Tag: Directors

  • Reminder! Janautthan Samudayic Laghubitta’s Proposed Dividend Deadline

    Reminder! Janautthan Samudayic Laghubitta’s Proposed Dividend Deadline


    Today is the last day to receive a dividend of 15.7895% proposed by Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSLBB).

    The company has scheduled its 12th Annual General Meeting for Chaitra 26th, 2079. The meeting will begin at 11 a.m. that day at the Hotel New Era in Butwal.

    Among the other items on the agenda, the AGM will approve a 15.7895% dividend of Rs. 2.33 crores for fiscal year 2078/79. The board of directors decided on March 29 to distribute 15% bonus shares and 0.7895% cash dividend from the paid-up capital of Rs. 14.79 crores. As a result, the bonus shares are worth slightly more than Rs. 2.21 crore, a

     

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

    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. The bank has a paid-up capital of Rs. 3.78 Arba. There was a proposal for 13.3% bonus shares worth Rs. 50.28 crores and a 0.7% cash dividend (including tax) of Rs 2.64 crores.

    Today, SHINE finished at Rs. 335.90.

     

  • The final merger agreement between IME General and Prudential Insurance is signed at a swap ratio of 1:1.

    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 1: 1 swap ratio.

    IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) reached an agreement for the merger during a meeting of the Board of Directors on Sunday, Chaitra 5, 2079.

     

  • Vijaya Laghubitta Calls an AGM on Chaitra 28 to Approve the 21.052% Dividend and Merger Agendas

    Vijaya Laghubitta Calls an AGM on Chaitra 28 to Approve the 21.052% Dividend and Merger Agendas


    Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has scheduled its 10th Annual General Meeting for the 28th Chaitra, 2079. The meeting will begin at 11:30 a.m. in Bijaya Bikas Srot Kendra, Gaidakot, Nawalparasi.

    Among the other items on the agenda, the AGM will approve a 21.0526% dividend of Rs. 6.73 crores for fiscal year 2078/79. On March 10, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 32 crores. The proposal is for 20% bonus shares worth Rs. 6.40 crores and 1.0526% cash dividend (for tax purposes) worth slightly more than Rs. 33.68 lakhs. The meeting will consider converting a maximum of 10% of the promoter shares to public shares so that the company’s promoter shares do not expire.

     

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

    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 29. A 5% bonus share and a cash dividend of 0.02632% (for bonus share tax purposes) were proposed. NEPSE now lists the same bonus shares.

  • Gurans Laghubitta and Prime Commercial Bank Bonus Shares Are Finally Listed on the NEPSE

    Gurans Laghubitta and Prime Commercial Bank Bonus Shares Are Finally Listed on the NEPSE


     

    Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) has listed 39,000 Units Bonus Shares on NEPSE.

    The board of directors decided to distribute the dividend from the paid-up capital of Rs. 9.75 crores at its 117th meeting on Mangsir 27. The company proposed and distributed a 4% bonus share and a 0.210526% cash dividend. As a result, the bonus shares are worth Rs. 39 lakhs, and the cash dividend is slightly more than Rs. 2.05 lakhs. NEPSE has listed the same bonus dividend.

  • Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79.

    Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79.


     

    For the fiscal year 2078/79, Asian Life Insurance Company Limited (ALICL) has proposed a dividend of 8.947% worth Rs. 26.01 Crores.

    The board of directors decided today (Falgun 30) to distribute 8.50% bonus shares and a 0.447% cash dividend (for tax purposes). The value of the bonus shares is Rs. 24.71 crores, and the cash dividend is slightly more than Rs. 1.30 crores. ALICL’s current paid-up capital is Rs. 2.90 Arba.

     

  • Chilime Hydropower Company’s 7.5% bonus shares are now listed on the NEPSE.

    Chilime Hydropower Company’s 7.5% bonus shares are now listed on the NEPSE.


    Chilime Hydro Power Company Limited (CHCL) has launched 50,63,846.01 Units Bonus Shares on NEPSE.

    The board of directors suggested a 15% dividend for fiscal year 2078/79 during its 410th meeting on Mangsir 20. 7.5% bonus shares and 7.5% cash dividends of Rs. 50.63 crores each were proposed and delivered to shareholders. The current paid-up capital of the firm is Rs. 6.75 Arba. NEPSE now lists the same bonus shares.

    The company’s LTP is Rs. 475.30 as of this writing.

  • Nabil Bank’s 18.50% bonus shares are now listed on the NEPSE.

    Nabil Bank’s 18.50% bonus shares are now listed on the NEPSE.


     

    Nabil Bank Limited (NABIL) has 42,240,881 unit bonus shares listed on NEPSE.

    On 29th Poush, 2079, the bank held its 38th AGM for the fiscal year 2078/79. The board of directors approved a 30% dividend for fiscal year 2078/79. On Mangsir 25, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 22.83 Arba. There was a proposal for 18.50% bonus shares worth Rs 4.22 Arba and 11.5% cash dividend (including bonus shares for tax purposes) worth Rs 2.61 Arba. NEPSE now lists the same bonus shares.

     

  • Prime Life Insurance and Butwal Power Company Bonus Shares Are Finally Listed on the NEPSE

    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 bonus shares worth Rs. 36,13,500.25 and a cash dividend worth Rs. 1,90,18,422 from the paid-up capital of Rs. 2.77 Arba at its 162nd meeting. NEPSE now lists the same bonus shares.

    A final merger agreement has also been completed between three life insurance companies, Union Life Insurance Co Ltd (ULI), Gurans Life Insurance Co Ltd (GLICL), and Prime Life Insurance Co Ltd (PLIC). The merger agreement was signed by the companies in order to strengthen the company’s capital base at a swap ratio of 1:1:1.