Tag: 23rd

  • Mandu Hydropower: Lock-in Period for 22,935 Mutual Fund Shares Ending on 23rd

    Mandu Hydropower: Lock-in Period for 22,935 Mutual Fund Shares Ending on 23rd


    Mandu Hydropower Limited (MANDU) has notified investors and stakeholders about the conclusion of the lock-in period for 22,935 unit shares held by Mutual Funds. This decision aligns with the Securities Board of Nepal’s (SEBON) directives, with the lock-in period set to expire on Falgun 23, 2080.

    Out of the total 13,636,370 units of shares listed on the Nepal Stock Exchange (NEPSE) by MANDU, 5 percent, equivalent to 72,133 unit shares, were specifically allocated for Mutual Funds. However, only 22,935 units were subjected to the lock-in period according to SEBON’s directives issued on Kartik 25. The recent notice informs investors and stakeholders that the lock-in period for these 22,935 unit shares has concluded as of Falgun 23.

     

  • The BPW Laghubitta IPO will be completed on Friday; 8,095 applicants will receive 10 units each.

    The BPW Laghubitta IPO will be completed on Friday; 8,095 applicants will receive 10 units each.


    BPW Laghubitta Bittiya Sanstha Limited’s initial public offering (IPO) will take place this Friday, 3rd Chaitra, 2079. The allotment program will begin at 11 a.m. on the premises of the issue manager, Mega Capital Markets, in Kamalpokhari.

    From the 18th to the 23rd Falgun, the company issued 80,950 units of Rs 100 face value shares to the general public as an Initial Public Offering. Out of the total 97,000 units, 10%, or 9,700 units, were set aside for Nepalese citizens working abroad, 1.50%, or 1,500 units, were set aside for company employees, and 5%, or 4,850 units, were set aside for mutual funds. The remaining 80,950 units were made available to the gene

     

  • Supermai Hydropower IPO Allotment to be Concluded Tomorrow Morning

    Supermai Hydropower IPO Allotment to be Concluded Tomorrow Morning


     

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    The IPO allotment of Supermai Hydropower Limited will take place tomorrow morning, i.e. on 4th Falgun, 2079. The allotment program will be held on the premises of the issue manager Sanima Capital Limited, Naxal.

    The company issued 4,15,000 units of shares of Rs 100 face value as an Initial Public Offering worth Rs 4.15 crore to the general public from the 23rd Magh till the 26th Magh. Out of the total 500,000 units; 10% i.e. 50,000 units have already been issued and allotted to Nepalese citizens working abroad, whereas 2% i.e 10,000 units have been set aside for the employees of the company and 5% of the total offered shares i.e. 25,000 units have been set aside for the mutual funds. The remaining 4,15,000 units are for the general public

     

  • Prabhu Insurance Company Will Hold An AGM On February 23rd; The Company Will Endorse 7.05%

    Prabhu Insurance Company Will Hold An AGM On February 23rd; The Company Will Endorse 7.05%


     

    Prabhu Insurance Company Limited (PRIN) has called its 27th AGM on 23rd Falgun, 2079. The meeting will be held in the company’s head office located at Tinkune, Kathmandu, starting at 11 AM that day.

    Among the other agendas, the AGM will endorse a 7.05% dividend for the fiscal year 2078/79. The 414th meeting of the board of directors held on Poush 24 decided to distribute the dividend on the paid-up capital of Rs. 1.28 Arba. 6.70% bonus shares worth Rs 8.64 crores and 0.35% cash dividend (for tax) worth slightly over Rs 45.47 lakhs have been proposed.