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Modi Energy will begin selling IPO shares to Parbat District residents and Nepalese working abroad on February 25. 1
Business | Market | Economy

Modi Energy will begin selling IPO shares to Parbat District residents and Nepalese working abroad on February 25.

Modi Energy Limited has published an offer letter to issue an Initial Public Offering (IPO) to Parbat District residents and Nepalese citizens working abroad. The initial public offering (IPO) for locals and Nepalese citizens working abroad will begin on the 25th of Falgun and end on the 9th of Chaitra, 2079. It should be noted […]

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Aatmanirbhar Laghubitta IPO Receives Rs. 1.78 Arba From 16.13 Lakh Applicants; IPO Oversubscribed by More Than 105.14 Times 3
IPO | FPO

Aatmanirbhar Laghubitta IPO Receives Rs. 1.78 Arba From 16.13 Lakh Applicants; IPO Oversubscribed by More Than 105.14 Times

From the 11th to the 15th of Falgun, 2079, Aatmanirbhar Laghubitta Bittiya Sanstha Limited issued 169,755 units of shares worth Rs. 1.69 crores to the general public as part of their Initial Public Offering (IPO). The company’s issued capital is Rs. 6.23 crores, of which 32.625%, or 203,380 unit shares worth Rs. 2.03 crores, have […]

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Asha Laghubitta (ALBSL) Revises Dividend for FY 2078/79 5
Dividend

Asha Laghubitta (ALBSL) Revises Dividend for FY 2078/79

The dividend proposal for the fiscal year 2078/79 of Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has been revised. The company had previously proposed a 20% bonus share and 1.0526% cash dividend on its Rs. 33.39 crore paid-up capital. The bonus shares were worth slightly more than Rs. 6.67 crores, while the cash dividend was worth […]

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Infinity Laghubitta holds its sixth annual general meeting and approves the 20% dividend proposal to its shareholders. 7
Dividend

Infinity Laghubitta holds its sixth annual general meeting and approves the 20% dividend proposal to its shareholders.

On Falgun 14, 2079, Infinity Laghubitta held its sixth annual general meeting (AGM) for the fiscal year 2078–2079 under the direction of its chairman, Mr. Bala Ram Bista. The AGM has approved the board’s request to distribute 20% bonus shares worth Rs 8.29 crore to its shareholders from the profit it had generated in the […]

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Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio. 9
Business | Market | Economy

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 […]

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Siddhartha Insurance's (SIL) 9% Bonus Shares are Currently Listed on the NEPSE 11
NEPSE NEWS

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 […]

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NEPSE Achieves A Positive Close: 4.55 Points Up As Turnover Remains At Rs. 2.525 Arba 13
NEPSE NEWS

NEPSE Achieves A Positive Close: 4.55 Points Up As Turnover Remains At Rs. 2.525 Arba

The NEPSE index increased 4.55 points from the previous trading day’s closing to close at 2,027.19 today. The gain here is 0.22%. On Thursday, the index fell 57.74 points. The index hit an intraday low of 1,961.24 and started the day at 2,016.54. Although it peaked at 2,029.66 and ended up closing at 2,027.19 Through […]

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Lumbini General Insurance recommends 0.36% in cash dividends and 6.99% in bonus shares. 15
Dividend

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 […]

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Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2 17
Business | Market | Economy

Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2

The second quarter (Q2) of the current FY 2079/80 had a net profit decline of 33.12% for Supermai Hydropower Limited (SMHL). From Rs. 7.50 crores in the same quarter last year, the earnings dropped to Rs. 5.0184 crores this quarter. This quarter’s net profit decreased as a result of a fall in sales income and […]

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On Sunday, the Asian Hydropower IPO Allocation will be completed; 69,720 Applicants Will Get 10 Units Each. 19
NEPSE NEWS IPO | FPO

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 […]

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