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There will be no dividend paid to Excel Development Bank (EDBL) shareholders in fiscal year 2078/79. 1
Dividend

There will be no dividend paid to Excel Development Bank (EDBL) shareholders in fiscal year 2078/79.

  Excel Development Bank Limited (EDBL) has announced that it will not pay dividends in fiscal year 2078/79. The EDBL Board of Directors decided on Chaitra 27, 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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Because of the Liquor Industry's Boom and Bust Period 3
Business | Market | Economy

Because of the Liquor Industry’s Boom and Bust Period

  Vijay Distillery Private Limited (VDPL), which manufactures liquor brands such as Ruslan Vodka, generated Rs. 2085 million in sales revenue in 2022. The company’s revenue has decreased by Rs. 59.3 crores compared to FY 2021. For fiscal year 20/21, the company generated sales revenue of Rs. 2678 crore (Million). VDPL’s profit margin for FY2022 […]

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The IPO of Makar Jitumaya Suri Hydropower Company will be completed on Wednesday. 5
IPO | FPO

The IPO of Makar Jitumaya Suri Hydropower Company will be completed on Wednesday.

  Makar Jitumaya Suri Hydropower Company Limited’s initial public offering (IPO) will take place this Wednesday, March 29th, 2079. The allotment program will take place at the issue manager’s Kamaladi office, Prabhu Capital Limited. From the 19th to the 25th Chaitra, the company issued 13,37,302 units of Rs 100 face value shares to the general […]

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GRDBL proposes a 4% dividend for fiscal year 2078/79. 7
Dividend

GRDBL proposes a 4% dividend for fiscal year 2078/79.

  For fiscal year 2078/79, Green Development Bank Limited (GRDBL) has proposed a 4% dividend. The board of directors decided to distribute 3.80% bonus shares and 0.20% cash dividend (for tax purposes) from the paid-up capital at its 191st meeting on Chaitra 26. Because the company’s paid-up capital is Rs. 51.90 crores, the bonus shares […]

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For Fiscal Year 2078/79, Samudayik Laghubitta increased the dividend rate to 15%. 9
Dividend

For Fiscal Year 2078/79, Samudayik Laghubitta increased the dividend rate to 15%.

  For the fiscal year 2078/79, Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has reduced the dividend percentage from 21.05263% to 15%. Previously, from the paid-up capital of Rs. 13.20 crores, 10% bonus shares worth Rs. 1.32 crores and 11.05263% cash dividend (tax purposes) worth Rs. 1.45 crores were proposed.

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Sanima Middle Tamor Hydropower IPO shares are now listed on the NEPSE. 11
IPO | FPO

Sanima Middle Tamor Hydropower IPO shares are now listed on the NEPSE.

Sanima Middle Tamor Hydropower Limited (TAMOR) has listed 33,325,000 unit IPO shares on NEPSE. This includes promoter shares as well as shares issued to the general public and project-affected locals. The initial transaction price range is Rs. 98.43 to Rs. 295.29. If the company signs the agreement with NEPSE, the IPO shares will trade in […]

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Ngadi Group Power and Shree Investment Company are both listed on the NEPSE. 13
NEPSE NEWS

Ngadi Group Power and Shree Investment Company are both listed on the NEPSE.

  NEPSE has listed 8,39,482.225 unit bonus shares of Ngadi Group Power Limited (NGPL). On the 25th of Falgun, the hydropower company held its 9th AGM and approved a 5% dividend for fiscal year 2078/79. On Falgun 1, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 1.76 Arba. […]

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From Baisakh 04, Menchhiyam Hydropower will issue 934,915 unit IPO shares to the general public. 15
Business | Market | Economy

From Baisakh 04, Menchhiyam Hydropower will issue 934,915 unit IPO shares to the general public.

  Menchhiyam Hydropower Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 4th of Baisakh, 2080, the company will issue 934,915 unit shares with a face value of Rs 100. The company expects to earn Rs 9.34 crore from this IPO. This issue’s early […]

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Issuance of Ghalemdi HydroEndorse Agendas Related Right Shares 17
Business | Market | Economy

Issuance of Ghalemdi HydroEndorse Agendas Related Right Shares

Ghalemdi Hydro Limited (GHL) has scheduled its 9th Annual General Meeting (AGM) for the 16th of Baisakh, 2080. The meeting will begin at 10:30 a.m. that day at Sasa Banquet in Nayabazar, Kathamndu.  

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Asian Life Insurance will support the 8.947% dividend. 19
Dividend

Asian Life Insurance will support the 8.947% dividend.

  Asian Life Insurance Company Limited (ALICL) has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara. Among the other items on the agenda, the AGM will approve an 8.947% dividend of Rs. 26.01 crores for fiscal year […]

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