Tag: Book

  • “First Microfinance Laghubitta Bittiya Sanstha Calls 14th AGM, Proposes 15% Dividend Distribution”

    “First Microfinance Laghubitta Bittiya Sanstha Calls 14th AGM, Proposes 15% Dividend Distribution”


    First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has announced its 14th Annual General Meeting (AGM) scheduled for the 28th of Poush, 2080. The meeting is set to take place at Amrapali Banquet in Bhatbhateni, Kathmandu, commencing at 10 AM on the specified day.

    One of the key items on the agenda for the AGM is the endorsement of a 15% dividend amounting to Rs. 17.21 Crores for the fiscal year 2079/80. The decision to distribute this dividend was made during the 211th meeting of the board of directors held on Mangsir 13. The proposed distribution includes a 7.5% bonus in the form of additional shares and a 7.5% cash dividend, the latter being designated for tax purposes. The total dividend is calculated based on the paid-up capital of Rs. 1.14 Arba.

    Shareholders are advised that the book closure date is on Poush 12. This means that individuals holding shares as of this date will be eligible for the dividend payout and can also participate in the upcoming AGM. The dividend distribution and proposed agendas are subject to the approval of the shareholders during the AGM.

  • Terhathum Power Company Limited Announces 6th AGM and Right Share Issuance Plans

    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 company’s annual report, approval of the auditor’s report for the fiscal year 2079/080, encompassing profit and loss statements, financial reports, and cash flow statements. Additionally, the meeting will address the appointment of auditors and the determination of their remuneration for the upcoming fiscal year 2080/81. The agenda also includes miscellaneous matters for discussion.

    In addition to the AGM proceedings, there is an agenda pertaining to the issuance of right shares at a ratio of 1:1 on the paid-up capital amounting to Rs. 40 Crores. The book closure date has been set for the 28th of Mangsir. Shareholders who maintain their positions before this date will be eligible to participate in the AGM and engage in the decision-making processes.

  • Sarbottam Cement Initiates IPO Bidding for Qualified Institutional Investors on NEPSE

    Sarbottam Cement Initiates IPO Bidding for Qualified Institutional Investors on NEPSE


    The initial public offering (IPO) of Sarbottam Cement has initiated the bidding process for Qualified Institutional Investors (QII) at the Nepal Stock Exchange (NEPSE). The bidding unfolded in the presence of NEPSE’s CEO Krishna Bahadur Karki and Sarbottam Cement’s Chairman Bishnu Prasad Neupane. During this phase, the company made its IPO available to eligible institutional investors through the book-building process from Mangsir 6 to Mangsir 10.

    A total of 41 eligible institutional investors participated in this opportunity, applying for 36,19,190 shares against the initial offering of 24,00,000 units. Notably, there are currently 135 Qualified Institutional Investors licensed by the Securities Board of Nepal (SEBON). Key bids at the highest price came from Kumari Capital and two mutual funds under its operation, with bids of Rs. 406 per share, the highest in the bidding process.

    The book-building guidelines allowed a maximum of 20% shares to be bid by a single qualified investor of the total issue size. Several QII, including Sky Touch Investment and Consultant Pvt. Ltd, Alka Investment Pvt. Ltd, Nepal Insurance Company Limited, and City Express Investment Fund Pvt. Ltd, bid for the maximum limit of 4.8 lakh units each.

    Most bids were placed at the cut-off price of Rs. 401, and successful QII applicants will receive a proportionate share based on their applied amount and the available shares at the cut-off price. The allotted shares for successful QII will be subject to a six-month lock-in period from the date of allotment to the general public.

    The cut-off price is set at Rs. 401, and the shares for the general public will be available at Rs. 360.9, reflecting a 10% discount on the cut-off rate. Qualified institutional investors were allowed to apply within a specified price range of Rs. 401 to Rs. 601.50 per share.

    The company’s issued capital stands at Rs. 4.65 Arba, of which 12.9033% (60,00,000 units) will be issued to the public (QIIs and the general public). Out of this, 40% (24,00,000 shares) were allocated to Qualified Institutional Investors.

    An arrangement is in place to determine a cut-off price for fully sold securities to qualified institutional investors, with applicants at or above the cut-off price receiving their share allotments based on demand. Shares will be issued to general investors at a 10 percent discount from the cut-off price.

    The IPO of Sarbottam Cement initially applied through the book-building method on 28th Ashadh 2079, gaining approval 15 months later, marking a pioneering IPO through this method.

  • Shangrila Development Bank Calls 19th AGM: Approves 5.263% Dividend and Addresses Key Agendas for Fiscal Year 2079/80

    Shangrila Development Bank Calls 19th AGM: Approves 5.263% Dividend and Addresses Key Agendas for Fiscal Year 2079/80


    Shangrila Development Bank Limited (SADBL) has announced its 19th Annual General Meeting (AGM), scheduled for the 24th day of Mangsir, 2080. The meeting is set to take place at Lainchaur Banquet in Kathmandu, commencing at 11 AM.

    One of the significant agendas for the AGM is the endorsement of a 5.263% dividend amounting to Rs. 17.19 crores for the fiscal year 2079/80. This decision was made during a board of directors meeting held on Kartik 03. The proposed dividend will be distributed based on the paid-up capital of the bank, which stands at Rs. 3.26 Arba. The distribution includes 5% bonus shares and 0.263% cash dividend for tax purposes, translating to slightly over Rs. 16.33 crores and a little over Rs. 85.98 lakhs, respectively.

    Additionally, the AGM will address the endorsement of the auditor’s report, covering Profit and Loss statements, financial reports, and cash flow reports for the fiscal year 2079/80. Plans for the appointment of an auditor for the fiscal year 2080/81 are also on the agenda. The meeting will also seek approval for the revision of the Articles of Association, as the issuance of bonus shares will lead to an increase in the paid-up capital.

