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Auction of Promoter Shares: Muktinath Bikas Bank Limited and Mahalaxmi Bikas Bank Limited
Muktinath Bikas Bank Limited (MNBBL) is selling 119,055 units of promoter shares through an auction. The auction is only open to existing promoters of the bank and will take place from 30th Jestha to 1st Shrawan, 2080. The minimum bid rate is Rs. 190, and bids must be submitted to the auction manager, B.O.K Capital […]
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NEPSE Index Registers Modest Gain of 0.39% as Hotels and Tourism Sector Leads Green Zone
The NEPSE index concluded the trading day at 1,987.87, registering a gain of 7.79 points or 0.39% compared to the previous day’s closing. The index had experienced a significant increase of 40.48 points in the previous session. The day started with the index opening at 1,984.36 and reaching an intraday high of 2,003.25. However, it […]
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“Prabhu Life Insurance Company’s 5th AGM Approves Dividend, Elects New BoDs, and Announces Merger with Mahalaxmi Life Insurance”
Prabhu Life Insurance Company recently held its 5th Annual General Meeting (AGM) under the chairmanship of Mr. Subhash Amatya on Jestha 26, 2080. During the AGM, the financial reports for the previous fiscal year were approved. In addition, the meeting decided to distribute 9.80% bonus shares and 0.51% cash dividends to the shareholders. These dividends […]
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“Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) Calls AGM for Acquisition Approval and Dividend Declaration”
Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) has scheduled its 4th Annual General Meeting (AGM) to take place on the 16th of Ashad, 2080. The meeting will be held at Hotel Arniko in Dhulikhel, commencing at 1 PM. Considering the ongoing acquisition of Rastra Utthan Laghubitta by Asha Laghubitta Bittiya Sanstha Limited (ALBSL), both AGMs […]
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“Delisting of 8% Everest Bank Limited Debenture 2079 from NEPSE as it Reaches Maturity: Refunds and Interest Distribution for Unitholders”
A total of 468,845 units of the “8% Everest Bank Limited Debenture 2079” have been removed from trading on the NEPSE (Nepal Stock Exchange). This delisting indicates that the debenture has reached its maturity date, which was Jestha 28, 2079. Investors who held these debentures will now receive their principal investment amount along with the […]
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Exciting Opportunities Await: Ridi Power Company Calls Special General Meeting for Lucrative Rights Offering and Capital Amendment
Ridi Power Company Limited (RIDI) has announced its plan to hold a Special General Meeting (SGM) on 8th Ashad, 2080. The meeting will take place at the Indreni Complex in Naya Baneshwor, Kathmandu, starting at 11 am. One of the key proposals on the agenda is a rights offering of a 1:0.50 ratio, which means […]
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National Life Insurance Company Approves Bonus Shares and Cash Dividend in 35th AGM
National Life Insurance Company recently held its 35th Annual General Meeting (AGM) under the leadership of its chairman, Ms. Prema Singh, on Jestha 22, 2080. During the AGM, the shareholders approved the distribution of 8% bonus shares and a 6.5% cash dividend. Additionally, an additional cash dividend of Rs 1.95 crore was endorsed for taxation […]
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AHPC Board Decisions: Special General Meeting and Right Share Issuance
The Board of Directors of Arun Valley Hydropower Development Company Limited (AHPC) recently held a meeting at 3 PM, where they made significant decisions. One of the key resolutions reached during the meeting was to convene a Special General Meeting (SGM) on Ashad 07, 2080. The purpose of the SGM is to discuss and seek […]
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NEPSE Faces Volatility and Ends Short Trading Week with a Significant Decrease of 4.74% in Index Value
This week, the Nepal Stock Exchange (NEPSE) had only four trading days as Monday was a holiday due to Republic Day. At the end of the week, the NEPSE index closed at 1,866.34, experiencing a loss of 92.78 points or -4.74%. In the previous week, the index had closed at 1,959.12, showing a gain of […]
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Sunrise Bank Limited Promoters Auction 122,045 Units of Shares to Public and Institutions
Sunrise Bank Limited (SRBL) has announced that the existing promoters of the bank will be auctioning 122,045 units of shares to the general public and institutions starting from today, which is the 18th of Jestha, 2080. Initially, the founder shareholders had issued a notice on the 7th of Baisakh, informing about the auction of these […]
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