The Nepal Stock Exchange (NEPSE) Index recorded a decline of 17.23 points or 0.82% compared to the previous day’s closing, concluding at 2,070.84 points. The…
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Universal Power Company Limited (UPCL) Announces AGM with Dividend Declarations and Key Agendas
Universal Power Company Limited (UPCL) has announced its Annual General Meeting (AGM) scheduled for the 29th of Poush, 2080. The meeting is set to take…
Purwanchal Lube Oil Limited Announces 24th AGM with Key Agendas and Company Overview
Purwanchal Lube Oil Limited has scheduled its 24th Annual General Meeting (AGM) for the 29th of Poush, 2080. The venue for the meeting is set…
Gold Prices Surge in Nepal: Rs. 600 Increase per Tola from Monday’s Rates
The price of gold has experienced an uptick, rising by Rs. 600 per tola (fine gold) in today’s trading compared to Monday’s rates. The Federation…
Sarbottam Cement Makes History with SEBON Approval for First Book-Building IPO in Nepal
The Securities Exchange Board of Nepal (SEBON) has given its approval to the initial public offering (IPO) proposal of Sarbottam Cement Limited on Poush 3,…
Nepal Declares Public Holidays for Christmas, Udhauli Parva, and Yomari Punhi, Embracing Cultural Diversity
The Government of Nepal has joyously declared Monday, the 9th of Poush, and Tuesday, the 10th of Poush, as public holidays to celebrate ‘Christmas Day,’…
Hams Hospital Makes Historic Move with Initial Public Offering, Paving the Way for Health Sector Entry into Nepal’s Capital Market
Hospital for Advanced Medicine and Surgery Limited, also known as Hams Hospital, has taken a significant stride towards entering the capital market by submitting an…
Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set at Hotel Pokhara Grande in Pokhara, Kaski. One of the key agenda items for the AGM is the endorsement of a 10% dividend for the fiscal year 2079/80. This decision was reached during the 297th meeting of the board of directors held on Poush 04, 2080. The proposed distribution includes 9.50% bonus shares totaling Rs. 49.28 crores and 0.50% cash dividend (inclusive of tax) amounting to Rs 2.59 Crores. Another significant agenda involves the endorsement of the auditor’s report, encompassing profit and loss statements, financial reports, and cash flow reports. Additionally, the appointment of an auditor for the fiscal year 2080/81 is on the agenda. There is also a proposal to increase the authorized capital of the company to Rs. 5.70 Arba. Furthermore, there is an agenda addressing the identification of a suitable development bank for potential merger and acquisition with Garima Bikas Bank Limited. The book closure date is set from Poush 17 to Poush 29, allowing shareholders holding shares before this period to be eligible for the dividend payout and attend the AGM.
Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set…
Muktinath Bikas Bank Announces 17th AGM with Dividend Approval Amidst NEPSE Trading Suspension
Muktinath Bikas Bank Limited (MNBBL) has announced its 17th Annual General Meeting (AGM) scheduled for the 28th of Poush, 2080, to be held at City…
NEPSE Announces 42nd AGM with Key Agendas Including 64% Cash Dividend Approval
The Nepal Stock Exchange Limited (NEPSE) has announced the convening of its 42nd Annual General Meeting (AGM) scheduled for the 29th of Poush, 2079. The…
Gupteshwor Mahadev Cave in Pokhara Generates Impressive Annual Revenue of 54.2 Million Rupees
The Gupteshwor Mahadev Cave in Chhorepatan, Pokhara, renowned for its historical and religious significance, has announced an impressive annual revenue of 54.2 million rupees. As…
Mahalaxmi Bikas Bank Calls 22nd AGM: Proposes 6.40% Cash Dividend and Discusses Key Agendas
Mahalaxmi Bikas Bank Limited (MLBL) has scheduled its 22nd Annual General Meeting (AGM) for the 28th of Poush, 2080. The venue for the meeting is…