The price of precious gold has fallen by Rs. 800 per tola (fine gold) today when compared to the trading price on Tuesday. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is currently being traded at Rs. 111,000 per tola, marking a decrease from Tuesday’s price of Rs. […]
Citizen Life Insurance Company Limited (CLI) has successfully listed 37,500,000 IPO shares on the Nepal Stock Exchange (NEPSE). This includes shares held by the company’s promoters as well as those issued to the general public. The initial trading range for these shares is set between Rs. 172.43 and Rs. 517.29. If CLI enters into an
In today’s trading session, the Nepal Stock Exchange (NEPSE) Index ended at 2,004.30 points, showing a decrease of 18.60 points or 0.91% compared to the previous day’s close. On Tuesday, the index had risen by 18.45 points. The trading day began with the index opening at 2,023.52, reaching its lowest point at 1,993.46 during the
Today, the allocation of IPO shares for Mid-Solu Hydropower Company Limited has been completed in Kathmandu at the office of the issue manager, NIC Asia Capital Limited. Mid-Solu Hydropower Company had initially offered 6,21,172 IPO shares at a face value of Rs 100 each to the general public. This offering was open from Bhadra
Godrej has introduced a special festival-themed promotion for customers buying their home appliances. Under this scheme, customers will enjoy exclusive cash discounts and other gifts when purchasing Godrej products. Customers can benefit from a generous 25% discount when buying Godrej products. Additionally, customers will receive a 6 kg pack of Arial washing powder when purchasing
On Monday, Ashwin 8, the IPO of Chirkhwa Hydropower was allocated to residents affected by the project in Bhojpur District. The distribution of the company’s IPO took place at the office of RBB Merchant Banking Limited, which is overseeing the IPO issuance. Between Shrawan 28th and Bhadra 25th, the company had offered shares to project-affected
In today’s Nepal Stock Exchange (NEPSE) trading session, the NEPSE Index concluded at 2,022.91 points, showing a gain of 18.45 points or 0.92% compared to the previous day’s closing. On Monday, the index had experienced a loss of 5.89 points. The trading day commenced with the index opening at 2,006.64. It reached its lowest point
The Securities Board of Nepal (SEBON) is looking to make important changes to the rules governing hydropower companies, especially regarding the issuance of Initial Public Offerings (IPOs) and right shares. These changes will involve updates to the regulations related to registering and removing hydropower companies. Hydropower companies often raise capital by selling shares to
Sanima Bank Limited (SANIMA) has scheduled its 19th Annual General Meeting (AGM) for the 2nd of Kartik, 2080, starting at 11 a.m. The AGM will take place at Kundalini Durbar Banquet in Kathmandu. One of the main agenda items for the AGM is the approval of a 14.7% dividend for the fiscal year 2079/80.
RBB Merchant Banking Limited has announced its 8th Annual General Meeting (AGM) on the 29th of Ashwin, 2080. The AGM will take place at the company’s head office, Singhadurbar Plaza, Kathmandu, starting at 4 pm. The key agendas for the AGM include: 1) Approval of financial reports for the fiscal year 2079/80. 2) Approval
Everest Bank Limited (EBL) has scheduled its 29th Annual General Meeting (AGM) for the 30th of Ashwin, 2080, to be held at Lainchaur Banquet in Kathmandu, starting at 11 a.m. One of the key items on the AGM agenda is the approval of a 20.53% dividend for the fiscal year 2079/80. In a meeting on
In today’s trading, the NEPSE index closed at 2,004.45, down 5.89 points or 0.29% from the previous day. It had lost 19.42 points yesterday. The day started with an opening of 2,012.21 and saw a low of 1,999.62 and a high of 2,015.56 before settling at 2,004.45. During the trading session, there were 284
