Category: Nepal Stock Exchange

  • Adarsha Laghubitta Calls AGM on Falgun 30 to Endorse 21.05% Dividend and Share Swap Ratio for Merger

    Adarsha Laghubitta Calls AGM on Falgun 30 to Endorse 21.05% Dividend and Share Swap Ratio for Merger


     

    Adarsha Laghubitta Bittiya Sanstha Limited (ADLB) has scheduled its 5th Annual General Meeting for 30th Falgun, 2079. The meeting will begin at 11 a.m. that day at the Gautam Village Resort in Banepa.

    Among the other items on the agenda, the AGM will approve a 21.05% dividend of Rs. 43.57 lakhs for fiscal year 2078/79. The board of directors decided to distribute the dividend on the paid-up capital of Rs. 2.07 crores at its meeting on March 18. A 20% bonus share and a cash dividend of 1.05% (for tax purposes) have been proposed. Thus, the bonus shares are worth slightly more than Rs. 41.40 lakhs, and the cash dividend is worth slightly more than Rs. 2.17 lakhs. In addition, two directors from the public shareholding group will be elected at the meeting.

     

  • IPO of Bhugol Energy Development Company Opens From Today For Project-Affected Locals and Nepalese Employed Abroad

    IPO of Bhugol Energy Development Company Opens From Today For Project-Affected Locals and Nepalese Employed Abroad


     

    Bhugol Energy Development Company Limited was formed as a private limited company on February 16, 2009, and was later converted to a public limited company on October 31, 2017, to allow for public participation. The company operates the 3.75-MW Dwari Khola Small Hydropower Project in Nepal’s Dailekh District, Karnali Province. The project began commercial operations on May 6, 2017, ahead of the required COD of June 30, 2017, and was built at a total cost of NPR 734 million (NPR 196 million per MW) with an initial debt-to-equity ratio of 82:18.

  • JBLB proposes a 37.368% dividend for fiscal year 2078/79.

    JBLB proposes a 37.368% dividend for fiscal year 2078/79.


    For the fiscal year 2078/79, Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has proposed a dividend of 37.3684%.

    The 72nd meeting of the board of directors, held on Falgun 06, decided to distribute a dividend of Rs. 1.03 Arba on the paid-up capital. A cash dividend of 9.3684% and 28% bonus shares have been proposed. Thus, the bonus shares are valued at Rs. 28.95 crores, while the cash dividend is valued at Rs. 9.68 crores. For the tax amount on bonus shares, a cash dividend has been proposed.

    The dividend will be paid only after approval from Nepal Rastra Bank and approval from the company’s upcoming AGM. Last week, JBLB closed at Rs. 2,711.

    Last year, the company paid a 73.68% dividend, including 70% bonus shares, for fiscal year 2077/78.

  • NEPSE drops another 23.60 points to 2,046.81.

    NEPSE drops another 23.60 points to 2,046.81.


     

    The NEPSE index closed today at 2,046.81, a decrease of 23.60 points from the previous trading day’s close. This represents a 1.14% decrease. The following are the results of the survey.

    Today, the index opened at 2,069.67 and reached an intraday high of 2,069.78. It fell as low as 2,040.18 before

  • Deprosc Laghubitta (DDBL) Announces Book Closure Date for Cash Dividend of 21.052%

    Deprosc Laghubitta (DDBL) Announces Book Closure Date for Cash Dividend of 21.052%


    Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has announced the book closure date for its 21.052632% dividend worth Rs. 29.21 crores for fiscal year 2078/79 and has scheduled the 21st Annual General Meeting for Falgun 30, 2079. The meeting will take place at the Hotel Seven Stars in Sauraha, Chitwan.

    Among the other items on the agenda, the AGM will approve a 21.052632% dividend of Rs. 29.21 crores for fiscal year 2078/79. The 325th meeting of the board of directors, held on Poush 25, decided to distribute a dividend

     

  • Following the merger with BOKL, 11.26 crore units of Global IME Bank’s .

    Following the merger with BOKL, 11.26 crore units of Global IME Bank’s .


    Global IME Bank Limited (GBIME) has added 112,614,336 new shares to the NEPSE.

    On 2nd Ashad, 2079, Global IME Bank Limited (GBIME) and Bank of Kathmandu Limited (BOKL) signed a merger agreement and agreed to a 1: 1 share swap ratio for the merger. As a result of the merger, the additional shares are now listed in NEPSE. After the merger, GBIME’s total listed shares were 245,096,261 and BOKL’s were 112,614,337.17, for a total of 357,710,597 unit shares.

     

  • NEPSE has two government bonds listed.

    NEPSE has two government bonds listed.


