Bank
Nepalese Gold Market Hits Record High: Fine Gold Peaks at Rs. 1,21,600 per Tola
The Nepalese gold market experienced an extraordinary surge, reaching an unprecedented peak on December 4, 2023. The Federation of Nepal Gold and Silver Dealers’ Association reported an astonishing single-day increase of Rs. 800, driving the price of fine gold to an extraordinary level of Rs. 1,21,600 per tola. Just a day earlier, on December 3, […]
Read More
Unnati Sahakarya Laghubitta Lists 1,78,451.18 FPO Shares on NEPSE with LTP of Rs. 671
Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) has successfully listed 1,78,451.18 units of Further Public Offering (FPO) shares on the Nepal Stock Exchange (NEPSE). The microfinance institution had issued these FPO shares with a face value of Rs. 100 to the general public. The offering took place from the 21st Kartik to the 24th Kartik, […]
Read More
People’s Power Limited Announces 50% Right Share Issuance for Capital Expansion and Project Development
In accordance with the decision made during the Board of Directors meeting of People’s Power Limited (PPL), the company has resolved to issue right shares at a ratio of 1:0.5, equivalent to 50% of the existing shares. The decision, made during the meeting held on Mangsir 17, entails the issuance of 50% right shares based […]
Read More
NEPSE Index Records Minor Losses as Stock Market Sees Mixed Performances
The Nepal Stock Exchange (NEPSE) Index recorded a decline of 3.42 points, equivalent to 0.18%, compared to the previous day’s closing, settling at 1,847.81 points. The index had experienced a loss of 7.29 points in the trading session immediately preceding this. The trading day commenced with the index opening at 1848.71, reaching an intraday low […]
Read More
Terhathum Power Company Limited Announces 6th AGM and Right Share Issuance Plans
Terhathum Power Company Limited (TPC) has announced its 6th Annual General Meeting (AGM) scheduled for the 21st of Poush, 2080 (January 6, 2024). The meeting is slated to commence at 12:30 p.m. and will take place at the Company Register Office in Battisputali, Kathmandu. The key agendas for the AGM include the endorsement of the […]
Read More
IPO Allotment Details for Muktinath Krishi Company Limited: Oversubscribed Offering and Issuer Rating
The IPO allotment for Muktinath Krishi Company Limited is scheduled for this Tuesday, on the 19th of Mangsir, 2080. The allotment event will be conducted at the premises of the issue manager, NIMB Ace Capital Limited, located in Kathmandu. Out of the total 14 lakh units offered, 10% (1,40,000 units) has already been assigned to […]
Read More
Nepal Stock Exchange Reports Marginal Decline: Market Highlights and Sector Performance
The Nepal Stock Exchange (NEPSE) Index experienced a decrease of 7.29 points, equivalent to 0.39% from the previous day’s closing, settling at 1,851.23 points. In the preceding trading session, the index had incurred a loss of 18.06 points. The day commenced with an opening index of 1858.47, reaching an intraday low of 1,837.85 and a […]
Read More
FMDBL Proposes 15% Dividend for FY 2079/80: Rs. 17.21 Crores in Bonus Shares and Cash Dividend
First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has put forward a proposal for a 15% dividend, amounting to Rs. 17.21 Crores, for the fiscal year 2079/80. The decision was made during the 211th meeting of the board of directors on Mangsir 13. This proposed dividend will be distributed on the paid-up capital of Rs. 1.14 […]
Read More
NMB Bank (NMB) Announces No Dividend Distribution for Fiscal Year 2079/80
NMB Bank Limited (NMB) has announced its decision to abstain from distributing dividends for the Fiscal Year 2079/80. The resolution was reached during the Board Meeting convened on Mangsir 13. It’s crucial to highlight that this decision is subject to the approval of the financial statements by the regulatory authority, Nepal Rastra Bank, and the […]
Read More Announces No Dividend Distribution for Fiscal Year 2079/80){kind=link}
United Modi Hydropower Limited (UMHL) Proposes 100% Right Share Issuance for Project Investment
United Modi Hydropower Limited (UMHL) has announced its intention to issue right shares in the ratio of 1:1 or 100% right shares, as per the decision made during the recent Board of Directors meeting on Mangsir 13. The proposal aims to release 100% right shares on the existing paid-up capital of Rs. 1.23 Arba, with […]
Read More Proposes 100% Right Share Issuance for Project Investment){kind=link}