Dividend

NLG Insurance Proposes 5.79% Dividend for Fiscal Year 2079/80 1
Dividend

NLG Insurance Proposes 5.79% Dividend for Fiscal Year 2079/80

NLG Insurance Company Limited (NLG) has proposed a dividend of 5.78947% for the fiscal year 2079/80. In the 422nd meeting of the board of directors held on Poush 29, the decision was made to distribute this dividend on the paid-up capital of Rs. 1,45,92,75,791. The proposed dividend includes 5.5% bonus shares valued at slightly over […]

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Himalayan Everest Insurance Sets AGM on 25th Magh to Approve 15% Dividend; Book Closure Date? 3
Dividend

Himalayan Everest Insurance Sets AGM on 25th Magh to Approve 15% Dividend; Book Closure Date?

Himalayan Everest Insurance Limited (HEI) has scheduled its 30th Annual General Meeting (AGM) for February 25, 2080. The meeting will take place at Baneshwor Banquet in Thapagaun, starting at 11 AM. One of the key items on the AGM agenda is the approval of a 15% dividend for the fiscal year 2079/80. In a previous […]

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Kisan Laghubitta (KLBSL) Opts Not to Distribute Dividend for FY 79/80 5
Dividend

Kisan Laghubitta (KLBSL) Opts Not to Distribute Dividend for FY 79/80

Kisan Laghubitta Bittiya Sanstha Limited (KLBSL) has announced the non-distribution of dividends for the Fiscal Year 2079/80. The decision was made during the 127th Board Meeting on Poush 26, 2080. It’s worth noting that this determination is subject to approval from the regulatory authority, Nepal Rastra Bank, and confirmation at the upcoming Annual General Meeting […]

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Dhaulagiri Laghubitta Bittiya Sanstha Cancels Dividend for FY 2079/80 7
Dividend

Dhaulagiri Laghubitta Bittiya Sanstha Cancels Dividend for FY 2079/80

  Dhaulagiri Laghubitta Bittiya Sanstha Limited (DLBS) has recently declared the cancellation of dividend distribution for the Fiscal Year 2079/80. Initially, during the 8th board of directors meeting on Kartik 22, the company had proposed a distribution plan of 14.25% bonus shares and 0.25% cash dividend (for tax purposes) from the paid-up capital, which amounted […]

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Upper Tamakoshi Hydropower Limited Initiates Auction for Unclaimed Right Shares 9
Dividend Business | Market | Economy

Upper Tamakoshi Hydropower Limited Initiates Auction for Unclaimed Right Shares

Upper Tamakoshi Hydropower Limited (UPPER) is currently conducting an auction for its unclaimed right shares, which commenced on the 13th of Poush and is scheduled to conclude on the 29th of Poush, 2080. The auction involves 1,70,19,530 units of ordinary right shares, representing the remaining portion of the rights offering issued by the company. The […]

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SEBON Approval: Ridi Power and Arun Valley Hydropower Set to Issue Right Shares for Expansion 11
Dividend

SEBON Approval: Ridi Power and Arun Valley Hydropower Set to Issue Right Shares for Expansion

“The Securities Board of Nepal (SEBON) has given the green light to the rights offering proposals of two hydropower companies, Ridi Power Company Limited (RIDI) and Arun Valley Hydropower Development Company Limited (AHPC). Ridi Power Company plans to issue 50% right shares, totaling Rs. 77.44 Crores, equivalent to 7,744,506 units, to its existing shareholders. This […]

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Narayani Development Bank (NABBC) Granted SEBON Approval for Rs. 26.24 Crores Rights Offering 13
Dividend

Narayani Development Bank (NABBC) Granted SEBON Approval for Rs. 26.24 Crores Rights Offering

The Securities Board of Nepal (SEBON) has granted approval to Narayani Development Bank Limited’s (NABBC) rights offering proposal on Poush 19, 2080. The bank is set to issue 100% right shares with a total value of Rs. 26.24 Crores, distributing 26,24,676 units (1:1) of right shares among its existing shareholders. Currently holding a paid-up capital […]

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Citizen Life Insurance Company Prepares for 7th AGM, Proposing a 5.2632% Dividend for FY 2079/80 15
Dividend

Citizen Life Insurance Company Prepares for 7th AGM, Proposing a 5.2632% Dividend for FY 2079/80

Citizen Life Insurance Company Limited (CLI) has scheduled its 7th Annual General Meeting (AGM) for the 14th of Magh, 2080. The venue for the meeting is Amrapali Banquet, Naxal, Kathmandu, and it is set to commence at 11 AM on that day. One of the key agendas for the AGM is the endorsement of a […]

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Seize Your Share: Final Day for Dividends from SIFC, BNT, and MH 17
Dividend

Seize Your Share: Final Day for Dividends from SIFC, BNT, and MH

Today marks the final opportunity for shareholders to seize the proposed 5.05% cash dividend declared by Shree Investment Finance Company Limited (SIFC). The company’s 29th Annual General Meeting (AGM) is scheduled for the 29th of Poush, 2080, at the office of the company registrar in Dillibazar, Kathmandu, beginning at 10 am. The decision to distribute […]

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