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For Fiscal Year 2078/79, Samudayik Laghubitta increased the dividend rate to 15%. 1
Dividend

For Fiscal Year 2078/79, Samudayik Laghubitta increased the dividend rate to 15%.

  For the fiscal year 2078/79, Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has reduced the dividend percentage from 21.05263% to 15%. Previously, from the paid-up capital of Rs. 13.20 crores, 10% bonus shares worth Rs. 1.32 crores and 11.05263% cash dividend (tax purposes) worth Rs. 1.45 crores were proposed.

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Ngadi Group Power and Shree Investment Company are both listed on the NEPSE. 3
NEPSE NEWS

Ngadi Group Power and Shree Investment Company are both listed on the NEPSE.

  NEPSE has listed 8,39,482.225 unit bonus shares of Ngadi Group Power Limited (NGPL). On the 25th of Falgun, the hydropower company held its 9th AGM and approved a 5% dividend for fiscal year 2078/79. On Falgun 1, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 1.76 Arba. […]

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The NEPSE Index falls by double digits on the first trading day of the week, closing at 1,838.48. 5
NEPSE NEWS

The NEPSE Index falls by double digits on the first trading day of the week, closing at 1,838.48.

  The NEPSE index closed at 1,838.48 today, down 28.31 points from the previous trading day’s close. This is a 1.52% decrease. Last Thursday, the index fell 8.28 points. The index began the day at 1,867.47 and reached an intraday high of 1,869.43. In contrast, it dropped as low as 1,833.68 before closing at 1,838.48. […]

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From Baisakh 04, Menchhiyam Hydropower will issue 934,915 unit IPO shares to the general public. 7
Business | Market | Economy

From Baisakh 04, Menchhiyam Hydropower will issue 934,915 unit IPO shares to the general public.

  Menchhiyam Hydropower Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 4th of Baisakh, 2080, the company will issue 934,915 unit shares with a face value of Rs 100. The company expects to earn Rs 9.34 crore from this IPO. This issue’s early […]

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Issuance of Ghalemdi HydroEndorse Agendas Related Right Shares 9
Business | Market | Economy

Issuance of Ghalemdi HydroEndorse Agendas Related Right Shares

Ghalemdi Hydro Limited (GHL) has scheduled its 9th Annual General Meeting (AGM) for the 16th of Baisakh, 2080. The meeting will begin at 10:30 a.m. that day at Sasa Banquet in Nayabazar, Kathamndu.  

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Asian Life Insurance will support the 8.947% dividend. 11
Dividend

Asian Life Insurance will support the 8.947% dividend.

  Asian Life Insurance Company Limited (ALICL) has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara. Among the other items on the agenda, the AGM will approve an 8.947% dividend of Rs. 26.01 crores for fiscal year […]

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Economic growth is expected to slow to 4.1% in 2023, with inflation remaining at 7.4%, according to the Asian Development Bank. 13
Business | Market | Economy

Economic growth is expected to slow to 4.1% in 2023, with inflation remaining at 7.4%, according to the Asian Development Bank.

  The Asian Development Bank (ADB) forecasts 4.1 percent economic growth in Nepal in 2023, with inflation at 7.4 percent. According to the April 2023 Asian Development Outlook (ADO), Nepal’s economic growth rate is expected to slow in 2023 compared to last year due to tight monetary policy, sluggish domestic demand, the unwinding of pandemic […]

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The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital. 15
Business | Market | Economy

The suspension of a broker license has resulted in the freezing of approximately Rs. 12 Arba in capital.

  One company applied for a stock dealer license in the previous seven months, while 45 companies applied for stock broker licenses. Nonetheless, all procedures had been halted as a result of the Supreme Court’s directive. Seven months later, the broker license has been suspended, resulting in the freezing of approximately Rs. 12 Arba in […]

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What Rawa Energy Development Prospective Investors Should Know 17
IPO | FPO

What Rawa Energy Development Prospective Investors Should Know

  Rawa Energy Development Ltd is a public limited company that was founded as a private limited company on August 16, 2009 and later converted to a public limited company on June 28, 2019. It is promoted by businesspeople with extensive experience in hydropower and other sectors for the establishment of Hydroelectric Projects (HEP) in […]

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NEPSE fell by 0.44% today to close at 1,866.79; only three sectors closed in the green. 19
NEPSE NEWS

NEPSE fell by 0.44% today to close at 1,866.79; only three sectors closed in the green.

The NEPSE index closed at 1,866.79 today, down 8.28 points from the previous trading day’s close. This is a 0.44% decrease. Yesterday, the index rose 8.39 points. The index opened today at 1,875.88 and reached an intraday high of 1,888.82. In contrast, it dropped as low as 1,864.51 before closing at 1,866.79. Through 23,388 transactions, […]

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