Economics
Sonapur Minerals and Oil IPO Allotment: 973,254 Applicants to Receive 10 Units Each on Wednesday
The IPO allotment for Sonapur Minerals and Oil Limited is scheduled for this Wednesday, which is the 24th of Ashwin, 2080. The allotment event will take place at 9 AM at the offices of the issue manager, NIMB Ace Capital Limited in Kathmandu. Out of the total 12,165,680 units available, 10% (1,216,568 units) have been […]
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Gold Prices Soar with Rs. 1000 Increase in a Single Day
The price of gold has risen by Rs. 1,000 per tola (fine gold) today when compared to the trading price on Sunday. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current value of fine gold is Rs. 1,08,600 per tola, while Tejabi gold is priced at Rs. 1,08,100 […]
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Nepal Reinsurance Distributes 4.75% Bonus Shares to Shareholders’ DEMAT Accounts
Nepal Reinsurance Company Limited has given its shareholders a 4.75% bonus share directly in their demat accounts. This action followed the company’s 18th Annual General Meeting on the 15th of Ashad, where a 5% dividend for the fiscal year 2078/79 was approved. Furthermore, during the 453rd board of directors meeting held on Baisakh 17, […]
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Closing Today: Public Issue of 10% Citizens Bank Debenture 2090
Citizens Bank International Limited (CZBIL) is concluding the issuance of 30,00,000 units of “10% Citizens Bank Debenture 2090” to the general public and institutions today, which is the 22nd Ashwin, 2080. These debentures come with a 10-year maturity period and offer a 10% coupon rate. The application period for these debentures opened on the 17th […]
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NEPSE Index Drops 48.25 Points in Two Days; NABIL Records Highest Turnover
In today’s trading, the Nepal Stock Exchange (NEPSE) Index closed at 1,908.66 points, showing a loss of 12.58 points or 0.65% from the previous day’s closing. It had dropped by 35.67 points the day before. The trading day began with the index opening at 1,919.97, reaching a low of 1,902.87, and hitting a high of […]
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Arun Kabeli Power Allots 100% Right Shares, Begins Refunds on Ashwin 24
Arun Kabeli Power Limited (AKPL) recently granted 1,65,37,288 units of right shares to its shareholders on 19th Ashwin. For those who did not receive these shares, the company will start refunding their money on 24th Ashwin, 2080. To raise funds, the hydropower company initiated a 100% right shares offering from 11th Bhadra to 31st Bhadra, […]
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NEPSE Weekly Summary: 2.36% Loss with Technical Analysis and Highlights
The NEPSE index ended at 1,956.92, experiencing a significant loss of 47.38 points or 2.36%. Last week, it closed at 2,004.30, showing a 1.26% increase from the previous week. Throughout this week, the index reached its highest point at 2,004.58 and its lowest at 1,956.92, showing a total fluctuation of 47.66 points. In the previous […]
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Final Day to Claim Sanima Bank’s Dividend
Today marks the final opportunity for shareholders to claim the dividend offered by Sanima Bank Limited (SANIMA). The bank has scheduled its 19th Annual General Meeting (AGM) for the 2nd of Kartik, 2080. The AGM will take place at Kundalini Durbar Banquet, Chandol, Kathmandu, starting at 11 a.m. Among the various items on the agenda, […]
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Citizens Capital’s 17th AGM Approves 12% Cash Dividend
Citizens Capital held its 17th Annual General Meeting (AGM) on Ashoj 19, 2080, chaired by the company’s chairman. During the AGM, the shareholders approved a 12% cash dividend proposal, along with reviewing the financial reports for the fiscal year 2079-80, according to a media statement.
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Deadline Extended for ‘10% Citizens Bank Debenture 2090’ to Kartik 01
Citizens Bank International Limited (CZBIL) has decided to extend the deadline for the issuance of 30,00,000 units of their “10% Citizens Bank Debenture 2090” to the general public and institutions until the 1st of Kartik, 2080. These debentures have a maturity period of 10 years and offer a 10% coupon rate. The application period for […]
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