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Tag: Closure

Ridi Power Company Limited (RIDI) Announces Book Closure Date for 50% Right Shares, Valued at Rs. 77.44 Crores 1
January 29, 2024

Ridi Power Company Limited (RIDI) Announces Book Closure Date for 50% Right Shares, Valued at Rs. 77.44 Crores

Business | Market | Economy

Ridi Power Company Limited (RIDI) has disclosed the book closure date for its upcoming 50% right shares, set for the 22nd of Magh, 2080. Shareholders…

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Arun Valley Hydropower Announces 100% Right Share Issuance 3
January 18, 2024

Arun Valley Hydropower Announces 100% Right Share Issuance

Dividend

Arun Valley Hydropower Development Company Limited (AHPC) has announced that the book closure date for its 100% right shares is set for the 15th of…

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Himalayan Everest Insurance Sets AGM on 25th Magh to Approve 15% Dividend; Book Closure Date? 5
January 12, 2024

Himalayan Everest Insurance Sets AGM on 25th Magh to Approve 15% Dividend; Book Closure Date?

Dividend

Himalayan Everest Insurance Limited (HEI) has scheduled its 30th Annual General Meeting (AGM) for February 25, 2080. The meeting will take place at Baneshwor Banquet…

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Auction Alert: Multipurpose Finance Company Limited Promoters Initiate Share Auction for Eligible Shareholders 7
January 3, 2024

Auction Alert: Multipurpose Finance Company Limited Promoters Initiate Share Auction for Eligible Shareholders

Business | Market | Economy, NEPSE NEWS

Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have commenced the auction of their respective promoter shares. Bijaya…

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Singati Hydro Energy Limited Announces Book Closure Date for 100% Right Share Issuance 9
January 1, 2024

Singati Hydro Energy Limited Announces Book Closure Date for 100% Right Share Issuance

Dividend

Singati Hydro Energy Limited (SHEL) has announced the book closure date for its upcoming issuance of 100% right shares, set for the 22nd of Poush,…

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Shivam Cements Limited Announces 8th AGM with Proposal for 15% Dividend and Bonus Shares 11
December 28, 2023

Shivam Cements Limited Announces 8th AGM with Proposal for 15% Dividend and Bonus Shares

Dividend

Shivam Cements Limited (SHIVM) has announced its 8th Annual General Meeting (AGM) scheduled for the 27th of Poush, 2080. The meeting is set to take…

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Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set at Hotel Pokhara Grande in Pokhara, Kaski. One of the key agenda items for the AGM is the endorsement of a 10% dividend for the fiscal year 2079/80. This decision was reached during the 297th meeting of the board of directors held on Poush 04, 2080. The proposed distribution includes 9.50% bonus shares totaling Rs. 49.28 crores and 0.50% cash dividend (inclusive of tax) amounting to Rs 2.59 Crores. Another significant agenda involves the endorsement of the auditor's report, encompassing profit and loss statements, financial reports, and cash flow reports. Additionally, the appointment of an auditor for the fiscal year 2080/81 is on the agenda. There is also a proposal to increase the authorized capital of the company to Rs. 5.70 Arba. Furthermore, there is an agenda addressing the identification of a suitable development bank for potential merger and acquisition with Garima Bikas Bank Limited. The book closure date is set from Poush 17 to Poush 29, allowing shareholders holding shares before this period to be eligible for the dividend payout and attend the AGM. 13
December 24, 2023

Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set at Hotel Pokhara Grande in Pokhara, Kaski. One of the key agenda items for the AGM is the endorsement of a 10% dividend for the fiscal year 2079/80. This decision was reached during the 297th meeting of the board of directors held on Poush 04, 2080. The proposed distribution includes 9.50% bonus shares totaling Rs. 49.28 crores and 0.50% cash dividend (inclusive of tax) amounting to Rs 2.59 Crores. Another significant agenda involves the endorsement of the auditor’s report, encompassing profit and loss statements, financial reports, and cash flow reports. Additionally, the appointment of an auditor for the fiscal year 2080/81 is on the agenda. There is also a proposal to increase the authorized capital of the company to Rs. 5.70 Arba. Furthermore, there is an agenda addressing the identification of a suitable development bank for potential merger and acquisition with Garima Bikas Bank Limited. The book closure date is set from Poush 17 to Poush 29, allowing shareholders holding shares before this period to be eligible for the dividend payout and attend the AGM.

Dividend

Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set…

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Mahalaxmi Bikas Bank Calls 22nd AGM: Proposes 6.40% Cash Dividend and Discusses Key Agendas 15
December 24, 2023

Mahalaxmi Bikas Bank Calls 22nd AGM: Proposes 6.40% Cash Dividend and Discusses Key Agendas

Dividend

Mahalaxmi Bikas Bank Limited (MLBL) has scheduled its 22nd Annual General Meeting (AGM) for the 28th of Poush, 2080. The venue for the meeting is…

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Lumbini Bikas Bank Calls 16th AGM, Proposes 8.5% Dividend for FY 2079/80 17
December 21, 2023

Lumbini Bikas Bank Calls 16th AGM, Proposes 8.5% Dividend for FY 2079/80

Dividend

Lumbini Bikas Bank Limited (LBBL) has announced its 16th Annual General Meeting (AGM) scheduled for the 26th of Poush, 2080. The meeting is set to…

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"First Microfinance Laghubitta Bittiya Sanstha Calls 14th AGM, Proposes 15% Dividend Distribution" 19
December 17, 2023

“First Microfinance Laghubitta Bittiya Sanstha Calls 14th AGM, Proposes 15% Dividend Distribution”

Dividend

First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has announced its 14th Annual General Meeting (AGM) scheduled for the 28th of Poush, 2080. The meeting is…

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Terhathum Power Company Limited Announces 6th AGM and Right Share Issuance Plans 21
December 3, 2023

Terhathum Power Company Limited Announces 6th AGM and Right Share Issuance Plans

Dividend, IPO | FPO

Terhathum Power Company Limited (TPC) has announced its 6th Annual General Meeting (AGM) scheduled for the 21st of Poush, 2080 (January 6, 2024). The meeting…

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Shangrila Development Bank Calls 19th AGM: Approves 5.263% Dividend and Addresses Key Agendas for Fiscal Year 2079/80 23
November 20, 2023

Shangrila Development Bank Calls 19th AGM: Approves 5.263% Dividend and Addresses Key Agendas for Fiscal Year 2079/80

Dividend

Shangrila Development Bank Limited (SADBL) has announced its 19th Annual General Meeting (AGM), scheduled for the 24th day of Mangsir, 2080. The meeting is set…

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