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  • “Siddhartha Capital’s NAV Report for Ashad”

    “Siddhartha Capital’s NAV Report for Ashad”


     

    The scheme started with a total fund of Rs. 1.50 Arba and made various investments. It invested Rs. 1.17 Arba in listed shares and Rs. 2.98 crores in public issues, right shares, and bonus shares. Additionally, it invested Rs. 6.54 crore in bonds and debentures and Rs. 12.5 crore in fixed deposits. The scheme also has Rs. 19.55 crores in its bank balance. Up until the month of Ashad, the scheme posted a net profit of Rs. 7.62 Crores. In the previous month, it incurred a net loss of Rs. 3.11 Crores.

  • “Nepal Rastra Bank Updates Risk Weightage for Share Mortgage Loans”

    “Nepal Rastra Bank Updates Risk Weightage for Share Mortgage Loans”


     

    The Nepal Rastra Bank has released a circular implementing changes in the Monetary Policy 2080/81. In this circular, they clarified that share mortgage loans above Rs. 50 lakhs will now carry a 150 percent risk weight, instead of the previous limit of Rs. 25 lakhs. The 150 percent risk weight will continue to apply to share mortgage loans exceeding Rs. 50 lakhs.

     

  • “NMB Capital’s Mutual Funds See NAV and Net Profit Rise in Ashad; Dividends Expected for Three Schemes”

    “NMB Capital’s Mutual Funds See NAV and Net Profit Rise in Ashad; Dividends Expected for Three Schemes”


     

    The NMB Saral Bachat Fund – E (NMBSBF) recently released its NAV report. This mutual fund operates as an open-ended fund with no maturity period, allowing the fund manager to increase its size as needed. As of Ashad, the fund size has grown to Rs. 1.24 Arba from Rs. 1.17 Arba in the previous month. The Net Asset Value (NAV) in Ashad is Rs. 9.52, showing an increase from Rs. 9.25 in the previous month. The fund’s investments include Rs. 80.74 crore in listed shares, Rs. 63.58 lakhs in public issues, and Rs. 16.05 crore in fixed deposits. Moreover, the fund has Rs. 14.22 crores in the bank and holds bond/debentures worth Rs. 6.76 crores.

  • “Upper Lohore Hydropower Company Announces IPO for General Public: 19,53,279 Unit Shares from Shrawan 18”

    “Upper Lohore Hydropower Company Announces IPO for General Public: 19,53,279 Unit Shares from Shrawan 18”


     

    Upper Lohore Hydropower Company Limited has announced its plan to issue an Initial Public Offering (IPO) to the general public. The IPO will consist of 19,53,279 unit shares with a face value of Rs 100 each, starting from 18th Shrawan, 2080. The company aims to raise Rs 19.53 crore through this offering. The closing date for the IPO is initially set for the 22nd Shrawan, but it can be extended up to the 32nd Shrawan, 2080, if the issue is not fully subscribed by then.

     

  • “240,101 Unit Promoter Shares of Kumari Bank Up for Auction Today”

    “240,101 Unit Promoter Shares of Kumari Bank Up for Auction Today”


     

    The current promoter of Kumari Bank Limited (KBL) is offering 240,101 units of shares for auction exclusively to existing promoter shareholders. The auction period starts on 11th Shrawan, 2080, and will last for 35 days from the date of this notice. Eligible shareholders, who are existing promoters, can participate in the bidding process by submitting their bids at the bank’s central office in Naxal, Kathmandu.

     

  • “Laxmi Capital Market Extends Deadline for “Laxmi Value Fund II” Mutual Fund Scheme to Shrawan 19.”

    “Laxmi Capital Market Extends Deadline for “Laxmi Value Fund II” Mutual Fund Scheme to Shrawan 19.”


     

    Laxmi Capital Market Limited has decided to extend the deadline for their mutual fund scheme “Laxmi Value Fund-II” until the 19th of Shrawan. Initially, the issue was open from the 5th to the 9th of Shrawan, 2080, but due to a lack of sufficient applications, they have extended the closing date. The scheme offers 8 crore unit shares at a par value of Rs 10 per share, with 15% (1.20 crore units worth Rs. 12 crore) reserved for the fund sponsor Former Laxmi Bank Limited, and the remaining 6.80 crore units will be available to the general public from the 5th of Shrawan.

  • “ICRA Nepal Reaffirms BB+ Issuer Rating for Mid Solu Hydropower, Signaling Moderate Default Risk”

    “ICRA Nepal Reaffirms BB+ Issuer Rating for Mid Solu Hydropower, Signaling Moderate Default Risk”


     

    ICRA Nepal Limited has reaffirmed the issuer rating of Mid Solu Hydropower Limited as BB+, which means they have a moderate risk of default in timely servicing of financial obligations. The rating is an overall opinion on the creditworthiness of the company and not tied to any specific debt instrument.

