Capital
Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend;
Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has called its 11th AGM on 29th Falgun, 2079. The meeting will be held in Bougainvilla Events, Tripureshwor-11, Kathmandu, starting from 11 AM that day. Among the other agendas, the AGM will endorse an 11.58% dividend for the fiscal year 2078/79. The board of directors meeting decided to distribute […]
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NLG Insurance reports a decrease in business volume and profitability in the second quarter.
NLG Insurance Company Limited (NLG) has released its second-quarter report for fiscal year 1979/80. The company reported a net profit of Rs 10.6 crore, compared to a net profit of Rs 11.4 crore in the same quarter last year. This quarter, NLG’s net profit increased by 3.63%. The company’s paid-up capital is Rs.1.32 arba, […]
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Mahalaxmi Life Insurance observes its 4th anniversary
Mahalaxmi Life Insurance observed its 4th anniversary on Magh 27, 2079 where the company is the youngest in the insurance sector has gone through a lot of ups and downs. The company has increased its paid-up capital by 50%, reserve by 60.7%, life insurance fund by 56.4%, investment portfolio by 29.5%, claim settlement by […]
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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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Employed Abroad; Deadline Extended for Project Affected Locals Till Falgun 15
Makar Jitumaya Suri Hydropower Company Limited is closing the issue of its IPO to the Nepalese citizens working abroad from today i.e. on 29th Magh and has extended the IPO issue deadline for project-affected locals till 15th Falgun, 2079. The issue had opened on 15th Magh, 2079. The issued capital of the company is Rs. […]
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Rastriya Beema Company’s Profit Increased by 92.57% in Q2
The earnings of Rastriya Beema Company Limited (RBCL) climbed by an astonishing 92.57% in the second quarter of fiscal year 2079/80 compared to the same period the previous year. According to the financial report released today, it made a net profit of Rs 37.41 crore in the second quarter of fiscal year 2079/80, up from […]
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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
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
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.
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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