21st

Terhathum Power Company Limited Announces 6th AGM and Right Share Issuance Plans 1
Dividend IPO | FPO

Terhathum Power Company Limited Announces 6th AGM and Right Share Issuance Plans

Terhathum Power Company Limited (TPC) has announced its 6th Annual General Meeting (AGM) scheduled for the 21st of Poush, 2080 (January 6, 2024). The meeting is slated to commence at 12:30 p.m. and will take place at the Company Register Office in Battisputali, Kathmandu. The key agendas for the AGM include the endorsement of the […]

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NLBBL Initiates Auction of Promoter Shares to Existing Shareholders with Minimum Bid Rate of Rs. 350 3
Business | Market | Economy

NLBBL Initiates Auction of Promoter Shares to Existing Shareholders with Minimum Bid Rate of Rs. 350

Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has initiated the auction of 26,665 shares of promoter stock to existing promoter shareholders. Interested parties are invited to submit their bids for this auction within 35 days from the publication date of the notice, which is the 21st of Kartik, 2080. The minimum bid rate for participation in […]

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IMandu Hydropower Allots IPO Shares to Overseas Nepalese on 21st Shrawan 5
IPO | FPO

IMandu Hydropower Allots IPO Shares to Overseas Nepalese on 21st Shrawan

  Mandu Hydropower Limited has assigned shares from its Initial Public Offering (IPO) to Nepalese individuals employed overseas. The distribution process ended on the 21st of Shrawan, 2080. This allotment event occurred at the office of Prabhu Capital Limited, the hydropower company’s designated issue manager, located in Kamaladi.  

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NMB Bank's "10.75% NMB Debenture 2089/90" is now available; minimum applications are for 25 units. 7
Business | Market | Economy

NMB Bank’s “10.75% NMB Debenture 2089/90” is now available; minimum applications are for 25 units.

NMB Bank Limited (NMB) is releasing 40,00,000 units of “10.75% NMB Debenture 2089/90″ to the general public and institutions today, Chaitra 21st.   The debenture, which has a maturity period of 10 years and a coupon rate of 10.75%, is available for application from today to the 24th Chaitra, 2079.  If the issue is not fully subscribed, the deadline can be pushed back to Baisakh 5, 2080.  

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Mahila Laghubitta (MLBSL) Bonus Shares (47.5%) Listed on NEPSE 9
NEPSE NEWS

Mahila Laghubitta (MLBSL) Bonus Shares (47.5%) Listed on NEPSE

  NEPSE has listed 7,00,625 unit bonus shares of Mahila Laghubitta Bittiya Sanstha Limited (MLBSL). On 21st Falgun, the company held its 5th AGM for FY 2078/79 and approved a 50% dividend worth Rs. 7.37 crores for the fiscal year 2078/79. On Poush 26, the 51st board of directors decided to distribute the dividend on […]

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Last Day to Apply for Ingwa Hydropower's Locals IPO; Issue Closes Today 11
IPO | FPO

Last Day to Apply for Ingwa Hydropower’s Locals IPO; Issue Closes Today

  Ingwa Hydropower Limited is completing the distribution of 6,00,000 units of IPO shares to project-affected locals today, Chaitra 20, 2079. The problem had begun on the 21st of Falgun, 2079. The company’s issued capital is Rs. 60 crores, of which 10%, or 6,00,000 unit shares worth Rs. 6 crores, have been allocated to project-affected […]

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Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. 13
Dividend

Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend.

Prudential Insurance had its 21st Annual General Meeting (AGM) on Chaitra 16, 2079, under the chairmanship of Mr. Vishal Agrawal.   Apart from standard financial reports, the AGM approved a taxation proposal of 3.325% bonus shares and 0.17% cash dividend. According to the media announcement, the company’s paid-up capital would increase to Rs 1.22 arba.

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From the 21st Chaitra, Prime Commercial Bank will auction 9,00,000 units of promoter shares to the general public and institutions. 15
IPO | FPO Business | Market | Economy

From the 21st Chaitra, Prime Commercial Bank will auction 9,00,000 units of promoter shares to the general public and institutions.

The existing promoters of Prime Commercial Bank Limited are auctioning off 9,00,000 units of promoter shares to the general public from the 21st Chaitra to the 29th Chaitra, 2079. A total of 9,00,000 promoter shares will be auctioned off. Individual investors, businesses, and institutions can all bid in an auction. The minimum bid is Rs. […]

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IPO Warning! City Hotel Limited will issue initial public offering (IPO) shares to Nepalese citizens working abroad and the general public. 19
IPO | FPO

IPO Warning! City Hotel Limited will issue initial public offering (IPO) shares to Nepalese citizens working abroad and the general public.

  City Hotel Limited has issued an offer letter to Nepalese citizens working abroad and the general public in preparation for its Initial Public Offering (IPO). From the 21st Chaitra, 2079, the company will issue 1,67,400 unit shares of Rs 100 face value to Nepalese citizens working abroad. This issue will be closed on the […]

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