Tag: Due

  • NIMBSF SIP installment due not found.

    NIMBSF SIP installment due not found.


    Mero NIMBSF SIP installment miss bhako 2 months bhaisakyo but the NIMB capital portal for SIP Payment says no installment due.
    NIMB Capital lai call garda phone uthairako chaina
    Anyone else also had this issue? Am I missing something ?

    https://preview.redd.it/ajg8at24mesc1.jpg?width=1794&format=pjpg&auto=webp&s=d97df14a29fdfac113ee5ae3e18100248663b560


    View on r/NepalStock by Sufficient_Depth7991


  • Nepal Investment Mega Bank Q2 Report: 13.62% Net Profit Decline Amid Strong Financial Position

    Nepal Investment Mega Bank Q2 Report: 13.62% Net Profit Decline Amid Strong Financial Position


    Nepal Investment Mega Bank Limited (NIMB) has recently disclosed its financial performance for the second quarter of fiscal year 2080/81, indicating a 13.62% decrease in net profit, which now stands at Rs 1.08 Arba.

    Despite the decline in net profit, the bank remains in a strong financial position with a total paid-up capital of Rs. 34.12 Arba and reserves amounting to Rs. 26.07 Arba. It is important to note the negative retained earnings at Rs 1.95 Arba.

    During the same period, the bank’s total deposits reached an impressive Rs 3.89 Kharba, while loans and advances to customers totaled Rs 3.12 Kharba. An encouraging aspect was the substantial 80.20% increase in Net Interest Income, reaching Rs. 7.54 Arba. However, the financial report also highlighted significant expenditures, including personnel expenses of Rs. 1.73 Arba and impairment charges of Rs. 2.86 Arba.

    In terms of key financial metrics for the second quarter, NIMB reported an annualized Earnings Per Share (EPS) of Rs 10.56, and the net worth per share stood at Rs 170.68. Nonetheless, concerns arose as the Non-Performing Loans (NPL) spiked to 4.75%. Additionally, the bank revealed a negative distributable profit of Rs. 1.95 Arba.

  • Nepal’s Internal Revenue Collection Costs Rise to 3.38 Paisa per 1000 Rupees in FY 2079/80

    Nepal’s Internal Revenue Collection Costs Rise to 3.38 Paisa per 1000 Rupees in FY 2079/80


    In the fiscal year 2079/80, the Nepalese government conducted a cost analysis, revealing that it incurred a cost of 3.38 paisa to collect 1000 rupees of internal revenue. This analysis was conducted by the Internal Revenue Department (IRD), which reported a total revenue of Rs 4.79 kharba for the year. The departments and subordinate offices associated with revenue collection spent Rs 1.41 arba on current and capital expenditures. Consequently, the cost of tax collection per thousand rupees for the fiscal year amounted to Rs 3.38. This figure marked an increase from the previous year’s 2.23 paisa. The rise is attributed to the department falling short of its revenue target in the preceding year, achieving only 76.58% of the set goal of Rs 6.26 Kharba.

    The overall growth rate of revenue collection for the year was negative by over 10%, primarily influenced by reduced imports and economic relaxation. This decrease in revenue collection exerted pressure on the government’s resource management. Although the target for the fiscal year was set at Rs 14.3 kharba, only Rs 10.10 kharba was collected, representing 72% of the total target.

    The Internal Revenue Department underscores that recent technological advancements in the tax system have contributed to a decrease in the cost per thousand. Additionally, the department asserts that administrative improvements, adherence to expenditure frugality standards, and increased taxpayer participation have all played pivotal roles in reducing costs.

  • i forgot my share is frozen due to minor sub status

    i forgot my share is frozen due to minor sub status


    maile hijo share bechey but i forgot that mero demat ajhai pani minor status ma thiyo. aaja bank gayera demat individual ma change garna form bharey tara ajhai kei update vako xaina. aba k garda thik hola? naasa ko website ma dis cheque pani vetina. chado help garidinu hola.


    View on r/NepalStock by Sujaaaaaal


  • Disqualified due to duplicate application

    Disqualified due to duplicate application


    Status: Disqualified
    Remarks: Disqualified due to duplicate application

    Yo vaneko arko le pani IPO bhardai cha ho ?


    View on r/NepalStock by forbiddenvoices7


  • Chhimek Laghubitta Bittiya Sanstha Urges Shareholders to Claim Outstanding Dividends

    Chhimek Laghubitta Bittiya Sanstha Urges Shareholders to Claim Outstanding Dividends


    Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) has recently issued a notice directed at its shareholders who have not yet received their rightful dividend payments. It has come to the company’s attention that even after a span of five years since the initial dividend distribution, some shareholders have not collected the dividends owed to them. To address this matter, CBBL is urging these investors to take action.

    To claim their outstanding dividends, shareholders who have not yet done so are required to present their share certificates and provide proof of their identity to the company’s share department. Additionally, they should submit copies of any necessary supporting documents. This procedure is essential for the shareholders to access their overdue dividend payments.

    Failing to comply with this request and neglecting to claim the dividends within the stipulated timeframe may result in legal consequences. In accordance with section 183 of the Companies Act, 2063, any uncollected dividends will be placed into the “Investor Protection Fund.” Therefore, it is in the best interest of the shareholders to promptly follow the outlined process and ensure they receive the dividends rightfully owed to them.

