decision

"Ankhukhola Hydropower Plans to Issue 200% Right Shares Pending Approval from Electricity Regulatory Commission" 1
Dividend

“Ankhukhola Hydropower Plans to Issue 200% Right Shares Pending Approval from Electricity Regulatory Commission”

Ankhukhola Hydropower Company Limited (AKJCL) has proposed to issue 200% rights shares to its shareholders. The company aims to invest 60% of the newly raised capital in the Ganesh Himal Hydropower’s 20 M.W- Ankhu Khola-2 Hydropower project. This decision was made during a board of directors meeting held on Baishakh 15, 2079. After the issuance […]

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SSHL Plans to Issue 100% Right Shares to Shareholders 3
Dividend

SSHL Plans to Issue 100% Right Shares to Shareholders

Shiva Shree Hydropower Limited (SSHL) has made an important decision to issue 100% right shares to its shareholders in a 1:1 ratio, according to a recent board of directors’ meeting held on 14th Baisakh, 2080. This move will increase the company’s current paid-up capital from Rs. 1.47 Arba to Rs. 2.95 Arba. The primary objective […]

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The deadline for life and non-life insurance companies to raise capital to Rs 5 billion has passed. 5
Business | Market | Economy

The deadline for life and non-life insurance companies to raise capital to Rs 5 billion has passed.

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 Insurance Board also encouraged non-life insurance companies to increase their paid-up capital to Rs. 2.5 Arba by the end of Chaitra 2079.    

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List of Bank Holidays in Nepal 2080 9
Business | Market | Economy

List of Bank Holidays in Nepal 2080

The central bank of Nepal, Nepal Rastra Bank, has recently unveiled the annual bank holiday schedule for the period of 2080 BS, which spans from April 14, 2023 to April 12, 2024. This comes in response to the government’s decision to permit essential service-providing institutions, such as banks, to operate on specific public holidays as […]

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For the month of Baishakh, the NBA has decided to reduce interest rates to single digits. 11
Business | Market | Economy

For the month of Baishakh, the NBA has decided to reduce interest rates to single digits.

  According to the Nepal Bankers Association (NBA), the interest rate on fixed deposits would be reduced beginning in the approaching month of Baishakh, 2080. The majority of banks indicated support for decreasing the interest rate at the Bankers’ Association meeting on Wednesday, and the decision was taken to also cut the term interest rate. […]

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Development banks have decided to lower the interest rate on fixed deposits  13
Business | Market | Economy

Development banks have decided to lower the interest rate on fixed deposits 

During its conference, the Development Bankers Association, an association of Development Bank CEOs, also resolved to drop the interest rate. The committee members have agreed to reduce the deposit interest rate by 1%. According to development banks, the interest rate on personal term deposits will now be 10.6 percent rather than 11.6 percent. Similarly, the […]

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Chhyangdi Hydropower Company Limited has changed the right share rates from 150% to 100%. 15
Dividend

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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Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio. 17
Business | Market | Economy

Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio.

The Balephi Hydropower Limited (BHL) board of directors decided to submit a proposal for approval at the following annual general meeting of the company for the issuance of rights shares in the ratio of 1 equal to 0.5 from the current paid-up capital of Rs. 1.827 Arba. This decision was made at the board’s meeting […]

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7 Stock Market Investing Tips 19
Stock Exchange

7 Stock Market Investing Tips

Have you decided to invest in the stock market? Consider these 7 stock market investing tips when making your investments. 1. Have a solid comprehension of basic economic principals. Before you get started, you should understand basic principals and laws of economics. The stock market closely follows the law of supply and demand. For example, when […]

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