Closure

Ridi Power Company Limited (RIDI) Announces Book Closure Date for 50% Right Shares, Valued at Rs. 77.44 Crores 1
Business | Market | Economy

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

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 holding shares until Magh 21 will be eligible for the rights offering. The company is set to issue 50% right shares valued at Rs. 77.44 Crores, involving the issuance of […]

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Arun Valley Hydropower Announces 100% Right Share Issuance 3
Dividend

Arun Valley Hydropower Announces 100% Right Share Issuance

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 Magh, 2080. This means that only shareholders maintained until Magh 14 will be eligible to participate in the rights offering. The company plans to issue 100% right shares with a […]

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

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

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 in Thapagaun, starting at 11 AM. One of the key items on the AGM agenda is the approval of a 15% dividend for the fiscal year 2079/80. In a previous […]

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Auction Alert: Multipurpose Finance Company Limited Promoters Initiate Share Auction for Eligible Shareholders 7
Business | Market | Economy NEPSE NEWS

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

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 Kumar Thakur is offering 26,000 units, while Dhirendra Thakur is putting up 30,000 units for auction. This auction, which began on the 18th of Poush, 2080, is exclusively open to […]

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Singati Hydro Energy Limited Announces Book Closure Date for 100% Right Share Issuance 9
Dividend

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

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, 2080. Consequently, shareholders holding their positions until Poush 21 will be entitled to participate in the rights offering. The company intends to distribute 100% right shares valued at Rs. 1.45 […]

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

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

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 place at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, starting at 9:00 a.m. Among the various items on the agenda, the AGM will approve a 15% dividend for the fiscal year […]

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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
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 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.

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 […]

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

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

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 set at Lainchour Banquet in Lainchaur, Kathmandu, starting at 10 am. One of the key agenda items for the AGM is the endorsement of a 6.40% cash dividend for the […]

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

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

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 take place at Amritbhog, Kalikasthan, Kathmandu, commencing at 11 am on the specified day. Among the key agendas to be addressed during the AGM, the endorsement of an 8.5% dividend […]

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

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

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 set to take place at Amrapali Banquet in Bhatbhateni, Kathmandu, commencing at 10 AM on the specified day. One of the key items on the agenda for the AGM is […]

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