Ganapati Laghubitta held its 6th AGM on Chaitra 25, 2079, under the chairmanship of Ms. Archana Pradhan. According to the media statement, the AGM approved all fiscal and other reports presented by microfinance officials.
Prudential Insurance had its 21st Annual General Meeting (AGM) on Chaitra 16, 2079, under the chairmanship of Mr. Vishal Agrawal. Apart from standard financial reports, the AGM approved a taxation proposal of 3.325% bonus shares and 0.17% cash dividend. According to the media announcement, the company’s paid-up capital would increase to Rs 1.22 arba.
. The financial highlights for the month of Falgun have been published by NIC Asia Balanced Fund (NICBF), a 10-year close-end mutual fund scheme managed by NIC Asia Capital. The period’s NAV was Rs. 10.73, which was lower than the previous month’s NAV of Rs. 11.26. The scheme started with a Rs. 75.50 crore
Through its sub-provincial office in Nawalparasi, NIC ASIA Laghubitta has organized a rally program to commemorate Global Money Week 2023 in Parasi. According to the media statement, the event was led by the Parasi Laghubitta Employee Forum, and participants carried placards for financial awareness.
Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) has announced that it will not pay dividends in fiscal year 2078/79. The AVYAN Board of Directors decided on Chaitra 06, 2079, that no dividends will be paid for fiscal year 2078/79. The financial statements, however, are subject to approval by Nepal Rastra Bank and the company’s upcoming Annual
For the first eight months of the current fiscal year 2079/80, the government’s budget deficit exceeded Rs. 1.56 Kharba. By the end of Falgun, the government had spent 7.79 Kharba of its budget, but had only collected 6.22 Kharba in total revenue. Meanwhile, only 22.15% of capital expenditure (CAPEX) is used until the end
Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) has announced that it will not pay dividends in fiscal year 2078/79. The Unnati Sahakarya Laghubitta Bittiya Sanstha Limited’s balance sheet for the fiscal year 2078/79 was approved at the 195th meeting of the board of directors held on Falgun 25, 2079 at 5:00 PM. The financial
The ultimate merger procedure has been completed between Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) and RMDC Laghubitta Bittiya Sanstha Limited (RMDC). On Bhadra 31, 2079, the firms signed a merger agreement. Similarly, the share exchange ratio between Sana Kisan and RMDC has been determined to be 1:0.87. Investors who now own 100 shares
On Falgun 14, 2079, Infinity Laghubitta held its sixth annual general meeting (AGM) for the fiscal year 2078–2079 under the direction of its chairman, Mr. Bala Ram Bista. The AGM has approved the board’s request to distribute 20% bonus shares worth Rs 8.29 crore to its shareholders from the profit it had generated in the
AGM approval of the merger with Sagarmatha Insurance and the proposal of 6.99% bonus shares and 0.3679% cash dividend for taxation purposes are both mentioned in the media release in addition to the usual financial reporting. According to the press release, the AGM authorized the board to carry out all merger-related responsibilities and approved the
Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has scheduled its 6th Annual General Meeting on the 26th of Falgun, 2079. The conference would begin at 10 a.m. that day at the Marsyangdi River View Resort in Bandipur. Among the other items on the agenda, the AGM will approve an 18.95% dividend of Rs. 5.11 crores for
The earnings of Rastriya Beema Company Limited (RBCL) climbed by an astonishing 92.57% in the second quarter of fiscal year 2079/80 compared to the same period the previous year. According to the financial report released today, it made a net profit of Rs 37.41 crore in the second quarter of fiscal year 2079/80, up from
