Economics
Last Day to Secure Dividend from United Ajod Insurance and Right from Ridi Power
Today marks the final opportunity to secure the 10.8013% dividend offered by United Ajod Insurance Limited (UAIL). The company has scheduled its 30th Annual General Meeting (AGM) for the 6th of Falgun, 2080. The AGM will take place at Anmol Banquet in Shankhamul, Kathmandu, starting at 11:00 AM. In a board meeting held on Magh […]
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Asian Life Insurance Plans 42% Right Shares Post Bonus Adjustment for Capital Needs
Asian Life Insurance Company Limited (ALICL) has decided to issue 42% right shares after adjustments, as confirmed in their Board of Directors meeting on Friday, Magh 19. This adjustment takes into account the allocation of 7.75% bonus shares from the current paid-up capital of Rs. 3.15 Arba. With the inclusion of bonus shares, the […]
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Gold Falls by Rs. 600/Tola, Silver Drops Rs. 20/Tola in Nepal
The price of fine gold has dropped by Rs. 600 per tola, as reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Currently, fine gold is traded at Rs. 1,18,900 per tola, down from the Saturday closing price of Rs. 1,19,500 per tola. Similarly, Tejabi gold is available at Rs. 1,18,350 per […]
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Suryodaya Womi Laghubitta (SWMF) Proposes 14.07% Bonus Shares for FY 2079/80
Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) has suggested a 14.077% bonus share distribution for the fiscal year 2079/80. In their 216th board meeting on Magh 19, the directors decided to allocate the dividend on the paid-up capital of Rs. 91,07,82,508.50. The entire dividend amount is proposed to be given in the form of bonus […]
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Mandu Hydropower: Lock-in Period for 22,935 Mutual Fund Shares Ending on 23rd
Mandu Hydropower Limited (MANDU) has notified investors and stakeholders about the conclusion of the lock-in period for 22,935 unit shares held by Mutual Funds. This decision aligns with the Securities Board of Nepal’s (SEBON) directives, with the lock-in period set to expire on Falgun 23, 2080. Out of the total 13,636,370 units of shares listed […]
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NEPSE Index Drops 5.31 Points; Intraday Turnover Falls to Rs 3.21 Arba
The Nepal Stock Exchange (NEPSE) Index closed at 2,061.70 points, showing a decrease of 5.31 points or 0.25% from the previous day. The market had experienced a loss of 30.92 points in the preceding trading session. The day began with the index opening at 2,067.47 and fluctuated between an intraday low of 2,053.46 and […]
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Mandu Hydropower Q2 Earnings Surge by 11.78% Amidst Revenue Dip; Impressive 22.76% Reduction in Debt
Mandu Hydropower Limited (MANDU) demonstrates robust financial performance in the second quarter of Fiscal Year 2080/81, boasting an impressive 11.78% increase in earnings and achieving a net profit of 17.05 Crores. Notably, the company exhibits prudent financial management by reducing loans and borrowings by 22.76% to Rs. 2.12 Arba during this period. Despite a marginal […]
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Ganapati Laghubitta Bittiya Sanstha Empowers Farmers with Successful Goat Farming Training in Bardiya
Ganapati Laghubitta Bittiya Sanstha Limited’s Bardiya branch takes a significant stride in community development through a recently organized one-day training program focused on commercial goat farming. As part of their Development Training initiative, the program aimed to enrich the skills of enrolled members, witnessing the active participation of 31 customers. The inauguration, presided over by […]
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Kumari Bank Introduces ‘Kumari Sabal Yojana’: 8.5 Crore Units Mutual Fund Scheme for Public Subscription from 28th
Embarking on a new investment avenue, Kumari Capital Limited introduces the closed-end mutual fund scheme, “Kumari Sabal Yojana,” through its recently published offer letter. Opening on the 28th of Magh and closing on the 2nd of Falgun, 2080, this opportunity presents investors with a chance to subscribe to 8.5 crore units, collectively valued at […]
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Mahila Laghubitta: No Dividends for Shareholders in FY 2079/80
In a strategic move towards financial prudence, Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) has officially announced its decision not to distribute dividends for the Fiscal Year 2079/80. The outcome of the 69th Board Meeting, held on Magh 18, 2080, reflects MLBSL’s commitment to responsible financial management. This decision, however, awaits the crucial approvals from the […]
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