Citizens

Citizens Bank International Limited Initiates Auction of Promoter Shares: Exclusive Opportunity for Existing Promoter Shareholders 1
Business | Market | Economy

Citizens Bank International Limited Initiates Auction of Promoter Shares: Exclusive Opportunity for Existing Promoter Shareholders

The current promoter of Citizens Bank International Limited (CZBIL) has initiated the auction of 70,490.61 units of shares, exclusively available to interested existing promoter shareholders, starting today. Ila Sharma plans to divest 70,490.61 units of promoter shares, and the auction is open exclusively to current promoter shareholders. The minimum bid rate for the auction has […]

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Multiple Citizens Mutual Funds Report NAV Changes and Financial Updates for Ashwin 3
Business | Market | Economy

Multiple Citizens Mutual Funds Report NAV Changes and Financial Updates for Ashwin

The “Citizens Super 30 Mutual Fund (C30MF),” a closed-end fund with a 10-year maturity, has released its Net Asset Value (NAV) report for the month of Ashwin. The NAV in Ashwin stands at Rs. 10.02, a decrease from Rs. 10.25 a month ago. The fund’s total size is Rs. 75.07 Crores, with investments of Rs. […]

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Himalayan Reinsurance Announces IPO for Nepalese Citizens Abroad, Aiming to Raise Rs. 61.8 Crores 5
IPO | FPO

Himalayan Reinsurance Announces IPO for Nepalese Citizens Abroad, Aiming to Raise Rs. 61.8 Crores

Himalayan Reinsurance Limited has announced its plans to issue an Initial Public Offering (IPO) aimed at Nepalese citizens working abroad. The company intends to offer 30,00,000 unit shares, and the subscription period will be open from the 21st Kartik, concluding on the 5th Mangsir in the year 2080. The total issued capital of the company […]

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Citizens Capital Distributes 8% Cash Dividend to 'Citizens Mutual Fund-2' Unit Holders 7
Dividend

Citizens Capital Distributes 8% Cash Dividend to ‘Citizens Mutual Fund-2’ Unit Holders

Citizens Capital Limited has provided an 8% cash dividend to the unit holders of “Citizens Mutual Fund – 2 (CMF2)” directly to their bank accounts, along with encouraging them to convert their physical shares into electronic format. For the last fiscal year, 2079/2080, the fund declared an 8% return and closed its books on Bhadra […]

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Closing Today: Public Issue of 10% Citizens Bank Debenture 2090 9
Business | Market | Economy

Closing Today: Public Issue of 10% Citizens Bank Debenture 2090

Citizens Bank International Limited (CZBIL) is concluding the issuance of 30,00,000 units of “10% Citizens Bank Debenture 2090” to the general public and institutions today, which is the 22nd Ashwin, 2080. These debentures come with a 10-year maturity period and offer a 10% coupon rate. The application period for these debentures opened on the 17th […]

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Citizens Capital's 17th AGM Approves 12% Cash Dividend 11
Dividend

Citizens Capital’s 17th AGM Approves 12% Cash Dividend

  Citizens Capital held its 17th Annual General Meeting (AGM) on Ashoj 19, 2080, chaired by the company’s chairman. During the AGM, the shareholders approved a 12% cash dividend proposal, along with reviewing the financial reports for the fiscal year 2079-80, according to a media statement.  

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Deadline Extended for '10% Citizens Bank Debenture 2090' to Kartik 01 13
Business | Market | Economy

Deadline Extended for ‘10% Citizens Bank Debenture 2090’ to Kartik 01

Citizens Bank International Limited (CZBIL) has decided to extend the deadline for the issuance of 30,00,000 units of their “10% Citizens Bank Debenture 2090” to the general public and institutions until the 1st of Kartik, 2080. These debentures have a maturity period of 10 years and offer a 10% coupon rate. The application period for […]

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10% Citizens Bank Debenture 2090 Public Issue Now Open 15
Business | Market | Economy

10% Citizens Bank Debenture 2090 Public Issue Now Open

  Introducing a lucrative investment opportunity with a total of 30 lakh units on offer at a par value of Rs. 1000 per unit. This unique offering includes a private placement portion comprising 60% of the total units, totaling 18 lakh units, and a public issue segment with 12 lakh units, valued at Rs. 1.2 […]

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IPO Allotment: Vision Lumbini Urja Company Allocates Shares to Overseas Nepalese on 15th Ashwin 17
IPO | FPO

IPO Allotment: Vision Lumbini Urja Company Allocates Shares to Overseas Nepalese on 15th Ashwin

Vision Lumbini Urja Company Limited has completed its IPO share allocation to foreign Nepalese employees on September 30, 2023. The company has a total issued capital of Rs. 1.91 Arba, with 10% (19,12,500 units) of shares, worth Rs. 19.12 Crores, allocated to project-affected locals of Kaski District. An additional 10% (19,12,500 units) will be offered […]

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Last Day to Claim CZBIL Dividend Reminder 19
Dividend

Last Day to Claim CZBIL Dividend Reminder

Citizens Bank International Limited (CZBIL) is set to hold its 17th Annual General Meeting (AGM) on September 26, 2080, in Amritbhog, Kalikasthan, Kathmandu, starting at 11 a.m. During this meeting, among other things, they will approve a 5.79% cash dividend for the fiscal year 2079/80. This decision was made during the 428th meeting of the […]

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