Tag: Board

  • Himalayan Everest Insurance Holds AGM on Chaitra 29th to Approve 2.89% Dividend

    Himalayan Everest Insurance Holds AGM on Chaitra 29th to Approve 2.89% Dividend


    Himalayan Everest Insurance Limited (HEI) has scheduled its 29th annual general meeting for Chaitra 29, 2079. The meeting will begin at 11 a.m. that day at the Baneshwor Banquet in Thapagaun.

    Among the other items on the agenda, the AGM will approve a 2.89% dividend for fiscal year 2078/79. The 297th meeting of the board of directors, held on Poush 26, decided to distribute a dividend of Rs. 2.23 Arba on the paid-up capital. A cash dividend of 0.14% and 2.75% bonus shares have been proposed. Thus, the bonus shares are valued at Rs. 6.15 crores, while the cash dividend is valued at Rs. 32.42 lakhs.

     

  • Last Day to Claim Chhimek Laghubitta’s Proposed 25.26% Dividend

    Last Day to Claim Chhimek Laghubitta’s Proposed 25.26% Dividend


    Today is the last day to claim Chhimek Laghubitta Bittiya Sanstha Limited’s proposed dividend of 25.26%. (CBBL).

    On Chaitra 10, 2079, the company called its 21st AGM. The meeting will begin at 11 a.m. that day in Hetauda, Makawanpur.

    Among the other items on the agenda, the AGM will approve a 25.26% dividend for fiscal year 2078/79. The 282nd meeting of the board of directors, held on Poush 27, decided to distribute a dividend of Rs. 2.32 Arba on the paid-up capital. There have been proposed 22% bonus shares worth Rs 51.13 crores and 3.26% cash dividend (including tax) worth Rs 7.57 crores.

     

  • NEPSE now lists bonus shares of ICFC, AKBSL, and FMDBL.

    NEPSE now lists bonus shares of ICFC, AKBSL, and FMDBL.


    NEPSE has listed 5,63,558 unit bonus shares of ICFC Finance Ltd (ICFC).

    On Poush 29, 2079, the firm had its 19th AGM for the fiscal year 2078/79. The board of directors approved a 10% dividend for fiscal year 2078/79. On Mangsir 14, the board of directors resolved to issue the dividend on the paid-up capital of Rs. 1.12 Arba. There was a proposal for 5% bonus shares worth Rs. 5.63 crores and a 5% cash dividend (tax purposes) of Rs. 5.63 crores. NEPSE now lists the same bonus shares.

    Last week, ICFC closed at Rs. 431.

    Similarly, Aadhikhola Laghubitta Bittiya Sanstha Limited (AKBSL) has 3,57,000 unit bonus shares listed on NEPSE.

  • Jeevan Bikas Laghubitta Modifies the Dividend Rate for Fiscal Year 2078/79

    Jeevan Bikas Laghubitta Modifies the Dividend Rate for Fiscal Year 2078/79


    Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has reduced the dividend rate for fiscal year 2078/79 from 37.3684% to 33.15%.

    The 72nd meeting of the board of directors, held on Falgun 06, resolved to give a dividend of Rs. 1.03 Arba on the paid-up capital. A cash dividend of 9.3684% and 28% bonus shares had been recommended.

    The dividend was to be paid only after clearance from Nepal Rastra Bank and approval from the company’s future AGM. The dividend has been changed in accordance with Nepal Rastra Bank’s directives. As a result, a new dividend rate of 26% Bonus dividend and 7.15% cash dividend has been recommended.

    Consequently, the bonus shares are valued at Rs. 26.89 crores, while the cash dividend is valued at Rs. 7.39 crores.

  • National Microfinance (NMFBS) Modifies Bonus Dividend for Fiscal Year 2078/79

    National Microfinance (NMFBS) Modifies Bonus Dividend for Fiscal Year 2078/79


     

    The bonus dividend of National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) has been reduced from 38.5% to 34.45%.

    NMFBS proposed a Bonus Dividend of 38.5% for fiscal year 2078/79. The 141st board of directors meeting, held on Magh 9, proposed a 38.5% bonus from paid-up capital for fiscal year 2078/79. The company’s paid-up capital is Rs. 58.66 crores. As a result, the company proposed bonus shares worth Rs. 22.58 crores.

     

  • SEBON Approves 10.75% NMB Debenture 2089/2090; Bank Will Soon Issue 40 Lakh Unit Debentures

    SEBON Approves 10.75% NMB Debenture 2089/2090; Bank Will Soon Issue 40 Lakh Unit Debentures


    On Falgun 18, 2079, the Securities Board of Nepal (SEBON) approved the “10.75% NMB Debenture 2089/2090”.

    NMB Bank Limited (NMB) plans to issue 40 lakh unit debentures at Rs 1000 per unit. The bank will offer a 10.75% interest rate on the debenture for ten years

     

  • Swarojgar Laghubitta Announces Book Closure Date for its Dividend of 23.157%

    Swarojgar Laghubitta Announces Book Closure Date for its Dividend of 23.157%


    Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) has announced the book closure date for its 23.1579% dividend worth Rs. 11.90 crores for fiscal year 2078/79 and has scheduled the 14th Annual General Meeting for Chaitra 11, 2079. The meeting will begin at 11:30 a.m. that day in Nepal Pragya Pratisthan, Kamaladi, Kathmandu.

    Among the other items on the agenda, the AGM will approve a 23.1579% dividend of Rs. 11.90 crores for fiscal year 2078/79. On Poush 27, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 51.40 crores. There is a proposal for 22% bonus shares worth Rs 11.31 crores and a 1.1579% cash dividend (including tax) worth Rs 59.52 lakhs.

     

  • NEPSE now lists bonus shares of SHL, MERO, NICL, and PIC.

    NEPSE now lists bonus shares of SHL, MERO, NICL, and PIC.


    Soaltee Hotel Limited (SHL) has 42,13,533 unit bonus shares listed on NEPSE.

    On Poush 28, 2079, the company held its 48th AGM for the fiscal year 2078/79. The board of directors approved a dividend of 26.31578947% for fiscal year 2078/79. The board of directors decided to distribute 5% bonus shares worth Rs. 4,21,28,986 and a 21.31578947% cash dividend worth Rs. 179,602,521 from its paid-up capital of Rs. 84.25 Crores on Ashwin 31. NEPSE now lists the same bonus shares.

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

    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 prior fiscal year, in addition to the usual financial reports.

    According to a press release, the AGM also featured a leadership symposium for the firm’s staff, and the company also recognized its top performers.

  • Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio.

    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 on Falgun 12. Thus, the company’s enlarged paid-up capital following the right issuance at 50% will be Rs. 2.74 Arba.

    Balephi Hydropower earlier this year sold 18,27,970 units to the general public at a price of Rs 18.27 crore.

  • Siddhartha Insurance’s (SIL) 9% Bonus Shares are Currently Listed on the NEPSE

    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 were recommended at the board of directors meeting on Poush 7. As a result, the proposal included bonus shares worth Rs. 11.59 crores and cash dividends of Rs. 61.01 lakh.

    The same bonus shares are now on the NEPSE list. Last week, SIL finished at Rs. 611.

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

    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 merged company’s name, Sagarmatha Lumbini Insurance Company.

    The business reportedly recognized its employees who have worked there for more than ten years in a statement to the media.