Economics
Nepal Investment Mega Bank: No Dividends for FY 2079/80
In a strategic move prioritizing financial stability, Nepal Investment Mega Bank Limited (NIMB) has declared a noteworthy decision in its 598th Board Meeting held on Magh 19, 2080. The bank has chosen not to distribute dividends for the Fiscal Year 2079/80. This prudent decision reflects NIMB’s commitment to fortifying its financial reserves and aligning with […]
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Citizens Bank Partners with Vinayak Hospital: Up to 10% Discount for Cardholders & Mobile Banking Users
Introducing an exclusive partnership between Citizens Bank International Limited (CZBIL) and Vinayak Hospital & Maternity Home Pvt. Ltd., Tokha, Kathmandu! As of 19th Magh 2080, customers holding Citizens Bank International cards or utilizing mobile banking services are in for a treat. With the newly signed Memorandum of Understanding (MoU), Vinayak Hospital extends a generous discount […]
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JALPA Declares No Dividends for FY 2079/80, Pending Regulatory Approval
Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) has officially declared that it will not be distributing dividends for the Fiscal Year 2079/80. The decision was made during the Board Meeting of JALPA on Magh 16, 2080, where it was decided that the company would abstain from distributing any dividends for the mentioned fiscal year. Importantly, […]
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Sarbottam Cement Successfully Allots IPO Shares to Overseas Nepali Workers; ICRA Nepal Reaffirms Ratings
Sarbottam Cement Limited has successfully allocated IPO shares to Nepali citizens employed abroad, concluding the allotment process on the morning of 17th Magh, 2080, at the premises of the issue manager, Global IME Capital, located in Kathmandu. The cement company had floated 267,000 units of IPO shares through the book-building process, offering them at a […]
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ULBSL Informs Conclusion of Promoter Share Lock-in Period as per SEBON Guidelines
Upakar Laghubitta Bittiya Sanstha Limited (ULBSL) has issued a notice regarding the conclusion of the lock-in period for its promoter shareholders. The lock-in period, which began on Baishakh 19, 2079, and ended on Magh 16, 2080, has been formally communicated to investors and stakeholders in accordance with the recent guidelines from the Securities Board of […]
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NEPSE Index Witnesses a 1.02% Decline
The Nepal Stock Exchange (NEPSE) Index experienced a decline of 21.67 points, equivalent to 1.02% from the previous day’s closing, settling at 2,097.93 points. In contrast, the index had recorded a gain of 14.88 points in the preceding trading session. The market commenced today with an opening index of 2,119.17, witnessing fluctuations throughout the day, […]
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Last Chance: NIBL Stable Fund Mutual Fund Public Issue Closing Today
NIMB Ace Capital Limited is concluding the public issuance of its mutual fund scheme, “NIBL Stable Fund,” today, on Magh 16, 2080. The originally scheduled closing date on the 5th Magh was extended due to an insufficient number of applications received by the issue manager. The mutual fund scheme, out of a total of […]
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Gold Jumps Rs. 300/Tola, Silver Gains 15 Rupees in Price Surge
The price of gold has experienced a notable surge, increasing by Rs. 300 per tola compared to Monday’s trading price, as reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Fine gold is currently being traded at Rs. 1,18,600 per tola, marking a Rs. 300 increment from the previous trading price of […]
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Swarojgar Laghubitta Proposes 7.3684% Dividend, Rs. 4.62 Crores for FY 2079/80 with 7% Bonus Shares and Rs. 23.10 Lakhs Cash
Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) is set to reward its stakeholders with a proposed dividend of 7.3684%, amounting to Rs. 4.62 crores for the fiscal year 2079/80. The decision was made during the 263rd board meeting on Magh 15, where the directors recommended a distribution on the paid-up capital of Rs. 62.72 Crores. The […]
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Rangoon Khola Hydropower Announces AGM on Falgun 9, IPO Issuance Key Agenda
Rangoon Khola Hydropower Limited is set to convene its inaugural Annual General Meeting (AGM) on the 9th of Falgun, 2080. The meeting, scheduled to commence at 11:00 AM at the Company’s Register Office in Sukedhara, Kathmandu, holds significant importance as it addresses crucial agenda items. Among them, the AGM will focus on the endorsement of […]
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