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From Baisakh 04, Menchhiyam Hydropower will issue 934,915 unit IPO shares to the general public.
Menchhiyam Hydropower Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 4th of Baisakh, 2080, the company will issue 934,915 unit shares with a face value of Rs 100. The company expects to earn Rs 9.34 crore from this IPO. This issue’s early […]
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Issuance of Ghalemdi HydroEndorse Agendas Related Right Shares
Ghalemdi Hydro Limited (GHL) has scheduled its 9th Annual General Meeting (AGM) for the 16th of Baisakh, 2080. The meeting will begin at 10:30 a.m. that day at Sasa Banquet in Nayabazar, Kathamndu.
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Asian Life Insurance will support the 8.947% dividend.
Asian Life Insurance Company Limited (ALICL) has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara. Among the other items on the agenda, the AGM will approve an 8.947% dividend of Rs. 26.01 crores for fiscal year […]
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This week, NEPSE fell by 2.19%
This week’s NEPSE index closed at 1,866.79, a loss of 41.76 points (2.19%). Last week, the index closed at 1,908.55, down 0.34% from the previous week. This week, the index reached a high of 1,928.66 and a low of 1856.69, resulting in 71.97 points of volatility. In the previous week, the index experienced 71.44 […]
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Economic growth is expected to slow to 4.1% in 2023, with inflation remaining at 7.4%, according to the Asian Development Bank.
The Asian Development Bank (ADB) forecasts 4.1 percent economic growth in Nepal in 2023, with inflation at 7.4 percent. According to the April 2023 Asian Development Outlook (ADO), Nepal’s economic growth rate is expected to slow in 2023 compared to last year due to tight monetary policy, sluggish domestic demand, the unwinding of pandemic […]
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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 had been halted as a result of the Supreme Court’s directive. Seven months later, the broker license has been suspended, resulting in the freezing of approximately Rs. 12 Arba in […]
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What Rawa Energy Development Prospective Investors Should Know
Rawa Energy Development Ltd is a public limited company that was founded as a private limited company on August 16, 2009 and later converted to a public limited company on June 28, 2019. It is promoted by businesspeople with extensive experience in hydropower and other sectors for the establishment of Hydroelectric Projects (HEP) in […]
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Gold is down Rs 800 from its all-time high, trading at Rs 110,200 per tola; silver is down Rs 5.
Today’s gold price has dropped by Rs. 800 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 110,200 per tola. Yesterday, the rate remained unchanged at Rs. 111,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 109,650. In contrast, […]
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NEPSE fell by 0.44% today to close at 1,866.79; only three sectors closed in the green.
The NEPSE index closed at 1,866.79 today, down 8.28 points from the previous trading day’s close. This is a 0.44% decrease. Yesterday, the index rose 8.39 points. The index opened today at 1,875.88 and reached an intraday high of 1,888.82. In contrast, it dropped as low as 1,864.51 before closing at 1,866.79. Through 23,388 transactions, […]
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Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%.
Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%. According to regulatory guidelines, the 93rd meeting of the board of directors of Chhyangdi Hydropower Company Ltd (CHL) convened on Tuesday Chaitra 21, 2079 agreed to issue 100% right shares on a paid-up capital of Rs. 38.67 Crores. Earlier, the business […]
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