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Jyoti Bikas Bank (JBBL) Distributes 3% Bonus Shares and Encourages Dematerialization 1
Business | Market | Economy NEPSE NEWS

Jyoti Bikas Bank (JBBL) Distributes 3% Bonus Shares and Encourages Dematerialization

Jyoti Bikas Bank Limited (JBBL) has recently provided 3% bonus shares directly to the DEMAT accounts of its shareholders and has urged them to convert their physical shares into electronic form through dematerialization. The bank’s move aims to facilitate seamless share transactions and promote the modernization of shareholding processes. During the bank’s 15th Annual General […]

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Modi Energy Limited IPO Allotment Concludes: Lottery Results Announced 3
IPO | FPO

Modi Energy Limited IPO Allotment Concludes: Lottery Results Announced

The IPO allotment of Modi Energy Limited has been successfully completed at the premises of Sunrise Capital Limited in Kathmandu. The company had issued 55,59,420 units worth Rs. 55.59 crores as Initial Public Offering (IPO) to the general public from Baisakh 19 to 24, 2080. Prior to the IPO, the company had allocated 29,00,000 unit […]

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Citizen Investment Trust's Proposal: A 26.3158% Dividend for the Fiscal Year 2078/79 5
Dividend

Citizen Investment Trust’s Proposal: A 26.3158% Dividend for the Fiscal Year 2078/79

Citizen Investment Trust (CIT) has put forward a proposal to distribute a 26.3158% dividend for the fiscal year 2078/79. The decision was made during a board of directors meeting held on Baisakh 29. The proposed dividend consists of a 25% bonus shares allocation and a 1.3158% cash dividend (for tax purposes). The current paid-up capital […]

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RBB Merchant Banking Closes RBB Mutual Fund 2 Issue to General Public 7
IPO | FPO Business | Market | Economy

RBB Merchant Banking Closes RBB Mutual Fund 2 Issue to General Public

RBB Merchant Banking Limited has concluded the public offering of its mutual fund scheme, “RBB Mutual Fund 2,” on the specified date of 31st Baisakh. The offering, which initially opened on the 17th Baisakh and was intended to close on the 21st Baisakh, had been extended due to an insufficient number of applications. Out of […]

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Due to Violation of NRB's Guideline, 15% Dividend of RULB Canceled 9
Dividend

Due to Violation of NRB’s Guideline, 15% Dividend of RULB Canceled

Nepal Rastra Bank (NRB) Cancels Dividend Proposal of Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) The dividend proposal put forth by Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) has been canceled by the Nepal Rastra Bank. During the 86th meeting of the board of directors held on Baisakh 13, the company had proposed a 15% […]

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Listing of 4,77,020 Bonus Shares of Asha Laghubitta Bittiya Sanstha Limited (ALBSL) on NEPSE 11
NEPSE NEWS

Listing of 4,77,020 Bonus Shares of Asha Laghubitta Bittiya Sanstha Limited (ALBSL) on NEPSE

Asha Laghubitta Bittiya Sanstha Limited (ALBSL) Lists 4,77,020 Bonus Shares on NEPSE at an LTP of Rs. 670 Following the convening of its 6th Annual General Meeting on 11th Chaitra, Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has listed 4,77,020 unit bonus shares on the Nepal Stock Exchange (NEPSE). The AGM had approved a 15% dividend […]

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Jeevan Bikas Laghubitta Bittiya Sanstha Limited Reports a 46.1% Decline in Net Profit in Q3 FY 2079/2080 13
Business | Market | Economy

Jeevan Bikas Laghubitta Bittiya Sanstha Limited Reports a 46.1% Decline in Net Profit in Q3 FY 2079/2080

Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB), a microfinance company in Nepal, recently released its third-quarter report for the fiscal year 2079/2080. The report indicated a decline in net profit by 46.1% to Rs. 32.92 crore compared to the same period in the previous year, which was Rs. 61.09 crore. The company attributed the decline […]

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Last Day to be Eligible for Rights Offering of Himal Dolakha Hydropower Company Limited 15
Dividend Business | Market | Economy

Last Day to be Eligible for Rights Offering of Himal Dolakha Hydropower Company Limited

Himal Dolakha Hydropower Company Limited (HDHPC) is currently offering 12,000,000 unit right shares at a par value of Rs. 100. The rights issue has been approved by the Securities Exchange Board of Nepal (SEBON) and is being managed by Laxmi Capital Markets Limited. The current paid-up capital of the company is Rs. 1.60 Arba, and […]

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Prabhu Life Insurance proposes dividend for the first time 17
Dividend

Prabhu Life Insurance proposes dividend for the first time

Prabhu Life Insurance Limited (PLI) has proposed a dividend of 10.526% for the fiscal year 2077/78. This is the first dividend the company has proposed since being listed on the Nepal Stock Exchange (NEPSE). The company’s board of directors, at its 140th meeting held on Baisakh 25, has decided to distribute a dividend consisting of […]

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Liberty Energy Company approves right shares and elects new board members during 13th AGM 19
Business | Market | Economy Dividend

Liberty Energy Company approves right shares and elects new board members during 13th AGM

Liberty Energy Company held its 13th Annual General Meeting on April 8th, 2023, with Mr. Kush Kumar Joshi as the chair. During the meeting, all financial reports from the previous fiscal year were approved. The meeting also endorsed a proposal to offer 50% of right shares, equivalent to Rs 75 crore, to existing shareholders. Additionally, […]

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