AGM

Himalayan Reinsurance Proposes 80% Right Shares Post Bonus Adjustment 1
Business | Market | Economy

Himalayan Reinsurance Proposes 80% Right Shares Post Bonus Adjustment

  Himalayan Reinsurance Limited (HRL) has scheduled its 3rd Annual General Meeting (AGM) for the 20th of Falgun, 2080, to be held at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, starting at 11:00 AM. One of the key agendas of the AGM is the approval of a 4.21% dividend for the fiscal year 2079/80. During the […]

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Himalayan Everest Insurance Distributes Cash Dividend to Shareholders' Bank Accounts 3
Dividend

Himalayan Everest Insurance Distributes Cash Dividend to Shareholders’ Bank Accounts

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 […]

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Gold Price Drops by Rs. 500 Per Tola in Nepalese Market; Silver Stable 5
Gold | Silver | Forex

Gold Price Drops by Rs. 500 Per Tola in Nepalese Market; Silver Stable

  The price of fine gold has dropped by Rs. 500 per tola, according to the latest update from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Currently, fine gold is trading at Rs. 1,18,000 per tola, down from yesterday’s closing rate of Rs. 1,18,500 per tola. Similarly, Tejabi gold is now priced […]

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Soaltee Hotel Limited Q2 FY 2080/2081: Net Profit Rs. 26.31 Crores, 9.44% Revenue Growth 7
Business | Market | Economy

Soaltee Hotel Limited Q2 FY 2080/2081: Net Profit Rs. 26.31 Crores, 9.44% Revenue Growth

Soaltee Hotel Limited (SHL) reported an impressive net profit of Rs. 26.31 crores in the second quarter of the fiscal year 2080/2081, marking a significant increase from Rs. 25.14 crores in the same period last year. During this quarter, the company’s total revenue saw a notable rise of 9.44%, reaching Rs. 1.05 Arba, compared to […]

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Citizen Life Insurance to End Lock-in Period for 434,906 Mutual Fund Shares by Falgun 27 9
Business | Market | Economy

Citizen Life Insurance to End Lock-in Period for 434,906 Mutual Fund Shares by Falgun 27

Citizen Life Insurance Company (CLI) has notified its investors and stakeholders regarding the upcoming end of the lock-in period for 434,906 unit shares held by Mutual Funds. As per the recent directives from the Securities Board of Nepal (SEBON), this lock-in period, which began on Kartik 20, 2080, will conclude on the 27th of Falgun, […]

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Himalayan Reinsurance Proposes 4.21% Dividend for FY 2079/80; Includes Bonus Shares and Cash 11
Dividend

Himalayan Reinsurance Proposes 4.21% Dividend for FY 2079/80; Includes Bonus Shares and Cash

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 […]

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Jeevan Bikas Laghubitta Reports 32.87% Q2 Net Profit Decline, Core Revenue Slump, and Slight Deposit Rise 13
Business | Market | Economy

Jeevan Bikas Laghubitta Reports 32.87% Q2 Net Profit Decline, Core Revenue Slump, and Slight Deposit Rise

In its latest second-quarter report for the fiscal year 2080/2081, Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) reported a significant 32.87% decrease in net profit. The net profit for this quarter fell to Rs. 17.76 crore, down from Rs. 26.47 crore in the same period last year. Despite the decline in net profit, the company […]

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Sindhu Bikas Bank Promoter Shares Up for Auction Today 15
Business | Market | Economy

Sindhu Bikas Bank Promoter Shares Up for Auction Today

  The current owner of Sindhu Bikas Bank Limited (SINDU) plans to sell 131,136 shares to existing shareholders who are interested in becoming promoters. This auction begins today and will last for 35 days, ending on the 26th of Magh. Interested shareholders must submit their bids at the bank’s central office in Banepa, Kavrepalanchowk. If […]

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SAHAS Urja (SAHAS) Achieves 112.33% Q2 Net Profit Surge, Generates Rs. 1.53 Arba from Power Sales 17
Business | Market | Economy

SAHAS Urja (SAHAS) Achieves 112.33% Q2 Net Profit Surge, Generates Rs. 1.53 Arba from Power Sales

Sahas Urja Limited (SAHAS) has released its unaudited report for the second quarter of FY 2080/81, revealing an impressive 112.33% surge in net profit. The company’s net profit rose significantly to Rs. 45.86 crores for this quarter, a substantial increase from Rs. 21.59 crores in the same quarter last year. SAHAS achieved notable revenue from […]

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NRN Infrastructure Reports Q2 Net Profit Surge to Rs. 1.63 Crores; EPS at Rs. 2.67 19
SS

NRN Infrastructure Reports Q2 Net Profit Surge to Rs. 1.63 Crores; EPS at Rs. 2.67

  NRN Infrastructure and Development Limited (NRN) has published its second-quarter report for the fiscal year 2080/2081, indicating a significant increase in net profit by 188.03%. Despite this surge, the net profit rose to Rs. 1.63 crores compared to Rs. 56.78 lakhs in the same quarter of the previous year. The company’s paid-up capital stands […]

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