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"Siddhartha Capital Announces Book Closure Date for Mutual Fund Dividend" 7
Business | Market | Economy

“Siddhartha Capital Announces Book Closure Date for Mutual Fund Dividend”

  Siddhartha Capital Limited has announced the date for the book closure regarding dividends for its mutual funds. The deadline is set for the 13th of Bhadra. Investors who hold units before this date will be eligible to receive the dividend payments. During a Board of Directors meeting on the 32nd of Shrawan, Siddhartha Capital […]

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"Citizens Capital Partners with Thulo Khola Hydropower for IPO Management; Myagdi's 22.5 MW Project Set to Offer Shares" 9
IPO | FPO

“Citizens Capital Partners with Thulo Khola Hydropower for IPO Management; Myagdi’s 22.5 MW Project Set to Offer Shares”

  In an event held at Sundhara, Kathmandu, Thulo Khola Hydropower Limited and Citizens Capital Limited signed an agreement for the management of their Initial Public Offering (IPO). The agreement was formalized by Mrs. Shweta Adhikari Panth, Director of Thulo Khola Hydropower Limited, and Mr. Sabir Bade Shrestha, CEO of Citizens Capital Limited. Under this […]

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"Siddhartha Capital Declares Dividends for Mutual Fund Schemes FY 79/80" 11
Dividend

“Siddhartha Capital Declares Dividends for Mutual Fund Schemes FY 79/80”

  During the fiscal year 2079/80, Siddhartha Capital Limited has proposed cash dividends for unitholders of Siddhartha Equity Fund (SEF) and Siddhartha Investment Growth Scheme – 2 (SIGS2), amounting to 5% and 6.5% (including tax) respectively. However, no dividend will be distributed to unitholders of Siddhartha Investment Growth Scheme 3 (SIGS3) during the same period. […]

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"SEED Energy Joins Forces with NMB Capital for IPO Advisory" 13
IPO | FPO

“SEED Energy Joins Forces with NMB Capital for IPO Advisory”

  SEED Energy Limited, a company supported by SEED Investment Private Limited, has joined forces with Nepal’s renowned merchant bank, NMB Capital Limited. This exciting collaboration marks a significant step as SEED Energy gets ready to introduce its ordinary shares to the public through an Initial Public Offering (IPO). This move is part of SEED […]

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"Upper Tamakoshi Hydropower's Offer Letter Released for Right Shares Issue Opening on Bhadra 18" 15
IPO | FPO

“Upper Tamakoshi Hydropower’s Offer Letter Released for Right Shares Issue Opening on Bhadra 18”

  Upper Tamakoshi Hydropower Limited has released an offer letter to introduce its 100% rights shares. As per the publicly disclosed offer letter, the company plans to accept applications for these right shares at a 1:1 ratio, or 100%, from the 18th of Bhadra to the 7th of Ashwin, 2080. The hydropower firm intends to […]

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"Transition to Public Entities Enables IPO Authorization for Private Limited Companies" 17
IPO | FPO

“Transition to Public Entities Enables IPO Authorization for Private Limited Companies”

  Once a private limited company becomes a public entity, it will have the ability to initiate an initial public offering (IPO) after gaining approval. In a recent cabinet meeting on Tuesday, the Securities Registration and Issuance (Seventh Amendment) Regulations of 2080 were given the green light. This approval introduced new rules to the capital […]

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"Final Day for Manakamana Engineering Hydropower IPO Applications; 1.308 Crore Units Received" 19
IPO | FPO

“Final Day for Manakamana Engineering Hydropower IPO Applications; 1.308 Crore Units Received”

Manakamana Engineering Hydropower Limited is concluding the offering of its 2,276,620 unit IPO shares with a face value of Rs 100 each, starting today on the 31st of Shrawan, 2080. This date marks the early closing deadline for the IPO. Should the issue not have garnered full subscriptions by the 31st of Shrawan, the closing […]

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