  • “Setikhola Hydropower Appoints Kumari Capital as Issue Manager for 60 Lakh Unit Share Float; 20 MW Pokhara Project Set to Operate in 2024”

    “Setikhola Hydropower Appoints Kumari Capital as Issue Manager for 60 Lakh Unit Share Float; 20 MW Pokhara Project Set to Operate in 2024”


    Setikhola Hydropower has selected Kumari Capital as the issue manager to issue 60 lakh unit ordinary shares to the public investors. The memorandum of understanding (MoU) was signed between the CEO of Kumari Capital, Mr. Puspa Sharma, and the chairman of Setikhola Hydropower, Mr. Anup Acharya, during a program, according to the media statement.

     

  • “NRB Requests Media Convention for Monetary Policy 080-81 Announcement Today”

    “NRB Requests Media Convention for Monetary Policy 080-81 Announcement Today”


     

    The Nepal Rastra Bank (NRB) has invited media personnel to attend the announcement of the long-awaited monetary policy 2080-81. The event will be held at 3:00 pm at the Yak and Yeti Hotel in Durbarmarg, with NRB Governor Maha Prasad Adhikari in attendance.

  • “Nepal Stock Exchange (NEPSE) Reveals OTC Transactions for FY 2079-80, 206 Companies Active in the Market”

    “Nepal Stock Exchange (NEPSE) Reveals OTC Transactions for FY 2079-80, 206 Companies Active in the Market”


    The Nepal Stock Exchange (NEPSE) has released the records of Over the Counter (OTC) transactions for the financial year 2079-80, revealing that 206 companies are currently registered and operational in the OTC market.

    During FY 2079-80, out of the 206 registered companies in the OTC market, shares of 84 companies were actively traded, with a total of 2,12,64,095 shares being exchanged between investors. These transactions resulted in a combined market capitalization of Rs. 2.85 Arba.

    In addition, the OTC transactions generated revenue in the form of Capital Gain Tax (CGT), amounting to Rs. 5.29 crores, which is levied on the profit made from share transactions.

    NEPSE introduced the OTC Market platform, which has been operational since 2064 B.S. According to the guidelines set by the Office of the Company Registrar on Magh 18, 2072, public companies that have not listed on the stock exchange due to various reasons, such as de-listing or failure to meet listing criteria, have the opportunity to conduct share transactions and transfers through the OTC market.

    The OTC market provides an alternative platform for investors and companies that are not listed on the main stock exchange to participate in share trading, offering increased accessibility and liquidity for shareholders in this segment of the market.

  • “Arun Kabeli Power Limited Lists 18,55,211 Unit Bonus Shares on NEPSE after Approving 10.5263% Dividend for Fiscal Year 2078/79”

    “Arun Kabeli Power Limited Lists 18,55,211 Unit Bonus Shares on NEPSE after Approving 10.5263% Dividend for Fiscal Year 2078/79”


    A total of 18,55,211 unit bonus shares of Arun Kabeli Power Limited (AKPL) have recently been listed on the Nepal Stock Exchange (NEPSE). The listing comes after the company’s 12th Annual General Meeting (AGM) held on the 30th of Kartik, where a dividend of 10.5263% for the fiscal year 2078/79 was approved. The board of directors, during a meeting on Kartik 06, decided to distribute this dividend based on the paid-up capital, which stands at Rs. 1.85 Arba.

    The proposed dividend consists of 10% bonus shares valued at Rs. 18.55 Crores and a cash dividend of 0.5263% amounting to Rs. 1.05 Crores. These bonus shares are now officially listed on the NEPSE, making them available for trading.

    As of the current writing, the Last Traded Price (LTP) of AKPL stands at Rs. 227.50. Investors and shareholders will be able to trade the newly listed bonus shares on the exchange, reflecting the company’s distribution of profits among its shareholders for the specified fiscal year.

  • “Nepal Rastra Bank to Publicize Monetary Policy for Fiscal Year 2080-81, Governor’s Return Coincides with Announcement”

    “Nepal Rastra Bank to Publicize Monetary Policy for Fiscal Year 2080-81, Governor’s Return Coincides with Announcement”


    The Nepal Rastra Bank (NRB) is preparing to announce the monetary policy for the ongoing fiscal year 2080-81, which is expected to be publicized by the end of the first week of Shrawan. Narayan Prasad Pokhrel, the Deputy Spokesperson and Information Officer of NRB, revealed in a phone conversation with Sharesansar that the central bank has devised internal procedures to ensure the monetary policy is made public by Shrawan 07, which falls on the upcoming Sunday.

    Narayan Prasad Pokhrel stated, “The internal procedures of the Nepal Rastra Bank have been designed in a way that allows for the monetary policy to be publicized by Shrawan 07.” This indicates that the necessary steps and protocols have been put in place within the central bank to ensure the timely release of the monetary policy.

    In related news, Governor Maha Prasad Adhikari of NRB is expected to return to Nepal from his foreign trip on Wednesday. Previously, there were reports that a delegation of 28 members, led by the governor himself, would be traveling to Canada. The purpose of this trip was to engage in discussions with the assessment team of the Financial Action Task Force (FATF) in order to prevent Nepal from being placed on the “grey list” for money laundering.

    The announcement of the monetary policy by the NRB is an important event that will have implications for the fiscal year 2080-81 in Nepal. It is expected that Governor Maha Prasad Adhikari’s return from his foreign trip will coincide with the release of the monetary policy, indicating that the central bank is actively addressing both domestic and international financial matters.