    Issuing a new notice today, NEPSE has notified of three new government bonds being listed today. The government bonds were issued via Nepal Rastra Bank.

    The securities listed are:

    9.50% Development Bond 2084 ‘Jha’
    8.98% Development Bond 2084 ‘Nya’

     

  • 60% Bonus Shares of Himalayan Distillery (HDL) Now Listed in NEPSE

    60% Bonus Shares of Himalayan Distillery (HDL) Now Listed in NEPSE


     

    91,10,874.93 unit bonus shares of Himalayan Distillery Limited (HDL) have been Listed in NEPSE.

    The 22nd AGM of the company held on 27th Poush, 2079 endorsed a 70% dividend for the fiscal year 2078/79. The bank endorsed a 60% bonus shares worth Rs. 91.10 crores and a 10% cash dividend (including tax) from the paid-up capital of Rs. 1.51 Arba. The same bonus shares are now listed in NEPSE.

     

  • Chhimek Laghubitta (CBBL) Announces Book Closure Date for its Cash Dividend of 25.26%

    Chhimek Laghubitta (CBBL) Announces Book Closure Date for its Cash Dividend of 25.26%


    Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has unveiled the book closure date for its 25.26% dividend worth Rs. 58.70 crores for the fiscal year 2078/79 and has called the 21st AGM on Chaitra 10, 2079. The meeting will be held in Hetauda, Makawanpur, starting at 11 am that day.

    Among the other agendas, the AGM will endorse a 25.26% dividend for the fiscal year 2078/79. The 282nd meeting of the board of directors held on Poush 27 decided to distribute the dividend on the paid-up capital of Rs. 2.32 Arba. 22% bonus shares worth Rs 51.13 crores and 3.26 % cash dividend (including tax) worth Rs 7.57 crore have been proposed.

     

  • This week, the NEPSE fell 112.22 points (5.14%), with a turnover of Rs 8.25 arba.

    This week, the NEPSE fell 112.22 points (5.14%), with a turnover of Rs 8.25 arba.


    This week’s NEPSE index closed at 2,070.41, down 112.22 points (5.14%). Last week, the index closed at 2,182.63, up 4.21% from the previous week.

    This week, the index reached a high of 2,181.20 and a low of 2,067.41, resulting in 113.79 points of volatility. The previous week’s volatility on the index was 126.3 points.

  • Radhi Bidyut Corporation and Himalayan Bank Bonus Shares are Now Listed on the NEPSE

    Radhi Bidyut Corporation and Himalayan Bank Bonus Shares are Now Listed on the NEPSE


    Radhi Bidyut Company Limited (RADHI) has launched 7,59,990.842 unit bonus shares on NEPSE.

    The company’s AGM, held on Poush 28, 2079, approved a 5% dividend for fiscal year 2078/79. The board of directors of the firm met on the 5th of Poush 2079 and suggested a 5% dividend from the paid-up capital. The firm has a paid-up capital of Rs. 1.59 Arba. A cash dividend of 0.25% (including tax) and 4.75% bonus shares were proposed. NEPSE now lists the same bonus shares.

    Yesterday, RADHI closed at Rs. 262.10.

    Similarly, Himalayan Bank Limited (HBL) has launched 1,03,74,980.58 unit bonus shares on NEPSE.

    The company’s 30th AGM, held on Poush 28, 2079, approved a 19.11% dividend for fiscal year 2078/79. On Poush 05, the 427th board of directors meeting resolved to disburse the dividend on paid-up capital. Bonus shares worth 11.11% and cash dividends of 8% were suggested.

    NEPSE now lists the same bonus shares. HBL’s LTP is Rs. 285.

    Himalayan Bank Limited (HBL) and Civil Bank Limited (CBL) have finalized their merger, and the combined operation will commence on Falgun 12 under the name “Himalayan Bank Limited.” The business signed a merger agreement with a swap ratio of 100: 80.28.

  • Asian Hydropower IPO has received Rs. 1.66 billion from 14.92 lakh applicants as of the last day.

    Asian Hydropower IPO has received Rs. 1.66 billion from 14.92 lakh applicants as of the last day.


    Asian Hydropower Limited issued 697,200 units of shares worth Rs. 6.97 crores to the general public as a part of their Initial Public Offering (IPO) from 27th Magh till 3rd Falgun, 2079.

    Out of the total 840,000 units; 10% i.e. 84,000 units have already been issued and allotted to Nepalese citizens working abroad, whereas 2% i.e 16,800 units have been set aside for the employees of the company and 5% of the total offered shares i.e. 42,000 units have been set aside for the mutual funds. The remaining 6,97,200 units are for the general public. The paid-up capital of the company will reach Rs. 34 Crores after the IPO issuance. The company intends to collect Rs 6.97 crore from this IPO.