In a strategic move prioritizing financial stability, Nepal Investment Mega Bank Limited (NIMB) has declared a noteworthy decision in its 598th Board Meeting held on Magh 19, 2080. The bank has chosen not to distribute dividends for the Fiscal Year 2079/80. This prudent decision reflects NIMB’s commitment to fortifying its financial reserves and aligning with […]
Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) has officially declared that it will not be distributing dividends for the Fiscal Year 2079/80. The decision was made during the Board Meeting of JALPA on Magh 16, 2080, where it was decided that the company would abstain from distributing any dividends for the mentioned fiscal year. Importantly,
The Nepal Stock Exchange (NEPSE) Index experienced a decline of 21.67 points, equivalent to 1.02% from the previous day’s closing, settling at 2,097.93 points. In contrast, the index had recorded a gain of 14.88 points in the preceding trading session. The market commenced today with an opening index of 2,119.17, witnessing fluctuations throughout the day,
Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) is set to reward its stakeholders with a proposed dividend of 7.3684%, amounting to Rs. 4.62 crores for the fiscal year 2079/80. The decision was made during the 263rd board meeting on Magh 15, where the directors recommended a distribution on the paid-up capital of Rs. 62.72 Crores. The
Rangoon Khola Hydropower Limited is set to convene its inaugural Annual General Meeting (AGM) on the 9th of Falgun, 2080. The meeting, scheduled to commence at 11:00 AM at the Company’s Register Office in Sukedhara, Kathmandu, holds significant importance as it addresses crucial agenda items. Among them, the AGM will focus on the endorsement of
Experience the thrill of Nepal’s stock market as the Nepal Stock Exchange (NEPSE) Index showcases a remarkable gain of 10.26 points, equivalent to 0.48%, settling at an impressive 2,104.72 points, surpassing the previous day’s closing. Reflecting a resilient market, the day commenced with an opening index of 2,097.48, navigating through an intraday low of
Investors of Himalayan Everest Insurance Limited (HEI) are urged to seize the opportunity as today marks the final day to avail the enticing 15% dividend proposed by the company. The decision was reached during the 317th board of directors meeting on Poush 25, where it was resolved to distribute dividends based on the paid-up capital
Singati Hydro Energy Limited (SHEL) is embarking on a new phase of expansion and growth with the issuance of its 100% rights shares, as outlined in its recently published offer letter. The company has opened the window for applications for these right shares in a generous ratio of 1:1 or 100%, accepting applications from 2nd
Sanima GIC Insurance Limited (SGIC) has recently announced its decision to refrain from distributing dividends for the Fiscal Year 2079/80. The resolution was reached during the 134th Board Meeting of SGIC, held on Magh 10, 2080. The decision not to distribute dividends stems from a careful consideration of various factors and aligns with the
WNLB, as per the decision made during its recent Board Meeting on Magh 10, 2080, has opted not to distribute any dividends for the fiscal year 2079/80. This resolution is subject to the approval of the financial statements by the regulatory authority, Nepal Rastra Bank, and the forthcoming Annual General Meeting of the company. It’s
Puwa Khola-1 Hydropower Limited is set to make a significant market debut by appointing LS Capital Limited as the IPO issue and sales manager for its upcoming public offering. The hydropower company plans to release 19,46,660 ordinary shares to the general public, each carrying a face value of Rs 100. The strategic move towards IPO
Super Khudi Hydropower Limited, a pioneering venture in the renewable energy sector, has recently appointed Global IME Capital Limited as the dedicated issue and sales manager for its upcoming Initial Public Offering (IPO). The highly anticipated IPO entails the issuance of 6,975,000 ordinary shares to the general public, each with a face value of Rs
