Tag: App

  • Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio.

    Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio.


    The Balephi Hydropower Limited (BHL) board of directors decided to submit a proposal for approval at the following annual general meeting of the company for the issuance of rights shares in the ratio of 1 equal to 0.5 from the current paid-up capital of Rs. 1.827 Arba. This decision was made at the board’s meeting on Falgun 12. Thus, the company’s enlarged paid-up capital following the right issuance at 50% will be Rs. 2.74 Arba.

    Balephi Hydropower earlier this year sold 18,27,970 units to the general public at a price of Rs 18.27 crore.

  • Siddhartha Insurance’s (SIL) 9% Bonus Shares are Currently Listed on the NEPSE

    Siddhartha Insurance’s (SIL) 9% Bonus Shares are Currently Listed on the NEPSE


    Siddhartha Insurance Limited (SIL) has launched 11,59,200 unit bonus shares on NEPSE.

    On Poush 29, 2079, the firm had its 21st Annual General Meeting, at which the 9.4737% dividend for the fiscal year 2078/79 was approved. A 9% bonus share and 0.4737% cash dividend (for tax purposes) from the paid-up capital of Rs. 1.28 Arba were recommended at the board of directors meeting on Poush 7. As a result, the proposal included bonus shares worth Rs. 11.59 crores and cash dividends of Rs. 61.01 lakh.

    The same bonus shares are now on the NEPSE list. Last week, SIL finished at Rs. 611.

  • IPO Allotment of Asian Hydropower Limited Concludes; 69,720 Applicants Out of 14,25,720 Applicants Get 10 Units Each

    IPO Allotment of Asian Hydropower Limited Concludes; 69,720 Applicants Out of 14,25,720 Applicants Get 10 Units Each


    Asian Hydropower Limited issued 6,97,200 units worth Rs 6.97 crore to the general public in an Initial Public Offering (IPO) (Magh 27- Falgun 2, 2079). Out of the total 840,000 units, 10%, or 84,000 units, have already been issued and allotted to Nepalese citizens working abroad, 2%, or 16,800 units, have been set aside for the company’s employees, and 5%, or 42,000 units, have been set aside for mutual funds. The remaining 6,97,200 units will be available to the general public.

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  • Lumbini General Insurance recommends 0.36% in cash dividends and 6.99% in bonus shares.

    Lumbini General Insurance recommends 0.36% in cash dividends and 6.99% in bonus shares.


    AGM approval of the merger with Sagarmatha Insurance and the proposal of 6.99% bonus shares and 0.3679% cash dividend for taxation purposes are both mentioned in the media release in addition to the usual financial reporting.

    According to the press release, the AGM authorized the board to carry out all merger-related responsibilities and approved the merged company’s name, Sagarmatha Lumbini Insurance Company.

    The business reportedly recognized its employees who have worked there for more than ten years in a statement to the media.

  • On Sunday, the Asian Hydropower IPO Allocation will be completed; 69,720 Applicants Will Get 10 Units Each.

    On Sunday, the Asian Hydropower IPO Allocation will be completed; 69,720 Applicants Will Get 10 Units Each.


    On Sunday, or 14 Falgun 2079, is when Asian Hydropower Limited will distribute its first public offering (IPO) shares. From that day at 9 am, the allotment program would take place on the grounds of the issue manager, NMB Capital Ltd, in Naxal.

    From the 27th Magh to the 3rd Falgun, the company distributed 6,97,200 units of shares with a face value of 100 rupees to the general public as part of an IPO. Of of the entire 840,000 units, 10%, or 84,000 units, have already been issued and allocated to Nepalese people living and working abroad. 2%, or 16,800 units, were set aside for the company’s employees, while 5%, or 42,000 units, of the total offered shares, were reserved for mutual funds.

  • Adarsha Laghubitta Calls AGM on Falgun 30 to Endorse 21.05% Dividend and Share Swap Ratio for Merger

    Adarsha Laghubitta Calls AGM on Falgun 30 to Endorse 21.05% Dividend and Share Swap Ratio for Merger


     

    Adarsha Laghubitta Bittiya Sanstha Limited (ADLB) has scheduled its 5th Annual General Meeting for 30th Falgun, 2079. The meeting will begin at 11 a.m. that day at the Gautam Village Resort in Banepa.

    Among the other items on the agenda, the AGM will approve a 21.05% dividend of Rs. 43.57 lakhs for fiscal year 2078/79. The board of directors decided to distribute the dividend on the paid-up capital of Rs. 2.07 crores at its meeting on March 18. A 20% bonus share and a cash dividend of 1.05% (for tax purposes) have been proposed. Thus, the bonus shares are worth slightly more than Rs. 41.40 lakhs, and the cash dividend is worth slightly more than Rs. 2.17 lakhs. In addition, two directors from the public shareholding group will be elected at the meeting.

     

  • JBLB proposes a 37.368% dividend for fiscal year 2078/79.

    JBLB proposes a 37.368% dividend for fiscal year 2078/79.


    For the fiscal year 2078/79, Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has proposed a dividend of 37.3684%.

    The 72nd meeting of the board of directors, held on Falgun 06, decided to distribute a dividend of Rs. 1.03 Arba on the paid-up capital. A cash dividend of 9.3684% and 28% bonus shares have been proposed. Thus, the bonus shares are valued at Rs. 28.95 crores, while the cash dividend is valued at Rs. 9.68 crores. For the tax amount on bonus shares, a cash dividend has been proposed.

