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10.526% Dividend Distribution of NADEP Laghubitta Has Been Canceled
From the 176th meeting of the board of directors of NADEP Laghubitta Bittiya Sanstha Limited (NADEP) held on Magh 10, the company had proposed 10% bonus shares and 0.526% cash dividend (tax purposes) from the distributable profits and accumulated profits of 2078/79. Previously, the Chitwan-based Deprosc Laghubitta (DDBL) signed an initial agreement to acquire Dhading-based […]
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Aatmanirbhar Laghubitta Completes Unit IPO Issue of 20,338 Shares
Aatmanirbhar Laghubitta Bittiya Sanstha is closing the issue of 20,338 units of IPO shares for Nepalese citizens working abroad from today i.e. on 2nd Falgun, 2079. The issue opened on 16th Magh and was supposed to close yesterday i.e. 1st Falgun but since the government of Nepal has decided to announce Falgun 1 as People’s War Day, […]
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The NEPSE Index falls by double digits to finish at 2,105.46.
The NEPSE index closed at 2,105.46 today after losing 16.40 points from the last trading day’s closing. This is a loss of 0.77%. The index lost 60.88 points on Sunday. Today the index opened at 2,122.41 and made an intraday high of 2,122.56. It went as low as 2,100.57 and ultimately closed at 2,105.46.
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Ngadi Group Power Limited proposes a 5% dividend for the fiscal year 2078/79
For the fiscal year 2078/79, Ngadi Group Power Limited (NGPL) has proposed a 5% dividend. The board of directors decided on Falgun 1 to distribute the dividend on the paid-up capital of Rs. 1.76 Arba. A cash dividend of 0.25% and 4.75% bonus shares (for tax purposes) have been proposed.
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Higher Impairment Charges Caused a 67.92% Drop in Kalika Laghubitta’s Net Profit
Kalika Laghubitta Bittiya Sanstha (KMCDB) released its second-quarter report for FY 2079/2080, which showed a 67.92% decrease in net profit. According to the company’s report, net profit fell to Rs. 2.69 crores from Rs. 8.40 crores in the previous year’s corresponding quarter. The decrease in growth profit is primarily due to impairment charges totaling Rs. […]
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11.25% Global IME Bank Debenture 2084 is available for purchase beginning on March 29.
Global IME Bank Limited has opened public issue of 50 lakh units’ worth of ‘11.25% Global IME Bank Debenture 2084’ from Magh 29, 2079. The issue will conclude on Falgun 3, 2079 at the earliest and by Falgun 14, 2079 at the latest. The par value of the debenture is NRs. 1,000 per unit. From […]
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Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend;
Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has called its 11th AGM on 29th Falgun, 2079. The meeting will be held in Bougainvilla Events, Tripureshwor-11, Kathmandu, starting from 11 AM that day. Among the other agendas, the AGM will endorse an 11.58% dividend for the fiscal year 2078/79. The board of directors meeting decided to distribute […]
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Country’s economic indicators are in jeopardy, and 8% economic growth
According to Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel, indicators of the country’s economy are in jeopardy due to negative global economic impacts and challenges stemming from domestic causes. He did, however, state that he is constantly working to resolve the country’s economic problems. He made this statement during today’s House of […]
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Sikles Hydropower Reports Q2 Sales Revenue of Rs 19.33 Crores
Sikles Hydropower Limited (SIKLES) has posted a net profit of Rs. 6.27 Crores in the second quarter (Q2) of the current FY 2079/80. The company reported a total income from power sales amounting to Rs. 19.33 crores in this quarter, and income from other sources amounting to Rs 5.26 Lakhs for the second quarter (Q2) […]
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Bhugol Energy Development Company to Issue IPO Shares
Bhugol Energy Development Company Limited has issued an offer letter to the project-affected residents of Dailekh District and Nepalese citizens working abroad in order to launch an Initial Public Offering (IPO). The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 8th to the 25th of Falgun, […]
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