Siddhartha Premier Insurance Limited (SPIL) has scheduled its 30th Annual General Meeting (AGM) for the 30th of Falgun, 2080. The AGM will take place at Lisara Receptions, Bhagwati Bahal, Kathmandu, starting at 11:00 a.m. On the agenda is the endorsement of an 11% cash dividend for the fiscal year 2079/80, totaling Rs. 30.87 crores, as […]
Sarbottam Cement Limited has successfully completed the allocation of IPO shares intended for locals affected by industry in Nawalparasi District and mine excavation in Palpa District. The allocation was finalized today, on the 2nd of Falgun, 2080, at Global IME Capital’s office in Kathmandu, serving as the issue manager. The company offered a total of
The Nepal Stock Exchange (NEPSE) Index experienced a loss of 30.56 points, equivalent to 1.45%, closing at 2,070.59 points, following a previous day’s gain of 15.33 points. The market opened at 2,101.56, hitting a low of 2,064.84 and reaching a high of 2,101.55 during the day. In today’s trading, 305 different stocks were traded
NEPSE has listed 49,28,302.71 unit bonus shares of Garima Bikas Bank Limited (GBBL). During the company’s 22nd AGM held on Poush 29, 2080, it approved a 10% dividend for the fiscal year 2079/80. The endorsed dividend includes 9.50% bonus shares valued at Rs. 49.28 crores and a 0.50% cash dividend (for tax purposes) totaling
The Nepal Stock Exchange (NEPSE) Index gained 15.33 points, or 0.73%, closing at 2,101.16 points, rebounding from the previous day’s loss of 10.50 points. Today’s trading began with the index opening at 2,085.81, hitting a low of 2,081.81, and peaking at 2,103.91. Throughout the trading session, 314 different stocks were traded in 75,105 transactions. The
Reliance Spinning Mills Ltd.’s Initial Public Offering (IPO) has been submitted to SEBON’s IPO pipeline for approval. The company plans to offer 1,155,960 unit shares to the public, aiming to raise Rs. 94.88 crore. These shares will be priced at Rs. 820.80 each for general investors. The IPO will be conducted using the book-building method.
Himalayan Everest Insurance Limited (HEI) is distributing a 6.37% cash dividend starting today directly to the bank accounts and DEMAT accounts of its shareholders. Shareholders are encouraged to dematerialize their shares. Additionally, 8.63% bonus shares will be distributed directly to DEMAT accounts after listing in NEPSE. The insurance company held its 30th Annual General Meeting
Himalayan Reinsurance Limited (HRL) has suggested a dividend of 4.21% for the fiscal year 2079/80. In a decision made during the 55th board of directors meeting on Magh 25, it was agreed to distribute this dividend based on the paid-up capital of Rs. 10 Arba. The proposal includes 4% bonus shares and a 0.21% cash
Asian Life Insurance Company Limited (ALICL) has scheduled its 16th Annual General Meeting (AGM) for the 18th of Falgun, 2080. The meeting will take place at Hotel Classic Plaza in Simara, Bara, starting at 11:30 AM on that day. Among the agenda items, the AGM will approve the issuance of right shares and declare an
Sarbottam Cement plans to issue 12.9033% of its total issued capital, which amounts to Rs 4.65 billion. This equates to 6 million shares, valued at Rs 6 billion. Initially, 40% of these shares, totaling 2.4 million, were allocated to Qualified Institutional Investors (QIIs), leaving 60% for the general public. Of the 3.6 million shares