    The dividend will be paid only after approval from Nepal Rastra Bank and approval from the company’s upcoming AGM. Last week, JBLB closed at Rs. 2,711.

    Last year, the company paid a 73.68% dividend, including 70% bonus shares, for fiscal year 2077/78.

  • Deprosc Laghubitta (DDBL) Announces Book Closure Date for Cash Dividend of 21.052%

    Deprosc Laghubitta (DDBL) Announces Book Closure Date for Cash Dividend of 21.052%


    Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has announced the book closure date for its 21.052632% dividend worth Rs. 29.21 crores for fiscal year 2078/79 and has scheduled the 21st Annual General Meeting for Falgun 30, 2079. The meeting will take place at the Hotel Seven Stars in Sauraha, Chitwan.

    Among the other items on the agenda, the AGM will approve a 21.052632% dividend of Rs. 29.21 crores for fiscal year 2078/79. The 325th meeting of the board of directors, held on Poush 25, decided to distribute a dividend

     

  • Last Day to Apply for Sagarmatha Jalbidhyut Company’s Local IPO; Issue Closing Date:

    Last Day to Apply for Sagarmatha Jalbidhyut Company’s Local IPO; Issue Closing Date:


    From today, 5th Falgun, 2079, Sagarmatha Jalbidhyut Company Limited will close the issue of 11,20,000 unit IPO shares for project-affected locals of Illam District. The issue had begun on the 5th of Magh, 2079.

    The company’s issued capital is Rs. 1.12 Arba, of which 10%, or 11,20,000 unit shares worth Rs. 11.20 crores, have been reserved for project-affected Illam District residents. Meanwhile, 39% of the company’s issued capital, or 43,68,000 unit shares, will be made available to the general public later. 10% of the shares, totaling 436,800 units, were allocated for Nepalese citizens working abroad in this public issue, which closed on the 19th of March

     

  • Global IME Bank’s “11.25% Global IME Bank Debenture 2084/85” will close today & applications for a minimum of 25 units can be submitted.

    Global IME Bank’s “11.25% Global IME Bank Debenture 2084/85” will close today & applications for a minimum of 25 units can be submitted.


    Global IME Bank Ltd will close the public issuance of the “11.25% Global IME Bank Debenture 2084/85” today, February 5th.

    The issue had begun on the 29th of Magh and was scheduled to end on the 3rd of Falgun. Nevertheless, the bank earlier declared in a notification that the deadline will be extended until February 14, although the subscription would expire as soon as it is subscribed. Because the offering is now oversubscribed, the business will shut it today till the end of banking hours.

    50 lakh units would be issued at a par value of Rs.1000 each. 30 lakh units of the overall offer will be subscribed through private placement, while the remaining 20 lakh shares totaling Rs. 2 Arba are eligible for public issuance, with 5% reserved for mutual funds. The offering would generate a total of Rs 5 arba.

    Sunrise Capital Ltd has been named the issue manager. Investors can apply for as little as 25 units and as many as 100,000 units.

    The “11.25% Global IME Bank Debenture 2084/85” has a maturity duration of 5 years and will provide unit holders with 11.25% annual yields until the date of maturity.

  • Radhi Bidyut Corporation and Himalayan Bank Bonus Shares are Now Listed on the NEPSE

    Radhi Bidyut Corporation and Himalayan Bank Bonus Shares are Now Listed on the NEPSE


    Radhi Bidyut Company Limited (RADHI) has launched 7,59,990.842 unit bonus shares on NEPSE.

    The company’s AGM, held on Poush 28, 2079, approved a 5% dividend for fiscal year 2078/79. The board of directors of the firm met on the 5th of Poush 2079 and suggested a 5% dividend from the paid-up capital. The firm has a paid-up capital of Rs. 1.59 Arba. A cash dividend of 0.25% (including tax) and 4.75% bonus shares were proposed. NEPSE now lists the same bonus shares.

    Yesterday, RADHI closed at Rs. 262.10.

    Similarly, Himalayan Bank Limited (HBL) has launched 1,03,74,980.58 unit bonus shares on NEPSE.

    The company’s 30th AGM, held on Poush 28, 2079, approved a 19.11% dividend for fiscal year 2078/79. On Poush 05, the 427th board of directors meeting resolved to disburse the dividend on paid-up capital. Bonus shares worth 11.11% and cash dividends of 8% were suggested.

    NEPSE now lists the same bonus shares. HBL’s LTP is Rs. 285.

    Himalayan Bank Limited (HBL) and Civil Bank Limited (CBL) have finalized their merger, and the combined operation will commence on Falgun 12 under the name “Himalayan Bank Limited.” The business signed a merger agreement with a swap ratio of 100: 80.28.

  • Asian Hydropower IPO has received Rs. 1.66 billion from 14.92 lakh applicants as of the last day.

    Asian Hydropower IPO has received Rs. 1.66 billion from 14.92 lakh applicants as of the last day.


    Asian Hydropower Limited issued 697,200 units of shares worth Rs. 6.97 crores to the general public as a part of their Initial Public Offering (IPO) from 27th Magh till 3rd Falgun, 2079.

    Out of the total 840,000 units; 10% i.e. 84,000 units have already been issued and allotted to Nepalese citizens working abroad, whereas 2% i.e 16,800 units have been set aside for the employees of the company and 5% of the total offered shares i.e. 42,000 units have been set aside for the mutual funds. The remaining 6,97,200 units are for the general public. The paid-up capital of the company will reach Rs. 34 Crores after the IPO issuance. The company intends to collect Rs 6.97 crore from this IPO.