Prabhu Capital has been appointed as the share registrar for Sagarmatha Jalvidhyut Company.
According to the statement, the agreement was signed on Chaitra 20, 2079 by the chairman of the hydro company, Dr. Bhogendra Kumar Guragain, and the CEO of the Merchant bank, Mr. Aasis Gauchan.
Modi Energy Limited has distributed IPO shares to Parbat District residents affected by the project. The allotment program came to an end on Chaitra 19, 2079.
From the 25th Falgun to the 16th Chaitra, 2079, the company issued 29,00,000 unit IPO shares, representing 10% of the issued capital of Rs. 2.9 Arba, to project-affected residents of Parbat District. Locals could apply for a minimum of 10 shares and a maximum of 1000 shares.
The NEPSE index closed at 1,866.68 today, down 5.20 points from the previous trading day’s close. This is a 0.28% decrease. Yesterday, the index fell 16.67 points.
Today, the index opened at 1,872.65 and closed at 1,856.69. In contrast, it reached a high of 1,880.31 before settling at 1,866.68.
Through 23,170 transactions, 264 scrips changed hands. A total of 2,971,947 shares were traded, totaling Rs. 91.76 crores in turnover. This is less than the previous day’s turnover of Rs. 92.02 Crores.
Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) has scheduled its 11th Annual General Meeting for 30th Baisakh, 2080. The meeting will begin at 9 a.m. that day at Dhulikhel Lodge Resort Pvt. Ltd., Dhulikhel, Kavrepalanchowk.
Among the other items on the agenda, the AGM will approve a 15% bonus share for fiscal year 2078/79. The company’s current paid-up capital is Rs. 79.19 Crores. For the fiscal year 2078/79, the company has proposed a 15% bonus dividend worth Rs. 11.87 Crores from its paid-up capital.
Dolti Power Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).
From the 28th Chaitra of 2079, the company will issue 12,71,861 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 12.71 crore for the company. This issue’s early closing date is the 3rd Baisakh, and if it is still not fully subscribed, it can be extended until the 12th Baisakh, 2080.
Today’s gold price has fallen by Rs. 600 per tola.
According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 108,000 per tola. Yesterday, the rate remained unchanged at Rs. 108,600 per tola. Meanwhile, Tejabi gold is being traded at Rs. 107,500 today. In contrast, the rate was maintained yesterday at Rs. 108,100 per tola.
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 Taplejung District residents. Meanwhile, 20% of the company’s issued capital, or 12,00,000 unit shares, will be made available to the general public later. This public issue, which closed on the 5th Chaitra, allocated 10% of the shares totaling 120,000 units to Nepalese citizens working abroad.
National Life Insurance Company has announced bonus rates ranging from Rs 63 to Rs 85 per Rs 1000 for its insured customers.
According to the information, the company will offer a Rs 63 bonus for up to 9 years of life insurance, Rs 64 for 10 to 20 years, Rs 70 for 21 to 25 years, and Rs 85 for 26 years and above per Rs 1000 of insured amount. According to the media statement, the company will also provide Rs 64 for up to 9 years of term insurance and full life insurance, Rs 64 for 9 to 20 years, Rs 70 for 21 to 25 years, and Rs 85 for 26 years and above.
In addition to the new year’s special offer, the bank is offering a 0.25% discount on the service charge for both of these loan schemes for female home/business owners for a limited time. According to the media statement, borrowers can also receive up to 100% of the cost of the home/building as a loan for a maximum of 30 years, as well as a special discount on the service fee.
According to the media statement, the bank will provide loans for entrepreneurs with the best valuation of property, loan amount disbursed beforehand, and an attractive discount on in-service charge.
The NEPSE index closed at 1,871.88 today, down 16.67 points from the previous trading day’s close. This represents a 0.88% decrease. Yesterday, the index dropped 20.00 points.
The index began the day at 1,888.61 and reached an intraday high of 1,891.76. In contrast, it dropped as low as 1,866.16 before closing at 1,871.88.
On the 9th Magh, the firm had its 25th AGM for the fiscal year 2078/79 and approved a 6.316% dividend. At its 127th board meeting, the business requested a 6.316% dividend on its paid-up capital of Rs. 1.70 Arba. There was a proposal for 6% bonus shares worth Rs 10,20,99,085 and a 0.316% cash dividend (including tax) of Rs 53.73 lakhs. NEPSE now lists the same bonus shares.
IGI has an LTP of Rs. 387 as of this writing.
After a successful merger between Siddhartha Insurance Limited (SIL) and Premier Insurance Company (Nepal) Limited (PIC), 28,065,499 shares of Siddhartha Premier Insurance Limited (SPIL) were listed on NEPSE.
On the 27th of Ashad, 2079, SIL and PIC inked a merger agreement. The corporation had agreed to a merger with a swap ratio of 1:1. SIL’s paid-up capital was Rs. 1,403,920,000. PIC’s paid-up capital was Rs. 1,402,629,900 at the time. The newly combined firm “Siddhartha Premier Insurance Ltd” has a total paid-up capital of Rs. 2.8 Arba.Following a successful merger, SIL and PIC began the joint transaction as Siddhartha Premier Insurance Limited (SPIL) on Falgun 17, 2079. As a result, the listed shares will begin trading under the ticker “SPIL.”