Shikhar Insurance Company Limited (SICL) has announced that it won’t be paying dividends for the Fiscal Year 2079/80. This decision came after the 322nd Board Meeting held on Falgun 04, 2080. However, the financial statements are pending approval from the Nepal Insurance Authority and will be discussed further in the upcoming Annual General Meeting. […]
Eastern Sahara Company Limited has chosen Global IME Capital Limited as the issue manager for its upcoming IPO of 30,00,000 units at NPR 100 each. The agreement was signed on Falgun 1, 2080, at Global IME Capital Limited’s office in Naxal, Kathmandu. The company, established as a public company in 2079, is based in Birtamode
On the first trading day of the week, the Nepal Stock Exchange (NEPSE) saw a drop, with the index falling by 27.21 points or 1.31% compared to the previous day, closing at 2,034.82 points. This continues a trend from the previous Thursday when the index went down by 14.46 points. Starting today’s trading, the market
NEPSE has introduced a new classification system for listed companies, dividing them into groups A, B, G, and Z. This system aims to offer investors and stakeholders a clearer understanding of companies based on their financial status, performance, and governance. In the A category, which includes 31 companies, NEPSE has identified firms with a minimum
Star Micro Insurance Company Limited has scheduled its inaugural Annual General Meeting (AGM) for the 27th of Falgun, 2080, at its Registered Office on Durbarmarga, Kathmandu, commencing at 11:00 AM. The AGM’s agenda encompasses the approval of the company’s annual report, endorsement of the auditor’s report for the fiscal year 2079/80, including Profit and Loss
This week, the NEPSE Index ended at 2,062.03, dropping by 34.29 points or 1.64%. Last week, it closed at 2,096.32, showing a gain of 1.42%. Throughout this week, the index fluctuated between 2,108.73 and 2,055.82, experiencing a total volatility of 52.91 points. The previous week had a slightly higher volatility of 53.61 points. The most
Today marks the final opportunity to claim the 5.789% dividend offered by United Idi-Mardi and R.B. Hydropower Limited (UMRH). Additionally, the company has scheduled its 14th AGM for the 17th Falgun, 2080, to be held at the Avya Club in Gharipatan, Pokhara, beginning at 11:00 am. Among the agenda items, the AGM will approve the
Sarbottam Cement Limited is starting its IPO of 27,76,076 shares from 13th Falgun, 2080. The closing date is on the 16th Falgun, with a possible extension to the 27th Falgun if it’s not fully subscribed. Initially, 2,67,000 shares were issued to Nepalese citizens working abroad, and 9,30,000 shares were allocated to locals affected by industry
Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has proposed a dividend of 10.52632% for the fiscal year 2079/80. In a meeting held on Falgun 3, the 344th board of directors decided to distribute this dividend based on the paid-up capital of Rs. 1.55 Arba. The proposal includes 10% bonus shares and 0.52632% cash dividend for
Him River Power Ltd. has applied to SEBON for an IPO to issue 1,330,000 shares, aiming to raise Rs. 13.30 crores. The application was submitted on Magh 28, 2080. Siddhartha Capital Limited will manage the offering. CARE Ratings Nepal Limited has given HRPL an issuer rating of ‘CARE-NP BB (Is),’ indicating a moderate risk of
