Economics
Last Day for HRL and Asian Life Insurance Dividend Grab
Today marks the deadline to avail the 5.789% dividend offered by Himalayan Reinsurance Limited (HRL). The company has scheduled its 3rd Annual General Meeting (AGM) for 20th Falgun, 2080, to be held at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, starting at 11:00 AM. In the 55th board meeting held on Magh 25, it was decided […]
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Central Finance: No Dividends for FY 2079/80
Central Finance Limited (CFCL) has announced that it will not be giving out any dividends for the Fiscal Year 2079/80. This decision was reached during the 335th Board Meeting held on Falgun 04. However, it’s essential to understand that this decision is dependent on the approval of the financial statements by the regulatory authority, Nepal […]
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Shikhar Insurance: No Dividend for FY 2079/80
Shikhar Insurance Company Limited (SICL) has announced that it won’t be paying dividends for the Fiscal Year 2079/80. This decision came after the 322nd Board Meeting held on Falgun 04, 2080. However, the financial statements are pending approval from the Nepal Insurance Authority and will be discussed further in the upcoming Annual General Meeting. […]
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Eastern Sahara Appoints Global IME Capital for 30 Lakh IPO Shares
Eastern Sahara Company Limited has chosen Global IME Capital Limited as the issue manager for its upcoming IPO of 30,00,000 units at NPR 100 each. The agreement was signed on Falgun 1, 2080, at Global IME Capital Limited’s office in Naxal, Kathmandu. The company, established as a public company in 2079, is based in Birtamode […]
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NEPSE Index Drops 1.31% to 2,034.82; HRL Leads in Turnover
On the first trading day of the week, the Nepal Stock Exchange (NEPSE) saw a drop, with the index falling by 27.21 points or 1.31% compared to the previous day, closing at 2,034.82 points. This continues a trend from the previous Thursday when the index went down by 14.46 points. Starting today’s trading, the market […]
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NEPSE Introduces New Classification System for Listed Companies
NEPSE has introduced a new classification system for listed companies, dividing them into groups A, B, G, and Z. This system aims to offer investors and stakeholders a clearer understanding of companies based on their financial status, performance, and governance. In the A category, which includes 31 companies, NEPSE has identified firms with a minimum […]
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Closing Today: 10% NIMB Debenture 2090 Public Issue
Nepal Investment Mega Bank Limited (NIMB) is wrapping up the offering of 40,40,000 units of “10% NIMB Debenture 2090” to both the general public and institutions, starting from today, 4th Falgun, 2080. These debentures, with a maturity period of 10 years and a coupon rate of 10%, were available for application since the 1st […]
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Gold Surges by Rs. 600/Tola, Silver Up by Rs. 35
Today, the price of gold has risen by Rs. 600 per tola compared to yesterday’s trading price. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is now being traded at Rs. 1,17,100 per tola, marking a Rs. 600 increase from yesterday’s price of Rs. 1,16,500 per tola. Similarly, […]
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Promoter Shares of KBL, NMB, IGI & MSLB in Auction Today
The current promoter of Kumari Bank Limited (KBL) is offering 3,14,140 units of shares for auction to interested existing promoter shareholders, starting today. Bal Krishna Shrestha is selling these promoter shares, and those interested must submit their bids within 35 days from the publication date of this notice, which is the 4th of Falgun. […]
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Star Micro Insurance Calls AGM to Discuss IPO Issuance Agenda
Star Micro Insurance Company Limited has scheduled its inaugural Annual General Meeting (AGM) for the 27th of Falgun, 2080, at its Registered Office on Durbarmarga, Kathmandu, commencing at 11:00 AM. The AGM’s agenda encompasses the approval of the company’s annual report, endorsement of the auditor’s report for the fiscal year 2079/80, including Profit and Loss […]
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