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National Life Insurance's net profit increases by an astounding 57.70%. 1
Business | Market | Economy

National Life Insurance’s net profit increases by an astounding 57.70%.

National Life Insurance Company Limited (NLICL) has released its second-quarter report for fiscal year 2079/2080, showing a 57.70% increase in Net Profit compared to the previous year’s equivalent period. The net profit of the firm climbed to Rs. 22.73 crores in this quarter from Rs. 14.41 crores in the previous quarter. National Life has a […]

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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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Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power's Net Profit Company to Issue 50% Right Shares 5
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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Shuvam Power's first public offering allocation will end tomorrow morning; 48,188 lucky applicants will receive 10 units each. 7
Dividend

Shuvam Power’s first public offering allocation will end tomorrow morning; 48,188 lucky applicants will receive 10 units each.

Tomorrow morning, or on Magh 27, 2079, Shuvam Power Limited’s (SHUVAM) initial public offering (IPO) will take place. On the property of the issue manager, Muktinath Capital Limited, in Naxal, the allotment program will take place. From the 18th Magh to the 22nd Magh, the company distributed 481,882 units of shares with a face value […]

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Molung Hydropower Company Allotted Shares to Project-Affected Locals and Nepalese Working Abroad on the 24th of Magh. 9
IPO | FPO

Molung Hydropower Company Allotted Shares to Project-Affected Locals and Nepalese Working Abroad on the 24th of Magh.

Molung Hydropower Company Limited has distributed IPO shares to project participants and Nepalese citizens working abroad. The allotment program ended on the 24th of Magh, 2079, and money will be refunded to non-allottee applicants beginning on the 29th of Magh, 2079. The company’s issued capital is Rs. 80.25 crores, of which 10%, or 8,02,500 unit […]

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Sahas Urja's net profit fell 37.26% in the second quarter. 11
Nepal Stock Exchange

Sahas Urja’s net profit fell 37.26% in the second quarter.

Sahas Urja Limited’s net profit fell 37.26 percent in the second quarter of the current fiscal year 2079/80. The hydroelectric firm reported in its unaudited financial report for the second quarter published today that its net profit declined to Rs 21.59 crore in the second quarter of the fiscal year 2079/80 from Rs 34.42 crore […]

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615,104.47 Unit Shares of Best Finance Company in Falgun 01 Auction 13
Business | Market | Economy

615,104.47 Unit Shares of Best Finance Company in Falgun 01 Auction

From the 1st through the 15th of Falgun, 2079, Best Finance Company Limited (BFC) will auction 58,429.90 units of ordinary shares and 556,674.57 units of promoter shares. A total of 615,104.47 unit shares will be auctioned, including 58,429.90 ordinary shares and 556,674.57 promoter shares.Previously, from Bhadra 27 to Kartik 14, 2074, the corporation issued 1:1.3 […]

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Asha Laghubitta (ALBSL) proposes a dividend of 21.0526% worth Rs 7.02 crores for fiscal year 2078/79. 15
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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Shuvam Power IPO has received Rs. 1.51 Arba from 13.64 lakh applicants as of the last day. 17
IPO | FPO

Shuvam Power IPO has received Rs. 1.51 Arba from 13.64 lakh applicants as of the last day.

Shuvam Power Limited (SHUVAM) offered 481,882 units of shares valued at Rs. 4.81 crores to the general public as part of their Initial Public Offering (IPO) from the 18th to the 22nd of March, 2079. Out of the entire 580,580 units, 10%, or 58,058 units, have already been issued and assigned to Nepalese people working […]

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Mahila Laghubitta Calls 5th Annual General Meeting on February 21 to Support 50% Dividend 19
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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