Tag: also

  • Prime Life Insurance and Butwal Power Company Bonus Shares Are Finally Listed on the NEPSE

    Prime Life Insurance and Butwal Power Company Bonus Shares Are Finally Listed on the NEPSE


     

    Prime Life Insurance Company Limited (PLIC) has listed 36,13,500.25 Units Bonus Shares on NEPSE.

    For the fiscal year 2077/78, the board of directors proposed bonus shares worth Rs. 36,13,500.25 and a cash dividend worth Rs. 1,90,18,422 from the paid-up capital of Rs. 2.77 Arba at its 162nd meeting. NEPSE now lists the same bonus shares.

    A final merger agreement has also been completed between three life insurance companies, Union Life Insurance Co Ltd (ULI), Gurans Life Insurance Co Ltd (GLICL), and Prime Life Insurance Co Ltd (PLIC). The merger agreement was signed by the companies in order to strengthen the company’s capital base at a swap ratio of 1:1:1.

  • Gold and silver prices fell for the third day in a row.

    Gold and silver prices fell for the third day in a row.


     

    The price of gold has decreased by Rs. 500 per tola today.

    According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, fine gold is being traded today at Rs. 101,000 per tola. In the last three days, the price of gold has decreased by Rs 1,800 per tola. The price of gold and silver has decreased for the third consecutive day i.e since Tuesday.

    Meanwhile, Tejabi gold is being traded at Rs. 100,500 today. In contrast, the rate was maintained yesterday at Rs. 100,000 per tola.

    On the sideline, silver has also lost Rs. 5 per tola. The lustrous white metal is being traded in the local market today at Rs. 1,220 per tola, compared to yesterday’s closing rate of Rs. 1,225 per tola.

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  • Infinity Laghubitta holds its sixth annual general meeting and approves the 20% dividend proposal to its shareholders.

    Infinity Laghubitta holds its sixth annual general meeting and approves the 20% dividend proposal to its shareholders.


    On Falgun 14, 2079, Infinity Laghubitta held its sixth annual general meeting (AGM) for the fiscal year 2078–2079 under the direction of its chairman, Mr. Bala Ram Bista.

    The AGM has approved the board’s request to distribute 20% bonus shares worth Rs 8.29 crore to its shareholders from the profit it had generated in the prior fiscal year, in addition to the usual financial reports.

    According to a press release, the AGM also featured a leadership symposium for the firm’s staff, and the company also recognized its top performers.

  • “10.5% BOK Debenture 2086” is now available on the NEPSE.

    “10.5% BOK Debenture 2086” is now available on the NEPSE.


    In NEPSE, 11,00,000 units of “10.5% BOK Debenture 2086” have been listed.

    Bank of Kathmandu Limited issued 11,00,000 units of “10.5% BOK Debenture 2086” between the 2nd and 7th Bhadras of 2079.

    6.60 lakh units were subscribed via private placement from the total issue of 11 lakh units, while the remaining 4.40 lakh units worth Rs. 44 crores were open for public issue, 5% of which was also allocated to mutual funds.

    The “10.50% BOK Debenture 2086” has a maturity period of 7 years and will provide an annual return of 10.50% during that time.

  • Sabaiko Laghubitta Approves 18.95% Dividend for Fiscal Year 2078/79

    Sabaiko Laghubitta Approves 18.95% Dividend for Fiscal Year 2078/79


    Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has scheduled its 6th Annual General Meeting on the 26th of Falgun, 2079. The conference would begin at 10 a.m. that day at the Marsyangdi River View Resort in Bandipur.

    Among the other items on the agenda, the AGM will approve an 18.95% dividend of Rs. 5.11 crores for fiscal year 2078/79. On March 11, the board of directors resolved to disburse the dividend on the paid-up capital of Rs. 27 crores. Tax-free bonus shares of 18% and a cash dividend of 0.95% have been suggested. Thus, the bonus shares are worth little more than Rs. 4.86 crores, and the cash dividend is worth slightly more than Rs. 25.57 lakhs.

    There is also a plan to approve the auditor’s report containing PL statements, financial reports, and cash flow reports for fiscal year 2078/79 and select an auditor for fiscal year 2079/80. During the meeting, the proposal to provide the Board of Directors authority to monitor any company-related merger or acquisition procedures will be adopted.

    The book will be closed on February 14th. As a result, shareholders who held shares prior to that date are entitled to dividends and are welcome to attend this AGM.

  • Ngadi Group Power Limited proposes a 5% dividend for the fiscal year 2078/79

    Ngadi Group Power Limited proposes a 5% dividend for the fiscal year 2078/79


    For the fiscal year 2078/79, Ngadi Group Power Limited (NGPL) has proposed a 5% dividend.

    The board of directors decided on Falgun 1 to distribute the dividend on the paid-up capital of Rs. 1.76 Arba. A cash dividend of 0.25% and 4.75% bonus shares (for tax purposes) have been proposed.

     

  • Higher Impairment Charges Caused a 67.92% Drop in Kalika Laghubitta’s Net Profit

    Higher Impairment Charges Caused a 67.92% Drop in Kalika Laghubitta’s Net Profit


    Kalika Laghubitta Bittiya Sanstha (KMCDB) released its second-quarter report for FY 2079/2080, which showed a 67.92% decrease in net profit. According to the company’s report, net profit fell to Rs. 2.69 crores from Rs. 8.40 crores in the previous year’s corresponding quarter.

