Dividend
“Ankhukhola Hydropower Approves 150% Right Shares at 15th AGM”
During its 15th Annual General Meeting, Ankhukhola Hydropower approved a 150% increase in right shares for its current shareholders. The funds raised through these shares will be invested in the development of the 20 MW Ankhukhola Hydropower 2 project, which is currently being promoted by Ganesh Himal Hydropower Company. The company plans to allocate […]
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Synergy Power Development Company (SPDL) Announces Book Closure Date for 50% Rights Offering
Synergy Power Development Company (SPDL) has announced the book closure date for its 50% right shares, which is set for Shrawan 12, 2080. This means that shareholders who held shares before that date will be eligible for the rights offering. The hydropower company plans to issue 50% right shares valued at Rs. 40.32 Crores. This […]
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“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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Last Day for Eligibility: Api Power Company Limited’s Rights Offering Draws to a Close
Api Power Company Limited (API) has announced that today is the final day for shareholders to be eligible for its rights offering. The hydropower company plans to issue 40% right shares, amounting to Rs. 1.65 Arba, through the issuance of 1,65,33,137 units of right shares to its existing shareholders. This offering will increase the company’s […]
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Announcement: Nepal Infrastructures Investment Fund Limited Calls 1st Special General Meeting to Discuss Key Agendas and Shareholder Participation
Nepal Infrastructures Investment Fund Limited has announced its plans to hold the 1st Special General Meeting (SGM) on the 7th of Shrawan, 2080. The meeting will take place in Jhamsikhel, Lalitpur, and is scheduled to commence at 10 am on the aforementioned day. The SGM will address several important agendas that require the attention and […]
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NLG Insurance Company Granted 66% Right Shares Permission by Nepal Insurance Authority
NLG Insurance Company has received permission from the Nepal Insurance Authority (NIA) to issue 66% right shares. The company’s board meeting, held last Friday, approved the decision for capitalization. NLG Insurance will now seek approval from the Securities Board of Nepal (SEBON) for the rights issuance. Once SEBON grants permission, the company will distribute […]
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“Last Day to Claim Dividend: Citizen Investment Trust (CIT) Announces 26.3158% Dividend for Shareholders at 28th AGM”
Citizen Investment Trust (CIT) has announced that today is the final day for shareholders to claim the proposed dividend. The company has scheduled its 28th Annual General Meeting (AGM) for the 31st of Ashad, 2080. The meeting will take place at the company’s head office in New Baneshwor, Kathmandu, commencing at 3 pm. Among the […]
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“Ngadi Group Power Limited Proposes 100% Rights Shares for Shareholders to Address Funding Requirements”
Ngadi Group Power Limited (NGPL) has proposed to offer 100% rights shares to its existing shareholders. The proposal was made during a recent Board of Directors meeting. NGPL’s Siurikhola Small Hydropower Project, located in Lamjung District, Gandaki Province, with a capacity of 4.95 MW, has been performing well due to regular maintenance. However, additional funds […]
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TPC Proposes 100% Rights Share Issuance for Hydropower Project and Investments
Terhathum Power Company Limited (TPC) has suggested giving 100% rights shares to its existing shareholders. This decision was taken during a meeting of the Board of Directors on Ashad 12, 2080. The main aim behind issuing these rights shares is to support the progress of the Khorunga Tangmaya Khola hydropower project, which has a capacity […]
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Barun Hydropower Company Proposes 100% Right Shares; Approval Pending from ERC
Barun Hydropower Company Limited (BARUN) has decided in its recent Board of Directors meeting to issue 100% right shares, which means one additional share for every existing share. Currently, BARUN has 5,358,150 unit shares listed on the Nepal Stock Exchange (NEPSE) and a paid-up capital of Rs. 53.58 Crores. If the issuance of the […]
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