    The book closure date for the proposed dividend and the AGM is set from the 11th to the 24th day of Mangsir, 2080. Shareholders recorded within this period are eligible for the dividend payout and are invited to attend the AGM.

  • Standard Chartered Bank Nepal Calls 37th AGM: Dividend Declaration, Financial Reports, and Amendments on the Agenda

    Standard Chartered Bank Nepal Calls 37th AGM: Dividend Declaration, Financial Reports, and Amendments on the Agenda


    Standard Chartered Bank Nepal Limited (SCB) has announced its 37th Annual General Meeting (AGM) scheduled for December 10, 2023, corresponding to the 24th day of Mangsir, 2080. The meeting is set to take place at the Army Officers Club in Bhadrakali, Kathmandu, starting at 1 PM, with the attendance book available for signatures from 8:00 AM onwards.

    One of the key items on the agenda is the endorsement of a 19% cash dividend (including tax), equivalent to 19 rupees, considering the bank’s paid-up capital of Rs. 9.42 Arba. Additionally, the AGM will seek approval for the annual report covering the financial year 2079/80.

    The meeting will also address the endorsement of the auditor’s report, encompassing Profit and Loss statements, balance sheets for the mid-2080 period, financial reports, and cash flow statements for the fiscal year 2079/80. Furthermore, the appointment of an auditor for the fiscal year 2080/81 will be discussed. The agenda extends to the approval of the revision of the Articles of Association, with provisions allowing the board of directors to make necessary changes if suggested by regulatory bodies or offices during the proposed amendment.

    The book closure date is set for the 7th day of Mangsir, 2080. Shareholders registered before this date are eligible for the dividend payout and are invited to attend the AGM. Participation requires the signing of the attendance book, accessible from 8:00 AM onward on the day of the meeting.

  • Shine Resunga Development Bank Announces 15th AGM with 11.05% Dividend Proposal and Strategic Agenda

    Shine Resunga Development Bank Announces 15th AGM with 11.05% Dividend Proposal and Strategic Agenda


    Shine Resunga Development Bank Limited (SHINE) has announced its 15th Annual General Meeting (AGM) scheduled for the 23rd of Mangsir, 2080. The venue for the meeting is set at Dreamland Gold Resort & Hotel Pvt. Ltd. in Manigram, Rupandehi, commencing at 11 a.m. on the specified day.

    One of the key items on the AGM agenda is the approval of an 11.05% dividend for the fiscal year 2079/80. The proposal for this dividend was put forth during the bank’s 280th board meeting held on the 23rd of Ashwin 2080. The proposed dividend is calculated based on the bank’s paid-up capital, which currently stands at Rs. 4.28 Arba. The dividend comprises 10.5% bonus shares valued at Rs. 44.98 crores and 0.55% cash dividend (inclusive of tax) amounting to Rs. 2.36 crores.

    Additionally, the AGM will address various other matters, including the endorsement of the auditor’s report containing Profit and Loss statements, financial reports, and cash flow reports for the fiscal year 2079/80. The appointment of an auditor for the upcoming fiscal year 2080/81 is also on the agenda. Furthermore, there will be a discussion about identifying suitable banks and financial institutions for potential merger and acquisition opportunities with Shine Resunga Development Bank.

    Shareholders are reminded that the book closure date is from the 11th to the 23rd of Mangsir, 2080. Only shareholders recorded on this day are eligible for the dividend payout and are invited to attend the AGM.

  • Adding stocks after book closure.Will it bring any benefits?

    Adding stocks after book closure.Will it bring any benefits?


    I am already the shareholder of a company which is gonna issue right shares.
    Am I gonna get the ratio of stocks I owned before the closure date or the stocks I’ve added when applying for right share?

    View on r/NepalStock by Freeincome999

  • Will I get the bonus shares of a company if I transfer all the shares of the company that I owed after the book closure date?

    Will I get the bonus shares of a company if I transfer all the shares of the company that I owed after the book closure date?


    Say I have 100 shares of a company X which announced its dividend. I wish to transfer it to my son’s account following all the procedures for share transfer going to the respective capitals after the book closure date. The bonus shares are yet to be listed. Now, will I still get the bonus share of the company? Will I be able to transfer shares to my son’s account after the book closure has been announced?

    View on r/NepalStock by sac218

  • Nic Asia (NICA) Shall i book profit ?

    Nic Asia (NICA) Shall i book profit ?


    I have about 10% profit in NICA. Shall i hold it or book profit since there is no dividend this year as well ?

    View on r/NepalStock by VeterinarianLanky910

  • Book close ko din share kinda k hunxa?

    Book close ko din share kinda k hunxa?


    1. Book close date vaneko tyo din matra navai thy din bata kehi din samma close hune ho ki k ho?
    2. Book close vayepaxi aathawa tyo din share kinda normal time ma aaudaina raicha…kaile samma aaula?

    Yesko system bujhaidina paryo

    View on r/NepalStock by sebak_thapa

  • What actually is book close……?

    What actually is book close……?


    I got a little about book close and why this happens but I wanted to know …

    Book close vanera date dya hunxa…tyo date ko din karobar nahune ho ki tyo din dekhi aaru kehi dim samma karobar nahune ho?
    Really confused…

    View on r/NepalStock by sebak_thapa

  • #PPCL kasto xa fundamental analysis? Eps book value ramro lagyo

    #PPCL kasto xa fundamental analysis? Eps book value ramro lagyo


    PPCL kasto xa fundamental analysis? Eps book value ramro lagyo

    View on r/NepalStock by Excellent-Leg7736