Citizen

Menchhiyam Hydropower IPO has raised Rs. 92.58 crores as of the third day. 1
NEPSE NEWS

Menchhiyam Hydropower IPO has raised Rs. 92.58 crores as of the third day.

  CDS & Clearing Limited (CDSC) has submitted the statistics of Menchhiyam Hydropower Limited’s public IPO collecting as of 10 a.m. today, Baisakh 06. Since the 4th of Baisakh, 2080, the corporation has been issuing 934,915 unit shares of Rs 100 face value as an Initial Public Offering to the general public. This issue’s early […]

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Increased Impairment Charges Contributed to 8.81% RSDC Laghubitta's net profit falls in the third quarter; NPL rises to 1.37% 3
IPO | FPO

Increased Impairment Charges Contributed to 8.81% RSDC Laghubitta’s net profit falls in the third quarter; NPL rises to 1.37%

RSDC Laghubitta Bittiya Sanstha (RSDC) has released its third-quarter report for FY 2079/2080, which shows an 8.81% decrease in Net Profit. According to the company’s report, net profit fell to Rs. 8.69 crores from Rs. 9.43 crores in the previous year’s similar period. The company’s distributable profit after PL Appropriation and Regulatory Adjustments was Rs […]

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From today, City Hotel Limited will close its initial public offering (IPO) for Nepalese working abroad. 5
IPO | FPO

From today, City Hotel Limited will close its initial public offering (IPO) for Nepalese working abroad.

City Hotel Limited is ending the issue of 1,67,400 unit shares of Rs 100 face value to Nepalese citizens working abroad today, on the 5th Baisakh, 2080. The issue debuted on Chaitra 21, 2079. Similarly, on the 25th of Baisakh, 2080, the corporation would issue 13,55,940 unit shares with a face value of Rs 100 […]

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On Baisakh 04, Ingwa Hydropower distributed IPO shares to project-affected locals and Nepalese working abroad. 7
IPO | FPO

On Baisakh 04, Ingwa Hydropower distributed IPO shares to project-affected locals and Nepalese working abroad.

Ingwa Hydropower Limited has distributed IPO shares to Taplejung District residents and Nepalese people working overseas. The allotment program ended on the 4th of Baisakh, and money will be refunded to non-allottee applicants beginning on the 6th of Baisakh, 2080. The company’s issued capital is Rs. 60 crores, of which 10%, or 6,00,000 unit shares […]

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For Fiscal Year 2078/79, Nesdo Sambridha Laghubitta revises the dividend rate to 17.9342%. 9
Dividend

For Fiscal Year 2078/79, Nesdo Sambridha Laghubitta revises the dividend rate to 17.9342%.

The dividend percentage for the fiscal year 2078/79 has been changed from 73.68% to 17.93% by Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO). On Chaitra 09, the board of directors resolved to disburse the dividend on the paid-up capital of Rs. 25.50 crores. There was a proposal for 50% bonus shares worth Rs. 12.75 crores […]

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The Book Closure Date for Kamana Sewa Bikas Bank's 4.64% Dividend has been announced. 11
Dividend

The Book Closure Date for Kamana Sewa Bikas Bank’s 4.64% Dividend has been announced.

Kamana Sewa Bikas Bank Limited (KSBBL) has scheduled its 16th Annual General Meeting for the 31st of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day at the Siddhartha Boutique Hotel in Kathmandu. Among the other items on the agenda, the AGM will approve a 4.64% cash dividend for fiscal year 2078/79. The […]

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NEPSE drops just 0.16% to settle at 1,904.98. 13
NEPSE NEWS

NEPSE drops just 0.16% to settle at 1,904.98.

The NEPSE index finished at 1,904.98 today, down 3.07 points from the previous trading day’s close. This is a 0.16% decrease. Yesterday, the index dropped 23.64 points. The index began today at 1,905.96 and reached an intraday high of 1,911.51. In comparison, it dropped as low as 1,892.82 before closing at 1,904.98. 24429 transactions involved […]

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Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares. 15
Business | Market | Economy

Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares.

  Union Life Insurance Company Limited (ULI) has requested its shareholders to pay the 8.97% bonus share tax. On the 26th of Magh, 2079, the firm held its 5th AGM for the fiscal year 2077/78. The meeting approved 8.97% bonus shares worth Rs. 19,28,55,000 from the company’s paid-up capital of Rs. 2.15 Arba for the […]

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Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector's capability. 19
Business | Market | Economy

Federal Reinsurance Brokers Limited enters an agreement with the Banking Finance and Insurance Institute of Nepal to strengthen the insurance sector’s capability.

  On April 13, 2023, Federal Reinsurance Brokers Limited and Banking Finance and Insurance Institute of Nepal Limited signed a Memorandum of Understanding (MOU) to form a long-term strategic alliance in the areas of training, research, and consulting for the insurance sector’s capacity development. Ms. Alpana Sharma, Company Secretary, and Mr. Saurav Baral, Research Analyst […]

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