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Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79.
For the fiscal year 2078/79, Asian Life Insurance Company Limited (ALICL) has proposed a dividend of 8.947% worth Rs. 26.01 Crores. The board of directors decided today (Falgun 30) to distribute 8.50% bonus shares and a 0.447% cash dividend (for tax purposes). The value of the bonus shares is Rs. 24.71 crores, and the […]
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SEBON finally approves Rawa Energy Development’s IPO proposal.
The Securities Exchange Board of Nepal (SEBON) has approved Rawa Energy Development Limited’s proposed initial public offering (IPO) on Falgun 25. The company will now issue 840,000 equity shares at NPR 100 per share. The issue is worth Rs. 8.4 crore. This is equivalent to 30% of the company’s issued capital. The company’s total […]
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Market Roundup: NEPSE Maintains Falling Trend, Dropping 14.44 Points to Limit Intraday Turnover to Rs 1.202 Arba
The NEPSE index closed at 1,938.62 today, down 14.44 points from the previous trading day’s close. This represents a 0.74% decrease. Yesterday, the index rose 1.85 points. The index opened today at 1,953.96 and reached an intraday high of 1,956.37. In contrast, it dropped as low as 1,926.57 before closing at 1,938.62.
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The government’s spending exceeds its revenue by Rs 1.56 Kharba.
For the first eight months of the current fiscal year 2079/80, the government’s budget deficit exceeded Rs. 1.56 Kharba. By the end of Falgun, the government had spent 7.79 Kharba of its budget, but had only collected 6.22 Kharba in total revenue. Meanwhile, only 22.15% of capital expenditure (CAPEX) is used until the end […]
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The IPO of IME Life Insurance Company has been added to the SEBON pipeline.
The IME Life Insurance Company Limited Initial Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval. The company intends to sell 12 million unit shares to the general public for Rs. 276 each (Rs 100 face value + Rs 176 premium price). The company will raise a total of Rs. 3.312 […]
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NEPSE Releases Virtual Trading Platform Demo Version
Nepal Stock Exchange Limited (NEPSE) has made a test version of a virtual trade management system (simulator) available in order to introduce prospective investors to the technology. The main concern is, “How does NEPSE’s online method work?” This method was implemented with the goal of educating people and providing useful information.
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The deadline for the auction of 296,000 Kumari Bank promoter shares has been extended to Chaitra 06
The deadline for the sale of 2,96,000 units of promoter share has been extended till Chaitra 6, 2079, according to Kumari Bank Limited (KBL). KBL’s existing promoters have started auctioning off their 2,96,000 unit promoter stake. The auction began on the 16th of Falgun and was scheduled to end tomorrow, on the 30th of Falgun, […]
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Chilime Hydropower Company’s 7.5% bonus shares are now listed on the NEPSE.
Chilime Hydro Power Company Limited (CHCL) has launched 50,63,846.01 Units Bonus Shares on NEPSE. The board of directors suggested a 15% dividend for fiscal year 2078/79 during its 410th meeting on Mangsir 20. 7.5% bonus shares and 7.5% cash dividends of Rs. 50.63 crores each were proposed and delivered to shareholders. The current paid-up capital […]
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Gold is currently trading at Rs 104,100, having gained Rs 600 per tola today.
Today’s gold price has risen by Rs. 600 on the domestic market. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 104,100 per tola. Yesterday, the pricing remained unchanged at Rs. 103,500 per tola. Meanwhile, Tejabi gold is currently trading for Rs. 103,600. In […]
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Sabaiko Laghubitta holds its sixth annual general meeting and approves 18% bonus shares for shareholders.
Sabaiko Laghubitta held its 6th AGM on Falgun 26, 2079, led by company chair Mr. Narayan Prasad Joshi. According to the media statement, the AGM decided to approve 18% bonus shares and 0.95% cash dividends to its shareholders, as well as authorize the board to conduct any merger/acquisition work with suitable institutions.
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