Development

Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE 1
NEPSE NEWS

Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE

Shine Resunga Development Bank Ltd (SHINE) has launched 50,28,741.99 unit bonus shares on NEPSE. On the 25th Poush, the firm held its 14th AGM and approved a 14% dividend for fiscal year 2078/79. On the 7th of Mangsir 2079, the 266th meeting of the board of directors suggested a 14% dividend from the paid-up capital. […]

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Bindhyabasini Hydropower Development Company's 5% bonus shares are now listed on the NEPSE. 3
NEPSE NEWS

Bindhyabasini Hydropower Development Company’s 5% bonus shares are now listed on the NEPSE.

Bindhyabasini Hydropower Development Company Ltd (BHDC) has launched 5,00,000 units of bonus shares on NEPSE. On 22nd Poush, the business had its 6th AGM and approved a 5.02632% dividend for fiscal year 2078/79. The board of directors resolved to issue the dividend on the paid-up capital of Rs. 1 Arba at its meeting on Mangsir […]

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Commercial banks profited Rs. 36 Arba until the end of the fiscal year in Magh. 5
Business | Market | Economy

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 22 commercial banks, with a net profit of Rs. 4 Arba and 13 crores. Similarly, NIC Asia Bank had a net profit of Rs. 3 Arba and 67 crores. Global […]

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SEBON finally approves Rawa Energy Development's IPO proposal. 7
IPO | FPO

SEBON finally approves Rawa Energy Development’s IPO proposal.

  The Securities Exchange Board of Nepal (SEBON) has approved Rawa Energy Development Limited’s proposed initial public offering (IPO) on Falgun 25. The company will now issue 840,000 equity shares at NPR 100 per share. The issue is worth Rs. 8.4 crore. This is equivalent to 30% of the company’s issued capital. The company’s total […]

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The government's spending exceeds its revenue by Rs 1.56 Kharba. 9
Business | Market | Economy

The government’s spending exceeds its revenue by Rs 1.56 Kharba.

  For the first eight months of the current fiscal year 2079/80, the government’s budget deficit exceeded Rs. 1.56 Kharba. By the end of Falgun, the government had spent 7.79 Kharba of its budget, but had only collected 6.22 Kharba in total revenue. Meanwhile, only 22.15% of capital expenditure (CAPEX) is used until the end […]

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4,357,185 Hydroelectricity Investment Unit Right Shares 11
NEPSE NEWS

4,357,185 Hydroelectricity Investment Unit Right Shares

  Hydroelectricity Investment & Development Company Limited (HIDCL) has listed 43,57,185 units right shares on NEPSE. From the 22nd Magh to the 8th Falgun, 2079, HIDCL auctioned off 2,21,97,325 units of promoter share. Individuals, institutions, and businesses could all bid in the auction. However, only 141 bidders submitted bids for 43,57,185 unit shares. The cut-off […]

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IPO of Bhugol Energy Development Company Opens From Today For Project-Affected Locals and Nepalese Employed Abroad 13
IPO | FPO

IPO of Bhugol Energy Development Company Opens From Today For Project-Affected Locals and Nepalese Employed Abroad

  Bhugol Energy Development Company Limited was formed as a private limited company on February 16, 2009, and was later converted to a public limited company on October 31, 2017, to allow for public participation. The company operates the 3.75-MW Dwari Khola Small Hydropower Project in Nepal’s Dailekh District, Karnali Province. The project began commercial […]

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NEPSE has two government bonds listed. 15
NEPSE NEWS

NEPSE has two government bonds listed.

Issuing a new notice today, NEPSE has notified of three new government bonds being listed today. The government bonds were issued via Nepal Rastra Bank. The securities listed are: 9.50% Development Bond 2084 ‘Jha’ 8.98% Development Bond 2084 ‘Nya’  

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Bhugol Energy Development Company to Issue IPO Shares 17
IPO | FPO

Bhugol Energy Development Company to Issue IPO Shares

  Bhugol Energy Development Company Limited has issued an offer letter to the project-affected residents of Dailekh District and Nepalese citizens working abroad in order to launch an Initial Public Offering (IPO). The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 8th to the 25th of Falgun, […]

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Shangrila Development Bank Announces 8.983% Dividend Worth Rs 27.04 Crores for FY 2078/79 19
Dividend

Shangrila Development Bank Announces 8.983% Dividend Worth Rs 27.04 Crores for FY 2078/79

Shangrila Development Bank Limited (SADBL) has proposed a dividend of 8.983% amounting to Rs. 27.04 crores for fiscal year 2078/79. The board of directors decided on Magh 26 to distribute the dividend on the paid-up capital of Rs. 3.01 Arba. There has been proposed an 8.534% bonus share and a 0.449% cash dividend (for tax […]

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