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Prabhu Insurance Company Will Hold An AGM On February 23rd; The Company Will Endorse 7.05% 1
Dividend

Prabhu Insurance Company Will Hold An AGM On February 23rd; The Company Will Endorse 7.05%

  Prabhu Insurance Company Limited (PRIN) has called its 27th AGM on 23rd Falgun, 2079. The meeting will be held in the company’s head office located at Tinkune, Kathmandu, starting at 11 AM that day. Among the other agendas, the AGM will endorse a 7.05% dividend for the fiscal year 2078/79. The 414th meeting of […]

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Shangrila Development Bank Announces 8.983% Dividend Worth Rs 27.04 Crores for FY 2078/79 3
Dividend

Shangrila Development Bank Announces 8.983% Dividend Worth Rs 27.04 Crores for FY 2078/79

Shangrila Development Bank Limited (SADBL) has proposed a dividend of 8.983% amounting to Rs. 27.04 crores for fiscal year 2078/79. The board of directors decided on Magh 26 to distribute the dividend on the paid-up capital of Rs. 3.01 Arba. There has been proposed an 8.534% bonus share and a 0.449% cash dividend (for tax […]

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Union Life Insurance convenes its 5th AGM; endorses 8.97% bonus shares 5
IPO | FPO

Union Life Insurance convenes its 5th AGM; endorses 8.97% bonus shares

Union Life Insurance Company held its 5th Annual General Meeting (AGM) for the fiscal year 2077-78 on Magh 26, 2079, under the leadership of its Board of Directors, Mr. Sandeep Kumar Agrawal. According to the media statement, the AGM approved the financial reports for the previous fiscal year and decided on the remuneration of its […]

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Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power's Net Profit Company to Issue 50% Right Shares 7
IPO | FPO NEPSE NEWS

Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares

Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined to Rs. 1.96 crores in this quarter from Rs. 46.98 crores in the previous year’s equivalent quarter. In this quarter, the firm recorded total income of Rs. 18.92 crores, a […]

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Asha Laghubitta (ALBSL) proposes a dividend of 21.0526% worth Rs 7.02 crores for fiscal year 2078/79. 9
Dividend

Asha Laghubitta (ALBSL) proposes a dividend of 21.0526% worth Rs 7.02 crores for fiscal year 2078/79.

For the fiscal year 2078/79, Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has recommended a 21.0526% dividend of Rs. 7.02 Crores. The board of directors agreed on March 23 to disburse the dividend from the paid-up capital of Rs. 33.39 crores. A 20% bonus share and a cash dividend of 1.0526% (for tax purposes) have been […]

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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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The ERC has given preliminary approval to Synergy Power Development Company to issue 50% rights. 13
NEPSE NEWS

The ERC has given preliminary approval to Synergy Power Development Company to issue 50% rights.

The Electricity Regulatory Commission has given preliminary approval to Synergy Power Development Company (SPDL) to issue a 2: 1 right offering. On Kartik 17, 2079, the application for the issuance of right shares was submitted to ERC. On Shrawan 24, 2078, the board of directors proposed issuing 50% right shares on the paid-up capital after […]

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Ex-pat Nepalese get Rs 400 incentive while sending money to NICA accounts via World Remit 15
Money Transfer to Nepal

Ex-pat Nepalese get Rs 400 incentive while sending money to NICA accounts via World Remit

Ex-pat Nepalese who send money to NIC ASIA Bank accounts in Nepal using World Remit would receive a bonus of Rs 400. The scheme will run from Aswin 11 to Kartik 10, 2078, with just the first transaction eligible for the bonus. The bank now has 356 branches, 472 ATMs, 70 extension counters, and 81 […]

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