Tag: App

  • The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital.

    The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital.


     

    One company applied for a stock dealer license in the previous seven months, while 45 companies applied for stock broker licenses. Nonetheless, all procedures had been halted as a result of the Supreme Court’s directive. Seven months later, the broker license has been suspended, resulting in the freezing of approximately Rs. 12 Arba in capital.

    SEBON’s revised Securities Market Operation Regulations 2064 and Securities Dealers Regulations 2064 begin the process of awarding new licenses. On Ashwin 2, 2079, the Securities Board issued a notice with a 30-day deadline to carry it out. As a result, 45 companies applied for stock broker licenses, while only one company applied for stock dealer license. Throughout the seven months

     

  • Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%.

    Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%.


    Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%.

    According to regulatory guidelines, the 93rd meeting of the board of directors of Chhyangdi Hydropower Company Ltd (CHL) convened on Tuesday Chaitra 21, 2079 agreed to issue 100% right shares on a paid-up capital of Rs. 38.67 Crores.

    Earlier, the business sought to issue right shares in the ratio of 150% of the paid-up capital, i.e. 1:1.5, after gaining regulatory permission. Yet, the decision was submitted for approval at the company’s annual general meeting.

  • Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE

    Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE


    Sunrise Focused Equity Fund (SFEF) units worth $10 billion have been listed on NEPSE. The fund initially offered just 12 crore units, however the offering was downsized due to a reduced number of applications.

    The “Sunrise Focused Equity Fund” is a closed-end fund with a 10-year maturity horizon. On the 10th of Magh, Sunrise Capital allocated its Sunrise Focused Equity Fund. Nevertheless, the close-ended mutual fund received just 10 crore unit mutual fund applications out of the 12 crores available, forcing the fund manager to decrease the fund’s corpus to Rs 1 Arba.

  • SEBON finally approves Three Star Hydropower Limited’s initial public offering (IPO).

    SEBON finally approves Three Star Hydropower Limited’s initial public offering (IPO).


     

    The Securities Exchange Board of Nepal (SEBON) has approved Three Star Hydropower Limited’s proposed initial public offering (IPO) on Chaitra 17.

    The company will now issue 1,231,250 equity shares with NPR 100 par value each. The issue is worth Rs. 12.31 crore. This is equivalent to 25% of the company’s issued capital. After the IPO, the company’s total paid-up capital would be Rs 49.25 crores.

     

  • NMB Bank’s “10.75% NMB Debenture 2089/90” is now available; minimum applications are for 25 units.

    NMB Bank’s “10.75% NMB Debenture 2089/90” is now available; minimum applications are for 25 units.


    NMB Bank Limited (NMB) is releasing 40,00,000 units of “10.75% NMB Debenture 2089/90″ to the general public and institutions today, Chaitra 21st.

     

    The debenture, which has a maturity period of 10 years and a coupon rate of 10.75%, is available for application from today to the 24th Chaitra, 2079. 
    If the issue is not fully subscribed, the deadline can be pushed back to Baisakh 5, 2080.

     

  • Mahila Laghubitta (MLBSL) Bonus Shares (47.5%) Listed on NEPSE

    Mahila Laghubitta (MLBSL) Bonus Shares (47.5%) Listed on NEPSE


     

    NEPSE has listed 7,00,625 unit bonus shares of Mahila Laghubitta Bittiya Sanstha Limited (MLBSL).

    On 21st Falgun, the company held its 5th AGM for FY 2078/79 and approved a 50% dividend worth Rs. 7.37 crores for the fiscal year 2078/79. On Poush 26, the 51st board of directors decided to distribute the dividend on the paid-up capital of Rs. 14.75 crores. There was a proposal for 47.5% bonus shares worth Rs 7 crores and a 2.5% cash dividend (including tax) worth Rs 36.87 lakhs.

     

  • Prabhu Capital has been appointed as the share registrar for Sagarmatha Jalvidhyut Company

    Prabhu Capital has been appointed as the share registrar for Sagarmatha Jalvidhyut Company


     

    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 Allotted Shares to Parbat District Residents; 72.27% of Shares Were Unsubscribed

    Modi Energy Allotted Shares to Parbat District Residents; 72.27% of Shares Were Unsubscribed


     

    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.

     

  • Suryodaya Womi Laghubitta (SWMF) will  approve 15% bonus shares and discuss the issuance of FPOs.

    Suryodaya Womi Laghubitta (SWMF) will  approve 15% bonus shares and discuss the issuance of FPOs.


     

    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.

     

  • Last Day to Apply for Ingwa Hydropower’s Locals IPO; Issue Closes Today

    Last Day to Apply for Ingwa Hydropower’s Locals IPO; Issue Closes Today


     

    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.

  • NEPSE listing of bonus shares of IME General Insurance and Wean Nepal Laghubitta

    NEPSE listing of bonus shares of IME General Insurance and Wean Nepal Laghubitta


    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.

  • For fiscal year 2078/79, Kamana Sewa Bikas Bank (KSBBL) proposes 4.64% bonus shares and 0.23% cash dividend.

    For fiscal year 2078/79, Kamana Sewa Bikas Bank (KSBBL) proposes 4.64% bonus shares and 0.23% cash dividend.


     

    For the fiscal year 2078/79, Kamana Sewa Bikas Bank Limited (KSBBL) has proposed a dividend of 4.64%.

    The dividend will be paid from the company’s paid-up capital of Rs.3.14 Arba.

    A cash dividend of 0.23% and 4.41% bonus shares have been proposed. KSBBL has an LTP of Rs. 313 as of this writing. The proposed dividend must be approved by the central bank and approved by the upcoming AGM.