On the 10th of Chaitra 2078, the Nepal Insurance Authority directed that life insurance businesses have a minimum paid-up capital of Rs. 5 Arba. The…
Tag: Companies
SEBON Extends the Deadline for Companies Interested in Stock Exchange Operations
The Securities Board of Nepal (SEBON) has issued a notice to eligible institutions requiring them to apply for a Commodities Exchange Market Operation license and…
The Insurance Authority Issues Licenses to Two More Micro-Insurance Companies
The Nepal Insurance Authority has licensed two more microinsurance businesses. At its meeting on Tuesday, the authority’s board of directors voted to provide licenses…
The Insurance Authority has issued a list of new arrangements and instructions to microinsurance companies.
The Insurance Authority has recently prioritized working with micro-insurance companies. The authority recently granted licenses to seven new microinsurance companies. Previously, the Nepal Insurance…
The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital.
One company applied for a stock dealer license in the previous seven months, while 45 companies applied for stock broker licenses. Nonetheless, all procedures…
Nerude and Mirmire Laghubitta Sign Merger Agreement
According to the Nepal Stock Exchange, the final merger agreement between Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB)…
Till the eighth month of FY 79/80, life insurance companies collected an impressive premium of Rs. 93.75 Arba.
Insurance companies are competing with one another to collect more premiums. Out of its 1.4 crore total active insurance policies, life insurance companies collected a…
List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO
An initial public offering is the process by which a privately held company becomes a publicly traded company by selling its stock to the general…
The final merger agreement between IME General and Prudential Insurance is signed at a swap ratio of 1:1.
IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) sign a merger agreement, and the two companies will be combined using a…
Commercial banks profited Rs. 36 Arba until the end of the fiscal year in Magh.
Statistics reveals that commercial banks combined have achieved a total net profit of Rs. 36 Arba and 89 crores. Nabil Bank is the most profitable of the…
Prime Life Insurance and Butwal Power Company Bonus Shares Are Finally Listed on the NEPSE
Prime Life Insurance Company Limited (PLIC) has listed 36,13,500.25 Units Bonus Shares on NEPSE. For the fiscal year 2077/78, the board of directors proposed…
10.526% Dividend Distribution of NADEP Laghubitta Has Been Canceled
From the 176th meeting of the board of directors of NADEP Laghubitta Bittiya Sanstha Limited (NADEP) held on Magh 10, the company had proposed 10%…