Tag: Dividend

  • 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.

  • Himalayan Everest Insurance Holds AGM on Chaitra 29th to Approve 2.89% Dividend

    Himalayan Everest Insurance Holds AGM on Chaitra 29th to Approve 2.89% Dividend


    Himalayan Everest Insurance Limited (HEI) has scheduled its 29th annual general meeting for Chaitra 29, 2079. The meeting will begin at 11 a.m. that day at the Baneshwor Banquet in Thapagaun.

    Among the other items on the agenda, the AGM will approve a 2.89% dividend for fiscal year 2078/79. The 297th meeting of the board of directors, held on Poush 26, decided to distribute a dividend of Rs. 2.23 Arba on the paid-up capital. A cash dividend of 0.14% and 2.75% bonus shares have been proposed. Thus, the bonus shares are valued at Rs. 6.15 crores, while the cash dividend is valued at Rs. 32.42 lakhs.

     

  • Last Day to Claim Chhimek Laghubitta’s Proposed 25.26% Dividend

    Last Day to Claim Chhimek Laghubitta’s Proposed 25.26% Dividend


    Today is the last day to claim Chhimek Laghubitta Bittiya Sanstha Limited’s proposed dividend of 25.26%. (CBBL).

    On Chaitra 10, 2079, the company called its 21st AGM. The meeting will begin at 11 a.m. that day in Hetauda, Makawanpur.

    Among the other items on the agenda, the AGM will approve a 25.26% dividend for fiscal year 2078/79. The 282nd meeting of the board of directors, held on Poush 27, decided to distribute a dividend of Rs. 2.32 Arba on the paid-up capital. There have been proposed 22% bonus shares worth Rs 51.13 crores and 3.26% cash dividend (including tax) worth Rs 7.57 crores.

     

  • NEPSE now lists bonus shares of ICFC, AKBSL, and FMDBL.

    NEPSE now lists bonus shares of ICFC, AKBSL, and FMDBL.


    NEPSE has listed 5,63,558 unit bonus shares of ICFC Finance Ltd (ICFC).

    On Poush 29, 2079, the firm had its 19th AGM for the fiscal year 2078/79. The board of directors approved a 10% dividend for fiscal year 2078/79. On Mangsir 14, the board of directors resolved to issue the dividend on the paid-up capital of Rs. 1.12 Arba. There was a proposal for 5% bonus shares worth Rs. 5.63 crores and a 5% cash dividend (tax purposes) of Rs. 5.63 crores. NEPSE now lists the same bonus shares.

    Last week, ICFC closed at Rs. 431.

    Similarly, Aadhikhola Laghubitta Bittiya Sanstha Limited (AKBSL) has 3,57,000 unit bonus shares listed on NEPSE.

  • Jeevan Bikas Laghubitta Modifies the Dividend Rate for Fiscal Year 2078/79

    Jeevan Bikas Laghubitta Modifies the Dividend Rate for Fiscal Year 2078/79


    Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has reduced the dividend rate for fiscal year 2078/79 from 37.3684% to 33.15%.

    The 72nd meeting of the board of directors, held on Falgun 06, resolved to give a dividend of Rs. 1.03 Arba on the paid-up capital. A cash dividend of 9.3684% and 28% bonus shares had been recommended.

    The dividend was to be paid only after clearance from Nepal Rastra Bank and approval from the company’s future AGM. The dividend has been changed in accordance with Nepal Rastra Bank’s directives. As a result, a new dividend rate of 26% Bonus dividend and 7.15% cash dividend has been recommended.

    Consequently, the bonus shares are valued at Rs. 26.89 crores, while the cash dividend is valued at Rs. 7.39 crores.

  • Prabhu Smart Fund Offers 255% Dividend Yield in 10 Years

    Prabhu Smart Fund Offers 255% Dividend Yield in 10 Years


    The second plan of the Prabhu Capital Collective Investment Fund is now available for issue and sale as of 18 Falgun 2079. This fund issued 8 crore units worth Rs 80 crore at a fixed price of Rs 10 per unit.

    Prabhu Bank Ltd is the fund promoter of this plan, while Prabhu Capital Limited is the scheme manager. This is a closed-ended plan. This scheme will invest 35 to 90 percent of the proceeds from unit sales in shares, making it an equity-oriented scheme.

    Prabhu Bank Limited has obtained 1.12 crore units out of a total of 8 crore units available, while Prabhu Capital Limited has secured 8 lakh units.

  • National Microfinance (NMFBS) Modifies Bonus Dividend for Fiscal Year 2078/79

    National Microfinance (NMFBS) Modifies Bonus Dividend for Fiscal Year 2078/79


     

    The bonus dividend of National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) has been reduced from 38.5% to 34.45%.

    NMFBS proposed a Bonus Dividend of 38.5% for fiscal year 2078/79. The 141st board of directors meeting, held on Magh 9, proposed a 38.5% bonus from paid-up capital for fiscal year 2078/79. The company’s paid-up capital is Rs. 58.66 crores. As a result, the company proposed bonus shares worth Rs. 22.58 crores.

     

  • Reminder! Last Day to Claim Deprosc Laghubitta’s Dividend and Support Laghubitta

    Reminder! Last Day to Claim Deprosc Laghubitta’s Dividend and Support Laghubitta


    The deadline for claiming dividends proposed by Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) and Support Laghubitta Bittiya Sanstha Limited (SLBS) is today (SMB).

    The 21st Annual General Meeting (AGM) of Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has been scheduled for Falgun 30, 2079. The meeting will take place at the Hotel Seven Stars in Sauraha, Chitwan.

  • Swarojgar Laghubitta Announces Book Closure Date for its Dividend of 23.157%

    Swarojgar Laghubitta Announces Book Closure Date for its Dividend of 23.157%


    Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) has announced the book closure date for its 23.1579% dividend worth Rs. 11.90 crores for fiscal year 2078/79 and has scheduled the 14th Annual General Meeting for Chaitra 11, 2079. The meeting will begin at 11:30 a.m. that day in Nepal Pragya Pratisthan, Kamaladi, Kathmandu.

    Among the other items on the agenda, the AGM will approve a 23.1579% dividend of Rs. 11.90 crores for fiscal year 2078/79. On Poush 27, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 51.40 crores. There is a proposal for 22% bonus shares worth Rs 11.31 crores and a 1.1579% cash dividend (including tax) worth Rs 59.52 lakhs.

     

  • NEPSE now lists bonus shares of SHL, MERO, NICL, and PIC.

    NEPSE now lists bonus shares of SHL, MERO, NICL, and PIC.


    Soaltee Hotel Limited (SHL) has 42,13,533 unit bonus shares listed on NEPSE.

    On Poush 28, 2079, the company held its 48th AGM for the fiscal year 2078/79. The board of directors approved a dividend of 26.31578947% for fiscal year 2078/79. The board of directors decided to distribute 5% bonus shares worth Rs. 4,21,28,986 and a 21.31578947% cash dividend worth Rs. 179,602,521 from its paid-up capital of Rs. 84.25 Crores on Ashwin 31. NEPSE now lists the same bonus shares.

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  • Last Day to Claim Laxmi Laghubitta’s Proposed 20% Dividend (LLBS)

    Last Day to Claim Laxmi Laghubitta’s Proposed 20% Dividend (LLBS)


    Today is the last day to claim Laxmi Laghubitta Bittiya Sanstha Limited’s proposed 20% dividend (LLBS).

    The company has scheduled its 11th Annual General Meeting for February 29, 2079. The meeting will begin at 11 a.m. that day in Agrawal Bhavan, Kamalpokhari, Kathmandu.