General Meeting (AGM), scheduled for the 27th of Poush, 2080 (equivalent to January 11, 2024). The meeting will take place at the company’s registered office in Budhanilkantha, Kathmandu, Nepal, beginning at 4:00 p.m. Among the various agendas, one notable item is the proposal to issue an
During a recent Cabinet meeting held at Singhadurbar, the government made a significant decision to establish the minimum purchase price for sugarcane at Rs 635 per quintal. The official announcement of this decision was made by government spokesperson Rekha Sharma. As per the newly implemented regulation, sugarcane mills are now required to directly pay Rs
