Tag: Gen

  • Swarojgar Laghubitta Announces Book Closure Date for its Dividend of 23.157%

    Swarojgar Laghubitta Announces Book Closure Date for its Dividend of 23.157%


    Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) has announced the book closure date for its 23.1579% dividend worth Rs. 11.90 crores for fiscal year 2078/79 and has scheduled the 14th Annual General Meeting for Chaitra 11, 2079. The meeting will begin at 11:30 a.m. that day in Nepal Pragya Pratisthan, Kamaladi, Kathmandu.

    Among the other items on the agenda, the AGM will approve a 23.1579% dividend of Rs. 11.90 crores for fiscal year 2078/79. On Poush 27, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 51.40 crores. There is a proposal for 22% bonus shares worth Rs 11.31 crores and a 1.1579% cash dividend (including tax) worth Rs 59.52 lakhs.

     

  • Sun Nepal Life Insurance Company’s IPO has been added to the SEBON pipeline.

    Sun Nepal Life Insurance Company’s IPO has been added to the SEBON pipeline.


    Sun Nepal Life Insurance Company Limited (SNLICLInitial )’s Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval.

    The company intends to sell 9,600,000 unit shares to the general public for Rs. 250.55 per share (Rs 100 face value + Rs 150.55 premium price). The IPO will raise Rs. 2,405,280,000 in total.

     

  • Last day to deposit remaining payment of Trishuli Jal Vidhyut Company IPO shares

    Last day to deposit remaining payment of Trishuli Jal Vidhyut Company IPO shares


    Trishuli Jal Vidhyut Company Limited (TJVCL) will begin collecting the remaining sum for the shares offered to the general public today, the 17th of Falgun. The collection beganĀ onĀ 18th Mangsir, 2079.

    From the 7th to the 11th Chaitra, 2075, the company issued 3,705,000 units of IPO shares with a par value of Rs. 100 and an initial call amount of Rs. 10.

    Employees received 3% of the total 3,705,000 units, or 111,150 unit shares, with the remaining 3,593,850 unit shares issued to the general public.

    Investors could purchase shares by paying only 10%, or Rs. 10, of the share value, with the remaining 90%, or Rs. 90, to be paid later.

  • Last Day to Claim Laxmi Laghubitta’s Proposed 20% Dividend (LLBS)

    Last Day to Claim Laxmi Laghubitta’s Proposed 20% Dividend (LLBS)


    Today is the last day to claim Laxmi Laghubitta Bittiya Sanstha Limited’s proposed 20% dividend (LLBS).

    The company has scheduled its 11th Annual General Meeting for February 29, 2079. The meeting will begin at 11 a.m. that day in Agrawal Bhavan, Kamalpokhari, Kathmandu.

     

  • Aatmanirbhar Laghubitta IPO Receives Rs. 1.78 Arba From 16.13 Lakh Applicants; IPO Oversubscribed by More Than 105.14 Times

    Aatmanirbhar Laghubitta IPO Receives Rs. 1.78 Arba From 16.13 Lakh Applicants; IPO Oversubscribed by More Than 105.14 Times


    From the 11th to the 15th of Falgun, 2079, Aatmanirbhar Laghubitta Bittiya Sanstha Limited issued 169,755 units of shares worth Rs. 1.69 crores to the general public as part of their Initial Public Offering (IPO).

    The company’s issued capital is Rs. 6.23 crores, of which 32.625%, or 203,380 unit shares worth Rs. 2.03 crores, have been set aside for the general public. Out of the total 203,380 units, 10%, or 20,388 units, were set aside for Nepalese citizens working abroad, while 1.5326%, or 3,117 units, were set aside for company employees, and 5%, or 10,170 units, were set aside for mutual funds. The remaining 169,755 units were made available to the general public.

     

  • Infinity Laghubitta holds its sixth annual general meeting and approves the 20% dividend proposal to its shareholders.

    Infinity Laghubitta holds its sixth annual general meeting and approves the 20% dividend proposal to its shareholders.


    On Falgun 14, 2079, Infinity Laghubitta held its sixth annual general meeting (AGM) for the fiscal year 2078ā€“2079 under the direction of its chairman, Mr. Bala Ram Bista.

    The AGM has approved the board’s request to distribute 20% bonus shares worth Rs 8.29 crore to its shareholders from the profit it had generated in the prior fiscal year, in addition to the usual financial reports.

    According to a press release, the AGM also featured a leadership symposium for the firm’s staff, and the company also recognized its top performers.

  • Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio.

    Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio.


    The Balephi Hydropower Limited (BHL) board of directors decided to submit a proposal for approval at the following annual general meeting of the company for the issuance of rights shares in the ratio of 1 equal to 0.5 from the current paid-up capital of Rs. 1.827 Arba. This decision was made at the board’s meeting on Falgun 12. Thus, the company’s enlarged paid-up capital following the right issuance at 50% will be Rs. 2.74 Arba.

    Balephi Hydropower earlier this year sold 18,27,970 units to the general public at a price of Rs 18.27 crore.

  • Siddhartha Insurance’s (SIL) 9% Bonus Shares are Currently Listed on the NEPSE

    Siddhartha Insurance’s (SIL) 9% Bonus Shares are Currently Listed on the NEPSE


    Siddhartha Insurance Limited (SIL) has launched 11,59,200 unit bonus shares on NEPSE.

    On Poush 29, 2079, the firm had its 21st Annual General Meeting, at which the 9.4737% dividend for the fiscal year 2078/79 was approved. A 9% bonus share and 0.4737% cash dividend (for tax purposes) from the paid-up capital of Rs. 1.28 Arba were recommended at the board of directors meeting on Poush 7. As a result, the proposal included bonus shares worth Rs. 11.59 crores and cash dividends of Rs. 61.01 lakh.

    The same bonus shares are now on the NEPSE list. Last week, SIL finished at Rs. 611.

  • IPO Allotment of Asian Hydropower Limited Concludes; 69,720 Applicants Out of 14,25,720 Applicants Get 10 Units Each

    IPO Allotment of Asian Hydropower Limited Concludes; 69,720 Applicants Out of 14,25,720 Applicants Get 10 Units Each


    Asian Hydropower Limited issued 6,97,200 units worth Rs 6.97 crore to the general public in an Initial Public Offering (IPO) (Magh 27- Falgun 2, 2079). Out of the total 840,000 units, 10%, or 84,000 units, have already been issued and allotted to Nepalese citizens working abroad, 2%, or 16,800 units, have been set aside for the company’s employees, and 5%, or 42,000 units, have been set aside for mutual funds. The remaining 6,97,200 units will be available to the general public.

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  • Lumbini General Insurance recommends 0.36% in cash dividends and 6.99% in bonus shares.

    Lumbini General Insurance recommends 0.36% in cash dividends and 6.99% in bonus shares.


    AGM approval of the merger with Sagarmatha Insurance and the proposal of 6.99% bonus shares and 0.3679% cash dividend for taxation purposes are both mentioned in the media release in addition to the usual financial reporting.

    According to the press release, the AGM authorized the board to carry out all merger-related responsibilities and approved the merged company’s name, Sagarmatha Lumbini Insurance Company.

    The business reportedly recognized its employees who have worked there for more than ten years in a statement to the media.

  • Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2

    Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2


    The second quarter (Q2) of the current FY 2079/80 had a net profit decline of 33.12% for Supermai Hydropower Limited (SMHL). From Rs. 7.50 crores in the same quarter last year, the earnings dropped to Rs. 5.0184 crores this quarter.

    This quarter’s net profit decreased as a result of a fall in sales income and an increase in finance expenses.

    In this quarter, the company generated total revenue of Rs. 13.93 crores, a reduction of 6.27% over the same quarter of the previous year.

    With a share capital of 40 crore rupees, it has a reserve fund of 5.30 crore rupees. Its net worth per share is Rs 113.26, and its yearly earnings per share are Rs 25.09.

  • On Sunday, the Asian Hydropower IPO Allocation will be completed; 69,720 Applicants Will Get 10 Units Each.

    On Sunday, the Asian Hydropower IPO Allocation will be completed; 69,720 Applicants Will Get 10 Units Each.


    On Sunday, or 14 Falgun 2079, is when Asian Hydropower Limited will distribute its first public offering (IPO) shares. From that day at 9 am, the allotment program would take place on the grounds of the issue manager, NMB Capital Ltd, in Naxal.

    From the 27th Magh to the 3rd Falgun, the company distributed 6,97,200 units of shares with a face value of 100 rupees to the general public as part of an IPO. Of of the entire 840,000 units, 10%, or 84,000 units, have already been issued and allocated to Nepalese people living and working abroad. 2%, or 16,800 units, were set aside for the company’s employees, while 5%, or 42,000 units, of the total offered shares, were reserved for mutual funds.