Everest

Nepali Banks' Interest Rate Review: Baisakh 2081 Update 1
Business | Market | Economy

Nepali Banks’ Interest Rate Review: Baisakh 2081 Update

In the most recent financial update, twenty commercial banks have announced revisions to their interest rates for the month of Baisakh. Interestingly, a majority of these banks, totaling 13, have opted to decrease their interest rates. However, notable exceptions to this trend include NMB Bank (NMB) and Everest Bank (EBL), which have instead chosen to […]

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Himalayan Everest Insurance Distributes Cash Dividend to Shareholders' Bank Accounts 3
Dividend

Himalayan Everest Insurance Distributes Cash Dividend to Shareholders’ Bank Accounts

Himalayan Everest Insurance Limited (HEI) is distributing a 6.37% cash dividend starting today directly to the bank accounts and DEMAT accounts of its shareholders. Shareholders are encouraged to dematerialize their shares. Additionally, 8.63% bonus shares will be distributed directly to DEMAT accounts after listing in NEPSE. The insurance company held its 30th Annual General Meeting […]

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Last Trading Day for Himalayan Everest Insurance Dividend – Act Now! 5
Dividend

Last Trading Day for Himalayan Everest Insurance Dividend – Act Now!

Investors of Himalayan Everest Insurance Limited (HEI) are urged to seize the opportunity as today marks the final day to avail the enticing 15% dividend proposed by the company. The decision was reached during the 317th board of directors meeting on Poush 25, where it was resolved to distribute dividends based on the paid-up capital […]

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NIMB Ace, Mount Everest Power: 2.58M shares (30%) for 12MW Dudhkunda Khola Project 7
Business | Market | Economy

NIMB Ace, Mount Everest Power: 2.58M shares (30%) for 12MW Dudhkunda Khola Project

NIMB Ace Capital Limited and Mount Everest Power Development Limited have entered into an agreement for the issuance of 2,580,000 ordinary shares. These shares will be made available to local residents in areas affected by the project and the general public, constituting 30 percent of the total issued capital. The signing ceremony included Mr. Arjun […]

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Himalayan Everest Insurance Sets AGM on 25th Magh to Approve 15% Dividend; Book Closure Date? 9
Dividend

Himalayan Everest Insurance Sets AGM on 25th Magh to Approve 15% Dividend; Book Closure Date?

Himalayan Everest Insurance Limited (HEI) has scheduled its 30th Annual General Meeting (AGM) for February 25, 2080. The meeting will take place at Baneshwor Banquet in Thapagaun, starting at 11 AM. One of the key items on the AGM agenda is the approval of a 15% dividend for the fiscal year 2079/80. In a previous […]

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Everest Bank Limited Lists 1,06,98,094.44 Bonus Shares on NEPSE Following AGM Approval 11
NEPSE NEWS

Everest Bank Limited Lists 1,06,98,094.44 Bonus Shares on NEPSE Following AGM Approval

A total of 1,06,98,094.44 units of bonus shares from Everest Bank Limited (EBL) have been officially listed on the Nepal Stock Exchange (NEPSE). This follows the company’s 29th Annual General Meeting (AGM) conducted on the 30th of Ashwin, 2080, where a dividend of 20.53% for the fiscal year 2079/80 was approved. During the 357th meeting […]

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Last Day to Claim Dividends from Everest Bank and NIC Asia Bank - Don't Forget! 13
Dividend

Last Day to Claim Dividends from Everest Bank and NIC Asia Bank – Don’t Forget!

  Today marks the final opportunity to claim dividends from Everest Bank Limited (EBL) and NIC Asia Bank Limited (NICA). EBL has scheduled its 29th Annual General Meeting (AGM) for the 30th of Ashwin, 2080, at Lainchaur Banquet in Kathmandu, commencing at 11 a.m. During this meeting, one of the key agenda items is the […]

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Everest Bank Sets Book Closure Date for 20.53% Dividend; AGM on Ashwin 30 15
Dividend

Everest Bank Sets Book Closure Date for 20.53% Dividend; AGM on Ashwin 30

Everest Bank Limited (EBL) has scheduled its 29th Annual General Meeting (AGM) for the 30th of Ashwin, 2080, to be held at Lainchaur Banquet in Kathmandu, starting at 11 a.m. One of the key items on the AGM agenda is the approval of a 20.53% dividend for the fiscal year 2079/80. In a meeting on […]

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EBL Proposes 20.53% Dividend for FY 2079/80 17
Dividend

EBL Proposes 20.53% Dividend for FY 2079/80

Everest Bank Limited (EBL) has proposed a 20.53% dividend for the fiscal year 2079/80. In their 357th Board of Directors (BODs) meeting on Bhadra 27, they decided to distribute this dividend as a 10.53% cash dividend and a 10% bonus share from their paid-up capital, which is currently at Rs. 10.69 Arba. It’s important to […]

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"Shareholders Urged to Claim Due Dividend by Mahalaxmi Bikas Bank and Everest Bank" 19
Dividend

“Shareholders Urged to Claim Due Dividend by Mahalaxmi Bikas Bank and Everest Bank”

  Mahalaxmi Bikas Bank Limited (MLBL) has announced a notice for shareholders of former entities (Malika Bikas Bank Limited, Mahalaxmi Finance Limited, Yeti Finance Limited, Siddhartha Finance Limited, and Valley Finance Limited) regarding uncollected dividends from past general meetings. If you haven’t received your dividend yet, you need to get in touch with the bank’s […]

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