Bindhyabasini Hydropower Development Company Ltd (BHDC) has launched 5,00,000 units of bonus shares on NEPSE.
On 22nd Poush, the business had its 6th AGM and approved a 5.02632% dividend for fiscal year 2078/79. The board of directors resolved to issue the dividend on the paid-up capital of Rs. 1 Arba at its meeting on Mangsir 29. A 5% bonus share and a cash dividend of 0.02632% (for bonus share tax purposes) were proposed. NEPSE now lists the same bonus shares.
Statistics reveals that commercial banks combined have achieved a total net profit of Rs. 36 Arba and 89 crores. Nabil Bank is the most profitable of the 22 commercial banks, with a net profit of Rs. 4 Arba and 13 crores. Similarly, NIC Asia Bank had a net profit of Rs. 3 Arba and 67 crores. Global IME Bank, on the other hand, has made a net profit of Rs. 3 Arba and 55 Crores. Agricultural Development Bank, on the other hand, has the lowest net profit of Rs. 10 crores.
– With the successful merger of Global IME Bank and Bank of Kathmandu, the joint transaction in the name of Global IME Bank began on Poush 25, 2079.
Following the merger, the institution’s name was changed to Manushi Shrijanshil Laghubitta Bittiya Sanstha Limited. Similarly, for the merger, an equal share swap ratio, i.e. a 1:1 swap ratio, has been finalized.
For the merger process, a joint merger committee will be formed with 3/3 representatives from both organizations. The goal is to complete the merger process this fiscal year.
Mr. Deepak Khanal, chair of Deprosc Laghubitta, presided over the company’s 21st AGM.
For the previous fiscal year, the AGM approved 10% bonus shares and 11.052632% cash dividends for its shareholders. According to the media statement, the company’s paid-up capital will increase to Rs 1.52 arba after the bonus shares.
For the fiscal year 2078/79, Asian Life Insurance Company Limited (ALICL) has proposed a dividend of 8.947% worth Rs. 26.01 Crores.
The board of directors decided today (Falgun 30) to distribute 8.50% bonus shares and a 0.447% cash dividend (for tax purposes). The value of the bonus shares is Rs. 24.71 crores, and the cash dividend is slightly more than Rs. 1.30 crores. ALICL’s current paid-up capital is Rs. 2.90 Arba.
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 of Falgun’s fiscal year 2079/80.
The government’s capital expenditure is the money spent on the development of physical assets. In Nepal, the capital budget is funded by balancing domestic revenue after the recurrent budget, grants, and loans have been met. According to the Financial Comptroller General Office, only Rs. 84.25 Arba of the capital budget has been spent out of the targeted budget of Rs. 3.80 Kharba.
Chilime Hydro Power Company Limited (CHCL) has launched 50,63,846.01 Units Bonus Shares on NEPSE.
The board of directors suggested a 15% dividend for fiscal year 2078/79 during its 410th meeting on Mangsir 20. 7.5% bonus shares and 7.5% cash dividends of Rs. 50.63 crores each were proposed and delivered to shareholders. The current paid-up capital of the firm is Rs. 6.75 Arba. NEPSE now lists the same bonus shares.
The company’s LTP is Rs. 475.30 as of this writing.
Nabil Bank Limited (NABIL) has 42,240,881 unit bonus shares listed on NEPSE.
On 29th Poush, 2079, the bank held its 38th AGM for the fiscal year 2078/79. The board of directors approved a 30% dividend for fiscal year 2078/79. On Mangsir 25, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 22.83 Arba. There was a proposal for 18.50% bonus shares worth Rs 4.22 Arba and 11.5% cash dividend (including bonus shares for tax purposes) worth Rs 2.61 Arba. NEPSE now lists the same bonus shares.
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 statements for 2078/79, including the profit and loss account and cash flow statement, are also reviewed and submitted for approval to Nepal Rastra Ban
Prime Life Insurance Company Limited (PLIC) has listed 36,13,500.25 Units Bonus Shares on NEPSE.
For the fiscal year 2077/78, the board of directors proposed bonus shares worth Rs. 36,13,500.25 and a cash dividend worth Rs. 1,90,18,422 from the paid-up capital of Rs. 2.77 Arba at its 162nd meeting. NEPSE now lists the same bonus shares.
A final merger agreement has also been completed between three life insurance companies, Union Life Insurance Co Ltd (ULI), Gurans Life Insurance Co Ltd (GLICL), and Prime Life Insurance Co Ltd (PLIC). The merger agreement was signed by the companies in order to strengthen the company’s capital base at a swap ratio of 1:1:1.
Himalayan Everest Insurance Limited (HEI) has scheduled its 29th annual general meeting for Chaitra 29, 2079. The meeting will begin at 11 a.m. that day at the Baneshwor Banquet in Thapagaun.
Among the other items on the agenda, the AGM will approve a 2.89% dividend for fiscal year 2078/79. The 297th meeting of the board of directors, held on Poush 26, decided to distribute a dividend of Rs. 2.23 Arba on the paid-up capital. A cash dividend of 0.14% and 2.75% bonus shares have been proposed. Thus, the bonus shares are valued at Rs. 6.15 crores, while the cash dividend is valued at Rs. 32.42 lakhs.
Today is the last day to claim Chhimek Laghubitta Bittiya Sanstha Limited’s proposed dividend of 25.26%. (CBBL).
On Chaitra 10, 2079, the company called its 21st AGM. The meeting will begin at 11 a.m. that day in Hetauda, Makawanpur.
Among the other items on the agenda, the AGM will approve a 25.26% dividend for fiscal year 2078/79. The 282nd meeting of the board of directors, held on Poush 27, decided to distribute a dividend of Rs. 2.32 Arba on the paid-up capital. There have been proposed 22% bonus shares worth Rs 51.13 crores and 3.26% cash dividend (including tax) worth Rs 7.57 crores.