Nepal SBI Bank Limited (SBI) has released a notification calling upon its shareholders to retrieve outstanding dividends that remain uncollected. The announcement highlights that certain investors have yet to claim dividends allocated during the fiscal year 2074/75. The dividend disbursement took place in the aforementioned fiscal year when the bank distributed cash dividends to its […]
In the current trading week, the NEPSE index concluded at 1,994.60, marking a notable increase of 141.83 points (7.66%). This follows a marginal loss of 0.31% in the previous week when the index closed at 1,852.77. The week saw the index’s volatility range from 1,866.06 to 2,016.87, totaling 150.81 points, a significant rise from
Himalayan Reinsurance Limited initiated the issuance of 2,49,00,000 units of IPO shares to the public starting from the 27th of Mangsir, 2080. The early closing date for this offering is set on the 1st of Poush, with the possibility of extension up to the 11th of Poush, 2080, if the subscription is not fully met.
The NEPSE Index in Nepal has recorded a gain of 6.55 points, equivalent to 0.32%, surpassing the previous day’s closing and concluding at 1,994.60 points. This follows a 2.60 point increase on the day prior, and notably, after the recent review of the monetary policy on Friday, the index has seen a cumulative gain of
In a positive economic development, a report from the Nepal Rastra Bank reveals that Nepal’s balance of payments (BOP) has maintained a surplus of Rs.147.11 billion, marking a significant increase compared to the Rs.20.03 billion surplus recorded in the same period the previous year, based on data ending in mid-November. Expressed in US Dollars, the
Shree Investment Finance Company Limited (SIFC) has put forward a proposal for a 5.05% cash dividend amounting to Rs. 4.96 for the fiscal year 2079/80. This decision was reached during the 336th board meeting held on Mangsir 26, with the dividend distribution derived from the company’s paid-up capital of Rs. 98.16 crores. The proposed 5.05%
Laxmi Sunrise Bank Limited (LSL) has proposed a dividend of 7.37% for the fiscal year 2079/80. This proposal was put forward during the 283rd board meeting held on December 12, 2023. The dividend is calculated based on the company’s paid-up capital, which currently stands at Rs. 21.67 Arba. The proposed dividend includes 7% bonus shares
Kumari Bank Limited (KBL) and the Nepal Stock Exchange (NEPSE) finalized an agreement today for the listing of “10% KBL Debenture 2090” (KBLD90). Under the terms of the agreement, 50,00,000 units of the debenture are set to be listed at a par value of Rs. 1000 per unit. The subscription period for the issue was
Today, representatives from Himalayan Capital Limited and the Nepal Stock Exchange (NEPSE) finalized an agreement for the listing of “Himalayan 80-20.” Under the terms of the agreement, 10,00,00,000 units of “Himalayan 80-20” are set to be listed at a par value of Rs. 10 per unit. The subscription period for the issue was open to
The Nepal Stock Exchange (NEPSE) Index has recorded a modest gain of 2.60 points or 0.13% compared to the previous day’s closing, concluding at 1,988.04 points. In the preceding trading session, the index witnessed a more substantial increase of 36.86 points. The market commenced today with the index opening at 1990.36. It experienced fluctuations throughout
