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The Sagarmatha Jalbidhyut Company's Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each. 5
IPO | FPO

The Sagarmatha Jalbidhyut Company’s Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each.

Sagarmatha Jalvidyut Company Limited’s initial public offering (IPO) was completed today at Prabhu Capital Limited’s Kamaladi headquarters. Out of the total 43,68,000 units authorized for the general public, 10%, or 436,800 units, have already been issued and distributed to Nepalese people working abroad, 5%, or 218,400 units, have been put aside for mutual funds, and […]

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SEBON Approves Mahalaxmi Debenture 2089 at 11% 7
Business | Market | Economy

SEBON Approves Mahalaxmi Debenture 2089 at 11%

On Chaitra 05, 2079, the Securities Board of Nepal (SEBON) authorized the “11% Mahalaxmi Debenture 2089.” Mahalaxmi Bikas Bank Limited (MLBL) plans to issue 10 lakh unit debentures at Rs 1000 per unit. During a period of ten years, the bank will give an interest rate of 11% on the debenture. Out of the total […]

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Lumbini General Insurance recommends 0.36% in cash dividends and 6.99% in bonus shares. 9
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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Mahila Laghubitta Calls 5th Annual General Meeting on February 21 to Support 50% Dividend 11
Dividend

Mahila Laghubitta Calls 5th Annual General Meeting on February 21 to Support 50% Dividend

Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) has scheduled its 5th Annual General Meeting on 21st Falgun, 2079. The conference will begin at 11 a.m. that day at the Agantuk Resort in Dhulikhel. Among the other items on the agenda, the AGM will approve a 50% dividend of Rs. 7.37 crores for fiscal year 2078/79. On […]

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