Economics

"Infinity Laghubitta Bittiya Sanstha Limited (ILBS) Initiates Auction of Promoter Shares" 1
Business | Market | Economy

“Infinity Laghubitta Bittiya Sanstha Limited (ILBS) Initiates Auction of Promoter Shares”

The current promoters of Infinity Laghubitta Bittiya Sanstha Limited (ILBS) have initiated an auction of 99,372 shares, making them available to both existing promoter shareholders and the general public or institutions. This auction commenced on the 26th of Ashwin, 2080. Interested parties, including individuals and promoter shareholders, have a 15-day window to place their bids. […]

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NEPSE Index Sees Substantial Weekly Loss with Notable Intraday Volatility 3
NEPSE NEWS

NEPSE Index Sees Substantial Weekly Loss with Notable Intraday Volatility

The NEPSE index concluded the week at a closing value of 1,874.60, marking a significant decline of 82.32 points, equivalent to 4.21%. In comparison, the index had finished at 1,956.92 the prior week, experiencing a loss of 2.36% from the week before. Throughout the current week, the NEPSE index displayed a range of fluctuations, reaching […]

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Citizens Capital Distributes 8% Cash Dividend to 'Citizens Mutual Fund-2' Unit Holders 5
Dividend

Citizens Capital Distributes 8% Cash Dividend to ‘Citizens Mutual Fund-2’ Unit Holders

Citizens Capital Limited has provided an 8% cash dividend to the unit holders of “Citizens Mutual Fund – 2 (CMF2)” directly to their bank accounts, along with encouraging them to convert their physical shares into electronic format. For the last fiscal year, 2079/2080, the fund declared an 8% return and closed its books on Bhadra […]

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Sunrise Capital Distributes Cash Dividend to 'Sunrise First Mutual Fund' Unit Holders 7
Dividend

Sunrise Capital Distributes Cash Dividend to ‘Sunrise First Mutual Fund’ Unit Holders

Sunrise Capital Limited is delivering a 16% cash dividend for “Sunrise First Mutual Fund” directly to the bank accounts of its unit holders. They have encouraged unit holders to convert their physical shares to electronic format. The fund had previously declared a 16% return for the fiscal year 2079/2080. Starting from the 26th of Ashwin, […]

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1.12 Crore Promoter Shares of Machhapuchchhre Bank Up for Auction Today 9
Business | Market | Economy

1.12 Crore Promoter Shares of Machhapuchchhre Bank Up for Auction Today

  The current promoters of Machhapuchchhre Bank Limited (MBL) are conducting an auction for 1,12,32,492 units of their shares, exclusively available to other promoter shareholders. The bidding window will remain open for 35 days from the notice publication date, which is the 25th of Ashwin, 2080. Interested shareholders can place their bids at Machhapuchchhre Capital […]

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NRB Employee Union Hosts Futsal Tournament for BFIs in Gandaki Province 11
Business | Market | Economy

NRB Employee Union Hosts Futsal Tournament for BFIs in Gandaki Province

The Nepal Rastra Bank Employee Union Gandaki chapter is hosting a futsal tournament for banks and financial institutions in the Gandaki province. This event, as mentioned in their media statement, will feature 32 male teams and 16 female teams. The tournament is scheduled to take place on Ashoj 26 and 27, 2080.  

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NEPSE Drops 20.16 Points on Last Trading Day of the Week, Laxmi Sunrise Promoter Shares Witness High Turnover 13
NEPSE NEWS

NEPSE Drops 20.16 Points on Last Trading Day of the Week, Laxmi Sunrise Promoter Shares Witness High Turnover

  In today’s trading, the Nepal Stock Exchange (NEPSE) Index concluded at 1,874.60 points, marking a significant loss of 20.16 points or 1.06% compared to the previous day’s close, which had seen a gain of 5.16 points. The trading day began with the index opening at 1,895.28, reaching its lowest point at 1,870.19, and peaking […]

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Nearly 19% of Machhapuchchhre Bank Promoter Shares Up for Auction Today 15
Business | Market | Economy

Nearly 19% of Machhapuchchhre Bank Promoter Shares Up for Auction Today

The promoter of Machhapuchchhre Bank Limited (MBL) is putting up 1,12,32,492 shares for auction to fellow promoters. This amounts to around 18.95% of all promoter shares or 51% of ownership. With a total of 11.62 Crore shares listed on the Nepal Stock Exchange (NEPSE), the auctioned shares represent about 9.66% of all shares. This move […]

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Sonapur Minerals and Oil Limited IPO Allotment: 10 Units for 10,40,770 Applicants, 8,638 Go Empty-Handed 17
Business | Market | Economy IPO | FPO

Sonapur Minerals and Oil Limited IPO Allotment: 10 Units for 10,40,770 Applicants, 8,638 Go Empty-Handed

Sonapur Minerals and Oil Limited made an initial offering of 97,32,544 IPO shares with a par value of Rs 100 to the general public from Asoj 14 to Ashwin 18, 2080. Prior to this, the company had issued 15,37,525 shares to locals affected by the project in Dang and Rolpa District, with only 1,34,520 units […]

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Final Day to Claim Cash Dividend from Global IME Balance Fund I (GIBF1) - Act Now! 19
Dividend

Final Day to Claim Cash Dividend from Global IME Balance Fund I (GIBF1) – Act Now!

Today marks the final opportunity for investors to claim the cash dividend offered by Global IME Capital’s mutual fund scheme. The book closure date is set for the 25th of Ashwin, and anyone who held units in the scheme until today is eligible for the dividend payout. During the 165th board meeting of Global IME […]

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