  • “Urgent Notice: Nepal SBI Bank and Mahalaxmi Bikas Bank Call on Shareholders to Claim Pending Dividends”

    “Urgent Notice: Nepal SBI Bank and Mahalaxmi Bikas Bank Call on Shareholders to Claim Pending Dividends”


     

    Nepal SBI Bank Limited (SBI) and Mahalaxmi Bikas Bank Limited (MLBL), along with their former entities (Century Commercial Bank Limited, Arniko Development Bank Limited, Innovative Development Bank Limited, Alpin Finance Limited, Sagarmatha Finance, and Seti Finance Limited), have issued a notice to their respective shareholders regarding the retrieval of outstanding dividends that were approved in various general meetings.

    Despite a lapse of 5 years since the dividends were distributed, certain shareholders have yet to collect their entitled dividends from the banks. Shareholders who haven’t availed their dividends are required to submit their share certificates and valid identification to the share department of the respective company. This submission, accompanied by necessary document copies, is necessary to claim their outstanding dividends.

  • “Shareholders Urged to Claim Due Dividend by Nepal SBI Bank and Prabhu Bank”

    “Shareholders Urged to Claim Due Dividend by Nepal SBI Bank and Prabhu Bank”


     

    Nepal SBI Bank Limited (SBI) and Prabhu Bank Limited (MLBL), along with several former banks (Century Commercial Bank Limited, Arniko Development Bank Limited, Innovative Development Bank Limited, Alpine Finance Limited, Sagarmatha Finance, and Seti Finance Limited), have issued notices to their respective shareholders. The notices are aimed at facilitating the collection of outstanding dividends that were approved in various general meetings.

    Despite the passage of five years since the dividends were distributed, some shareholders have not yet claimed their entitled dividends from the banks. Shareholders who fall into this category are advised to visit the companies’ share departments. To claim their due dividends, they will need to provide their share certificate, proof of identity, and copies of necessary documents. This process ensures that all eligible shareholders can access the dividends they are owed.

     

  • “HBL and NIMB Call on Shareholders to Collect Pending Dividends”

    “HBL and NIMB Call on Shareholders to Collect Pending Dividends”


     

    Shareholders who have not yet collected dividends approved during the company’s annual general meetings (AGMs) are required to submit their share certificates and identification proof to Himalayan Capital Limited, located in Thamel, Kathmandu. This is necessary along with copies of relevant documents to claim the pending dividends. If this step is not taken, in accordance with section 183 of the Companies Act, 2063, the unpaid dividends will be placed into the “Investor Protection Fund”.

     

  • “Shareholders Urged to Claim Due Dividend by Mahalaxmi Bikas Bank and Everest Bank”

    “Shareholders Urged to Claim Due Dividend by Mahalaxmi Bikas Bank and Everest Bank”


     

    Mahalaxmi Bikas Bank Limited (MLBL) has announced a notice for shareholders of former entities (Malika Bikas Bank Limited, Mahalaxmi Finance Limited, Yeti Finance Limited, Siddhartha Finance Limited, and Valley Finance Limited) regarding uncollected dividends from past general meetings. If you haven’t received your dividend yet, you need to get in touch with the bank’s share registrar, Siddhartha Capital Limited, situated at Narayanchaur, Kathmandu. Alternatively, you can contact the bank’s share department for further details on claiming your outstanding dividends.

     

  • “Himalayan Laghubitta’s Q4 Sees Shrunken Operating Profit and Net Profit Due to Core Business Revenue Decline.”

    “Himalayan Laghubitta’s Q4 Sees Shrunken Operating Profit and Net Profit Due to Core Business Revenue Decline.”


    In the last quarter of fiscal year 2079-80, the company witnessed a significant decline in both Net Operating Profit (core revenue) and Operating Profit, dropping by 24.52 percent and 79.04 percent, respectively. The core revenue shrank by nearly a quarter, reaching Rs. 20.23 crores. Additionally, the company faced Rs. 1.32 crore in impairment charges, impacting its overall profitability negatively.

  • Radhi Sana Hydropower Project’s 4.4 MW Capacity Put on Hold Due to Flood Damage

    Radhi Sana Hydropower Project’s 4.4 MW Capacity Put on Hold Due to Flood Damage


    The Radhi Sana Hydropower Project, with a capacity of 4.4 MW and owned by Radhi Bidyut Company Limited (RADHI), has come to a halt due to flooding. The recent flood and landslide on Ashad 22 caused significant damage to the project’s headworks and head race pipe, resulting in the suspension of energy production.

    Located in the Lamjung district of the Gandaki Province in Nepal, the Radhi Sana Hydropower Project operates as a run-of-the-river (R-o-R) type project. It was designed with a 40% probability of exceedance (Q40). Although the project was scheduled for commercial operation by April 13, 2013, it faced delays and was finally commissioned on June 14, 2014, approximately a year later than the required commercial operation date (RCOD).

    Unfortunately, the recent flood has caused significant damage to the project’s infrastructure, leading to a temporary halt in energy generation. The company is likely assessing the extent of the damage and will need to undertake necessary repairs before resuming operations.

    The interruption in the Radhi Sana Hydropower Project’s functioning is a setback for the company, as it impacts their ability to contribute to the local energy grid and meet the region’s power demands. Efforts will now be focused on restoring the damaged components and ensuring the project can resume its operations as soon as possible, providing clean and sustainable energy to the area once again.