Tag: Adarsha

  • Deprosc Laghubitta holds its 21st annual general meeting, at which it approves a 21.05% dividend and the acquisition of Adarsha Laghubitta.

    Deprosc Laghubitta holds its 21st annual general meeting, at which it approves a 21.05% dividend and the acquisition of Adarsha Laghubitta.


     

    Mr. Deepak Khanal, chair of Deprosc Laghubitta, presided over the company’s 21st AGM.

    For the previous fiscal year, the AGM approved 10% bonus shares and 11.052632% cash dividends for its shareholders. According to the media statement, the company’s paid-up capital will increase to Rs 1.52 arba after the bonus shares.

  • 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.

     

  • NEPSE Index Retrace 2200 Levels Once More

    NEPSE Index Retrace 2200 Levels Once More


    The NEPSE index finished at 2,170.21 today, down 7.13 points from the previous trading day’s close. This is a 0.33% decrease. Yesterday, the index rose 76.64 points.

    The index started the day at 2,181.62 and reached an intraday high of 2,213.89. It dropped as low as 2,161.00 before closing at 2,170.21.Through 55,602 transactions, 257 scrips changed hands. A total of 10,502,649 shares were traded, totaling Rs. 3.691 Arba in activity. This is more than the previous day’s turnover of Rs. 3.362 Arba.The largest turnover was Rs. 11.28 crores by Nepal Reinsurance Company Limited (NRIC), which closed at a market price of Rs. 852 per share. API Power Company Ltd. (API) had the greatest trading volume.

    Terhathum Power Company Limited (TPC) gained the most for the day, 3.32%

    Adarsha Laghubitta Bittiya Sanstha Limited (ADLB) suffered the most loss today, falling 5.14%.

    Only one sector finished in the green today, “Others,” which gained 0.50%, while “Finance” dropped the most, 1.94%.