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Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81 1
Business | Market | Economy

Himalayan Distillery Limited Reports 51.24% Drop in Q1 Net Profit, Reveals Financial Performance for FY 2080/81

In the recently released financial report for the first quarter of fiscal year 2080/81, Himalayan Distillery Limited (HDL) revealed a substantial 51.24% decline in net profit, dropping to Rs 10.51 crore from Rs 21.5 crore in the corresponding quarter of FY 2079/80. The company faced a notable downturn in revenue, experiencing a 29.70% decrease to […]

1.12 Crore Promoter Shares of Machhapuchchhre Bank Up for Auction Today 5
Business | Market | Economy

1.12 Crore Promoter Shares of Machhapuchchhre Bank Up for Auction Today

  The current promoters of Machhapuchchhre Bank Limited (MBL) are conducting an auction for 1,12,32,492 units of their shares, exclusively available to other promoter shareholders. The bidding window will remain open for 35 days from the notice publication date, which is the 25th of Ashwin, 2080. Interested shareholders can place their bids at Machhapuchchhre Capital

Successful Merger of United Insurance Company (Nepal) Limited and Ajod Insurance Limited: Listing of United Ajod Insurance Limited on NEPSE 19
NEPSE NEWS

Successful Merger of United Insurance Company (Nepal) Limited and Ajod Insurance Limited: Listing of United Ajod Insurance Limited on NEPSE

United Ajod Insurance Limited, following the successful merger between United Insurance Company (Nepal) Limited and Ajod Insurance Limited, has listed a total of 1,90,45,680 shares on the Nepal Stock Exchange (NEPSE). The merger agreement was signed by UIC and AIL on Poush 27, 2079. The companies agreed on a swap ratio of 82.50:100, meaning that

"Singati Hydro Energy Taps Kumari Capital as Issue Manager for 100% Right Share Offering; 1.45 Crore Unit Shares to be Floated" 21
Dividend

“Singati Hydro Energy Taps Kumari Capital as Issue Manager for 100% Right Share Offering; 1.45 Crore Unit Shares to be Floated”

  Singati Hydro Energy has chosen Kumari Capital as the issue manager to handle the issuance of right shares to its existing shareholders. According to the company’s announcement, they plan to float their shares in a 1:1 ratio, totaling 1.45 crore unit shares. The memorandum of understanding (MoU) was signed between Singati Hydro Energy’s Managing

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