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Rawa Energy Development Limited to Conduct IPO Allotment, Oversubscribed by 19.82 Times
Rawa Energy Development Limited is set to conduct the IPO allotment on Tuesday, 30th Jestha, 2080. The allotment program will take place at the premises of Prabhu Capital Limited, the issue manager, located in Kamaladi, Kathmandu, at 4 pm. During the IPO, the company had issued a total of 643,667 unit shares with a face […]
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NEPSE Index Registers Modest Gain of 0.39% as Hotels and Tourism Sector Leads Green Zone
The NEPSE index concluded the trading day at 1,987.87, registering a gain of 7.79 points or 0.39% compared to the previous day’s closing. The index had experienced a significant increase of 40.48 points in the previous session. The day started with the index opening at 1,984.36 and reaching an intraday high of 2,003.25. However, it […]
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Three Star Hydropower Limited Announces IPO Offering to the General Public, Seeking Rs 6.13 Crore
Three Star Hydropower Limited has recently released an offer letter announcing its Initial Public Offering (IPO) to the general public. The company plans to issue 613,162 unit shares with a face value of Rs 100 each, starting from the 5th of Ashad, 2080. The objective is to raise Rs 6.13 crore through this IPO. The […]
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“Prabhu Life Insurance Company’s 5th AGM Approves Dividend, Elects New BoDs, and Announces Merger with Mahalaxmi Life Insurance”
Prabhu Life Insurance Company recently held its 5th Annual General Meeting (AGM) under the chairmanship of Mr. Subhash Amatya on Jestha 26, 2080. During the AGM, the financial reports for the previous fiscal year were approved. In addition, the meeting decided to distribute 9.80% bonus shares and 0.51% cash dividends to the shareholders. These dividends […]
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“Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) Calls AGM for Acquisition Approval and Dividend Declaration”
Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) has scheduled its 4th Annual General Meeting (AGM) to take place on the 16th of Ashad, 2080. The meeting will be held at Hotel Arniko in Dhulikhel, commencing at 1 PM. Considering the ongoing acquisition of Rastra Utthan Laghubitta by Asha Laghubitta Bittiya Sanstha Limited (ALBSL), both AGMs […]
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“Delisting of 8% Everest Bank Limited Debenture 2079 from NEPSE as it Reaches Maturity: Refunds and Interest Distribution for Unitholders”
A total of 468,845 units of the “8% Everest Bank Limited Debenture 2079” have been removed from trading on the NEPSE (Nepal Stock Exchange). This delisting indicates that the debenture has reached its maturity date, which was Jestha 28, 2079. Investors who held these debentures will now receive their principal investment amount along with the […]
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NEPSE Index Surges by 2.09% with Record Turnover, All Sectors in Green
The NEPSE index experienced significant gains today, closing at 1,980.09 points, which is an increase of 40.48 points from the previous trading day’s closing. This represents a gain of 2.09% in the overall index value. Last Thursday, the index had gained 7.27 points. The trading day started with the index opening at 1,941.52 points and […]
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Nepal Rastra Bank Begins Preparations for Fiscal Year 2080-81 Monetary Policy to Boost Economy
The Nepal Rastra Bank (NRB) has initiated the process of formulating the monetary policy for the upcoming fiscal year 2080-81. In line with the financial budget announcement for the same fiscal year, the central bank has commenced its work on preparing the monetary policy. To gather input and recommendations for the monetary policy formulation, the […]
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Exciting Opportunities Await: Ridi Power Company Calls Special General Meeting for Lucrative Rights Offering and Capital Amendment
Ridi Power Company Limited (RIDI) has announced its plan to hold a Special General Meeting (SGM) on 8th Ashad, 2080. The meeting will take place at the Indreni Complex in Naya Baneshwor, Kathmandu, starting at 11 am. One of the key proposals on the agenda is a rights offering of a 1:0.50 ratio, which means […]
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National Life Insurance Company Approves Bonus Shares and Cash Dividend in 35th AGM
National Life Insurance Company recently held its 35th Annual General Meeting (AGM) under the leadership of its chairman, Ms. Prema Singh, on Jestha 22, 2080. During the AGM, the shareholders approved the distribution of 8% bonus shares and a 6.5% cash dividend. Additionally, an additional cash dividend of Rs 1.95 crore was endorsed for taxation […]
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