Finance

NEPSE Index Records Gain of 1.13% Amid Vibrant Trading Activity 3
NEPSE NEWS

NEPSE Index Records Gain of 1.13% Amid Vibrant Trading Activity

The Nepal Stock Exchange (NEPSE) Index experienced a positive movement today, registering a gain of 1.13% or 22.75 points, reaching a closing value of 2,026.81 points. This follows a slight downturn of 2.73 points in the preceding trading session. The day began with an opening value of 2,009.05, and throughout the trading period, the index […]

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Ministry Division Finalized: Barsaman Pun to Head Finance 5
r/NepalStock

Ministry Division Finalized: Barsaman Pun to Head Finance

Ministry Division Finalized: Barsaman Pun to Head Finance View on r/NepalStock by ggg_deep

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NEPSE Index Surges 2.85%: Finance Ministry's Commitment Boosts Confidence in Nepalese Stock Market 7
Business | Market | Economy NEPSE NEWS

NEPSE Index Surges 2.85%: Finance Ministry’s Commitment Boosts Confidence in Nepalese Stock Market

The Nepal Stock Exchange (NEPSE) Index demonstrated a noteworthy surge, gaining 58.58 points or 2.85% compared to the previous day’s closing, concluding at 2,111.24 points. In the preceding trading session, the index had also experienced a positive trend, accumulating a gain of 22.10 points. The day’s trading activities commenced with the index opening at 2,065.63, […]

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Promoter Shares Auction Today: Kumari Bank Limited & Gurkhas Finance Limited 9
Business | Market | Economy

Promoter Shares Auction Today: Kumari Bank Limited & Gurkhas Finance Limited

The current promoter of Kumari Bank Limited (KBL) is offering 97,847 units of shares for auction to existing promoter shareholders starting today. Srijana Sharma is planning to sell these shares to eligible shareholders. Interested parties are invited to submit their bids for the auction within 35 days from the date of this notice, which is […]

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Central Finance: No Dividends for FY 2079/80 11
Dividend

Central Finance: No Dividends for FY 2079/80

Central Finance Limited (CFCL) has announced that it will not be giving out any dividends for the Fiscal Year 2079/80. This decision was reached during the 335th Board Meeting held on Falgun 04. However, it’s essential to understand that this decision is dependent on the approval of the financial statements by the regulatory authority, Nepal […]

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Auction Alert: Multipurpose Finance Company Limited Promoters Offer 56,000 Units of Shares to Eligible Shareholders 13
IPO | FPO

Auction Alert: Multipurpose Finance Company Limited Promoters Offer 56,000 Units of Shares to Eligible Shareholders

Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have initiated the auction of their promoter shares. Specifically, Bijaya Kumar Thakur is auctioning 26,000 units, while Dhirendra Thakur is auctioning 30,000 units of their respective shares. This auction, which began on the 18th of Poush, 2080, is exclusively open […]

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Finance Minister Optimistic About 6% Economic Growth and Library Society's Challenges Addressed at Annual Meeting 15
Business | Market | Economy

Finance Minister Optimistic About 6% Economic Growth and Library Society’s Challenges Addressed at Annual Meeting

Finance Minister Dr. Prakash Sharan Mahat expressed optimism about achieving a 6% economic growth rate, attributing it to the gradual recovery of the country’s economy. Speaking at the 20th annual general meeting of the Kathmandu Valley Public Library Society at Bhrikutimandap, Minister Mahat highlighted positive signs such as the increasing number of tourists, rising remittances, […]

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Pokhara Finance Limited Opts Not to Distribute Dividends for FY 2078/79 17
Dividend

Pokhara Finance Limited Opts Not to Distribute Dividends for FY 2078/79

Pokhara Finance Limited (PFL) has announced its decision to refrain from distributing any dividends for the Fiscal Year 2078/79. The resolution was reached during the 526th Board Meeting held on Poush 5. Importantly, the Board of PFL has not put forth any proposals for cash dividends or bonus shares for the FY 2079/80. It is […]

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Shree Investment Finance Company Proposes 5.05% Cash Dividend for FY 2079/80 19
Dividend

Shree Investment Finance Company Proposes 5.05% Cash Dividend for FY 2079/80

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% […]

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