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Api Power Company Right Shares in SEBON Pipeline; Company to Issue 40% Right Share Soon 1
IPO | FPO

Api Power Company Right Shares in SEBON Pipeline; Company to Issue 40% Right Share Soon

The Securities Exchange Board of Nepal (SEBON) has added Api Power Company Limited (API) right shares to its preliminary review pipeline. The hydropower company intends to issue 40% right shares worth Rs. 1.65 Arba to its existing shareholders in the form of 16,533,137 (1:0.40) units of right shares. API’s current paid-up capital, after adjusting for […]

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NEPSE drops 15.76 points to settle at 1,933.29; intraday turnover remains at Rs. 1.333 Arba. 3
NEPSE NEWS

NEPSE drops 15.76 points to settle at 1,933.29; intraday turnover remains at Rs. 1.333 Arba.

  The NEPSE index closed at 1,933.29 today, down 15.76 points from the previous trading day’s close. This represents a 0.81% decrease. This Monday, the index rose 22.65 points. The index opened today at 1,952.19 and reached an intraday high of 1,962.94. In contrast, it dropped as low as 1,929.49 before closing at 1,933.29. Through […]

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NEPSE will be closed today in observance of Ghode Jatra. 5
NEPSE NEWS

NEPSE will be closed today in observance of Ghode Jatra.

The Nepal Stock Exchange (NEPSE), the country’s sole stock market, will be closed today (Chaitra 7, 2079) in observance of Ghode Jatra, a public holiday in Kathmandu valley. Normal trading in NEPSE will resume tomorrow (Chaitra 8, 2079) at 11:00 AM. The NEPSE index finished yesterday at 1,949.06, up 22.65 points from the previous trading […]

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Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE 7
NEPSE NEWS

Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE

Shine Resunga Development Bank Ltd (SHINE) has launched 50,28,741.99 unit bonus shares on NEPSE. On the 25th Poush, the firm held its 14th AGM and approved a 14% dividend for fiscal year 2078/79. On the 7th of Mangsir 2079, the 266th meeting of the board of directors suggested a 14% dividend from the paid-up capital. […]

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The final merger agreement between IME General and Prudential Insurance is signed at a swap ratio of 1:1. 9
Business | Market | Economy

The final merger agreement between IME General and Prudential Insurance is signed at a swap ratio of 1:1.

  IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) sign a merger agreement, and the two companies will be combined using a 1: 1 swap ratio. IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) reached an agreement for the merger during a meeting of the Board of Directors on […]

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Citizen Life Insurance Company's IPO has been added to the SEBON pipeline. 11
IPO | FPO

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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Vijaya Laghubitta Calls an AGM on Chaitra 28 to Approve the 21.052% Dividend and Merger Agendas 13
Dividend

Vijaya Laghubitta Calls an AGM on Chaitra 28 to Approve the 21.052% Dividend and Merger Agendas

Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has scheduled its 10th Annual General Meeting for the 28th Chaitra, 2079. The meeting will begin at 11:30 a.m. in Bijaya Bikas Srot Kendra, Gaidakot, Nawalparasi. Among the other items on the agenda, the AGM will approve a 21.0526% dividend of Rs. 6.73 crores for fiscal year 2078/79. On […]

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NEPSE Settles at 1,949.06, Up 1.18%; All Sectors Close Green, Led by "Trading" 15
NEPSE NEWS

NEPSE Settles at 1,949.06, Up 1.18%; All Sectors Close Green, Led by “Trading”

The NEPSE index closed at 1,949.06 today, up 22.65 points from the previous trading day’s close. This represents a 1.18% increase. Yesterday, the index fell 6.90 points. Today, the index opened at 1,926.28 and closed at 1,925.41. In contrast, it reached a high of 1,949.17 before settling at 1,949.06.  

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Bindhyabasini Hydropower Development Company's 5% bonus shares are now listed on the NEPSE. 17
NEPSE NEWS

Bindhyabasini Hydropower Development Company’s 5% bonus shares are now listed on the NEPSE.

Bindhyabasini Hydropower Development Company Ltd (BHDC) has launched 5,00,000 units of bonus shares on NEPSE. On 22nd Poush, the business had its 6th AGM and approved a 5.02632% dividend for fiscal year 2078/79. The board of directors resolved to issue the dividend on the paid-up capital of Rs. 1 Arba at its meeting on Mangsir […]

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Gains Rs 2,900 per tola in one day, trading at Rs 110,000 19
Gold | Silver | Forex

Gains Rs 2,900 per tola in one day, trading at Rs 110,000

Gold prices are once again making news, since the value of gold reached an all-time high on March 19, 2023, i.e. today. Today’s gain is the consequence of a Rs. 2900 one-day increase from yesterday’s pricing. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading at […]

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