Approval
Ridi Power Company Receives Electricity Regulatory Commission Approval to Issue 50% Right Shares
The Electricity Regulatory Commission (ERC) has approved Ridi Power Company (RIDI) to issue a 1: 0.50 right offering. The board of directors suggested on the 4th of Magh, 2079, to issue 50% right shares on the paid-up capital after adjusting 40% bonus shares for the fiscal year 2078/79, i.e. Rs. 1,54,89,01,200. The company’s paid-up […]
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Himalaya Urja Bikas Company Receives Electricity Regulatory Commission Approval to Issue 100% Right Shares
Himalaya Urja Bikas Company Limited (HURJA) has been granted permission by the Electricity Regulatory Commission (ERC) to issue rights shares to the general public. The Electricity Regulatory Commission (ERC) has approved the distribution of right shares in a 1:1 ratio. The company proposed issuing right shares in a 1:2 ratio, or 200% of the […]
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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 […]
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Aviyan Laghubitta (AVYAN) shareholders will not receive a dividend in fiscal year 2078/79.
Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) has announced that it will not pay dividends in fiscal year 2078/79. The AVYAN Board of Directors decided on Chaitra 06, 2079, that no dividends will be paid for fiscal year 2078/79. The financial statements, however, are subject to approval by Nepal Rastra Bank and the company’s upcoming Annual […]
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Citizen Life Insurance Company’s IPO has been added to the SEBON pipeline.
Citizen Life Insurance Company Limited’s Initial Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval. The company intends to distribute 11,250,000 unit shares to employees and the general public. Employees will be issued shares at a par value of Rs. 100, while the general public will be issued shares at a price […]
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Multipurpose Finance (MPFL) seeks approval from SEBON to issue 35% right shares.
Multipurpose Finance Company Limited handled the process of issuing rights shares (MPFL). In an application filed on February 29, the company requested approval from the Securities and Exchange Commission (SEBON) to issue rights shares. If SEBON grants permission for the said right shares, MPFL will distribute 35 percent of the paid-up capital, or 1:0.35, to […]
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The IPO of IME Life Insurance Company has been added to the SEBON pipeline.
The IME Life Insurance Company Limited Initial Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval. The company intends to sell 12 million unit shares to the general public for Rs. 276 each (Rs 100 face value + Rs 176 premium price). The company will raise a total of Rs. 3.312 […]
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There will be no dividend paid to Unnati Sahakarya Laghubitta (USLB) shareholders in fiscal year 2078/79.
Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) has announced that it will not pay dividends in fiscal year 2078/79. The Unnati Sahakarya Laghubitta Bittiya Sanstha Limited’s balance sheet for the fiscal year 2078/79 was approved at the 195th meeting of the board of directors held on Falgun 25, 2079 at 5:00 PM. The financial […]
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Jeevan Bikas Laghubitta Modifies the Dividend Rate for Fiscal Year 2078/79
Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has reduced the dividend rate for fiscal year 2078/79 from 37.3684% to 33.15%. The 72nd meeting of the board of directors, held on Falgun 06, resolved to give a dividend of Rs. 1.03 Arba on the paid-up capital. A cash dividend of 9.3684% and 28% bonus shares had […]
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Sun Nepal Life Insurance Company’s IPO has been added to the SEBON pipeline.
Sun Nepal Life Insurance Company Limited (SNLICLInitial )’s Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval. The company intends to sell 9,600,000 unit shares to the general public for Rs. 250.55 per share (Rs 100 face value + Rs 150.55 premium price). The IPO will raise Rs. 2,405,280,000 in total.
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