    The decrease in growth profit is primarily due to impairment charges totaling Rs. 1.66 crores. Net interest income (core revenue) has also decreased by 9.23% to Rs. 13.7 crores from Rs. 15.16 crores in the same quarter last year.

     

  • Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend;

    Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend;


    Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has called its 11th AGM on 29th Falgun, 2079. The meeting will be held in Bougainvilla Events, Tripureshwor-11, Kathmandu, starting from 11 AM that day.

    Among the other agendas, the AGM will endorse an 11.58% dividend for the fiscal year 2078/79. The board of directors meeting decided to distribute the dividend on the paid-up capital of Rs. 28.81 Crores11% bonus shares and 0.58% cash dividend (for tax purposes) have been proposed by the company. Thus, the bonus shares are worth slightly over Rs. 3.16 crores and the cash dividend is worth slightly over Rs. 16.68 lakhs. The meeting will also elect an independent director and convert the promoter to public shareholding ratio from 60: 40 to 51:49.

     

  • How to check landline bill (Nepal Telecom)

    How to check landline bill (Nepal Telecom)


    There are two ways to check landline bill on Nepal Telecom (NTC).

    • You can dial 1606 and follow IVR
    • You can Type CB*[e.g CB*014000000] and send SMS to 1415.

    You can also refer to Nepal Telecom website for further details.

  • How to transfer balance in NTC

    How to transfer balance in NTC


    If you’re seeking for a simple way to transfer your NTC balance, you’ve come to the perfect location. We will lead you through the procedure step by step in this blog article. So, whether you want to top up your phone or transfer money to a buddy, we’ll teach you how to do it fast and easily.

    This post will show you how to quickly transfer your balance from NTC to NTC. We’ll also give you some pointers on how to get the most out of your NTC service.

    How To Transfer Balance In NTC

    You can transfer your balance in NTC in different ways. You can transfer your balance in NTC via different methods. We will discuss two methods in this blog post.

    You can transfer the NTC balance without a security code. And, also there is another way to transfer the balance where you have to provide your valid security code.

    How to Get the Security Code of NTC?

    To transfer balance NTC to NTC you have to require your security code. If you know the security code of the sender’s NTC card, You can proceed instant balance transfer to NTC. but, if you don’t know your security number, here is the complete guide on how you can get that.

    To Get the Security Code of NTC, follow this process:

    1. Open the messaging app on your phone.
    2. Type SCODE as content
    3. Send it to 1415
    4. Wait for the reply

    You’ll get an instant reply “Dear customer, your password is being reset.”

    After a few seconds you’ll get another reply from the telecom, “Dear Your Name, the password reset has been completed according to your request. Your new password is ********. If you need further support, please contact”

    “Our customer service staff –**-***-****   **:**:**”

    After receiving your security code for the NTC sim card, you can use this code to transfer the balance in NTC to NTC.

    Note: Your security code is always 8 digits long.

    NTC Balance Transfer Through USSD

    After you know your security code, follow these steps for a successful NTC balance transfer.

    1. Open the call-dialing keypad on your phone
    2. Type *422*
    3. Enter the security code
    4. Type *
    5. Now, enter the NTC number where you want to transfer the balance
    6. Type again
    7. Enter the amount you want to transfer
    8. Type #
    9. Now, press the call button

    Congratulations!! You have successfully transferred the balance.

    You’ll get a notification on your messaging app “*** Rupees has been successfully transferred to 98********”

    NTC Transfer Balance Via NT App

    You can transfer your balance in NTC via the NT App. To do this, you will need to have the NT App installed on your phone. Once you have the NT App installed, you will need to open it and sign in. Once you are signed in, you will see your balance at the top of the screen.

    You can download the NT app from the google play store and apple store. This is the best and fastest way to NTC balance transfer. You can transfer NTC balance without a security number.

    Follow this process to transfer the balance in NTC using NT App:

    1. Open the NTC app
    2. Click the Red Button that says Transfer Balance
    3. Enter the destined prepaid NTC mobile number
    4. Enter the amount you want to transfer
    5. Click OK
    6. The OTP will be asked and at the same time will be sent to your number.
    7. Validate the OTP

    You have successfully transferred the balance into the number!!

    You can do the process of NTC balance transfer using the NT App. NTC to NTC balance transfer can be done without a security code in NT App. If you want to transfer your NTC balance without a security code, use NT App Online. If you don’t have internet connectivity you can also use this app offline to transfer your NTC balance.

  • The NEPSE Index fell 60.88 points to close at 2,121.75.

    The NEPSE Index fell 60.88 points to close at 2,121.75.


    The NEPSE index finished at 2,121.75 today, down 60.88 points from the previous trading day’s close. This is a 2.79% decrease. Yesterday, the index rose 12.45 points.

    Today’s opening price for the index is 2,181.2, which is also the intraday high. It dropped as low as 2,117.67 before closing at 2,121.75.

    Through 51,226 transactions, 253 scrips changed hands. A total of 8,139,840 shares were traded for a total of Rs. 2.062 Arba in turnover. This is less than the previous day’s turnover of Rs. 3.047 Arba.

    Himalayan Distillery Limited (HDL) closed at a market price of Rs. 2,605 per share with the highest turnover of Rs. 14.37 crores. The most traded shares were those of NGPL.

    Khaptad Laghubitta Bittiya Sanstha Limited (KLBS) gained the most for the day, 4.48%.

    Ngadi Group Power Ltd. (NGPL) suffered the most loss today, falling 6.60%.

    All sector indexes finished in the red today, with “Finance” losing the most 4.70% and “Mutual Fund” losing the most 0.83%.