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“Nepal Life Insurance Company Disburses Rs 69.62 Arba in Claims, Demonstrates Efficient Settlement Process”

Earnmoney.com.np / December 10, 2023

Nepal Life Insurance Company has resolved insurance claims totaling Rs 69.62 Arba as of the end of Ashoj, 2080. The disbursements primarily include death-related claims distributed among 13,512 policyholders and their nominees, encompassing both local and international beneficiaries, with a cumulative payout of Rs 5.68 Arba. The company, aiming for efficiency, has successfully settled 93% […]

Dividend

Chilime Hydropower Company Proposes 15% Dividend and Announces AGM for Fiscal Year 2079/80

Earnmoney.com.np / December 10, 2023

Chilime Hydropower Company Limited (CHCL) has recommended a dividend of 15% and scheduled its 27th Annual General Meeting (AGM) for Poush 20, 2080. During the 423rd meeting of the board of directors on Mangsir 22, the proposal included a 15% dividend for the fiscal year 2079/80. The proposed distribution comprises 10% bonus shares amounting to

IPO | FPO

Himalayan Reinsurance Successfully Allocates IPO Shares to Nepalese Citizens Working Abroad

Earnmoney.com.np / December 10, 2023

Himalayan Reinsurance Limited has successfully allocated IPO shares to Nepalese citizens working abroad, marking the completion of the allotment process on 24th Mangsir, 2080. The company, with a total issued capital of Rs. 10 Arba, allocated 30% or 3,00,00,000 unit shares for the public, including Nepalese citizens working abroad and the general public. In the

Business | Market | Economy

NIC Asia Bank Conducts Auction for Sana Kisan Bikas Laghubitta Promoter Shares

Earnmoney.com.np / December 10, 2023

“NIC Asia Bank Limited Initiates Auction for SKBBL Promoter Shares” Commencing from the 24th of Mangsir to the 29th of Poush, 2080, NIC Asia Bank Limited (NICA) has initiated an auction for the promoter shares of Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL). The auction involves 3,92,657 units of SKBBL promoter shares and is

Dividend

Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) Wraps Up Dividend Offer Today

Earnmoney.com.np / December 7, 2023

Investors have until today to seize the opportunity for a 13.01% dividend from Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL), as the company has declared its 22nd Annual General Meeting (AGM) on 4th Poush, 2080. During the 418th board of directors meeting convened on Ashwin 30, it was decided to allocate the dividend on the paid-up

IPO | FPO

Himalayan Reinsurance Limited Announces IPO for 2.49 Million Units with Robust Promoter Support

Earnmoney.com.np / December 7, 2023

Himalayan Reinsurance Limited is set to launch its initial public offering (IPO) with the issuance of 2,49,00,000 unit shares starting from 27th Mangsir, 2080. The early closing date for this IPO is on the 1st Poush, with the possibility of extension up to the 11th Poush, 2080, if the subscription is not fully met. Out

Business | Market | Economy

Nabil Bank Announces Issuance of 9% Nabil Debenture 2087 with Rs. 3 Arba Target

Earnmoney.com.np / December 7, 2023

Nabil Bank Limited (NABIL) has issued an offer letter announcing the issuance of 30,00,000 units of “9% Nabil Debenture 2087” to the general public. The debentures, featuring a maturity period of 7 years and a coupon rate of 9%, will be open for subscription from the 29th of Mangsir to the 3rd of Poush, 2080.

NEPSE NEWS

NEPSE Index Surges 0.63%, Registers Significant Gains with Notable Turnover

Earnmoney.com.np / December 7, 2023

The Nepal Stock Exchange (NEPSE) Index recorded a significant increase of 11.73 points, equivalent to 0.63%, compared to the previous day’s closing, concluding at 1,852.77 points. In the preceding trading session, the index had witnessed a gain of 3.33 points. The day commenced with the index opening at 1840.42, marking an intraday low of 1,834.64

Dividend

“Nepal Insurance Company Announces 75th AGM with Dividend Approval and Key Agenda Items”

Earnmoney.com.np / December 6, 2023

Nepal Insurance Company Limited (NICL) has scheduled its 75th Annual General Meeting (AGM) to take place on the 13th of Poush, 2080. The venue for the meeting is set at Nepal Pragya Pratisthan, Kamaladi, Kathmandu, with proceedings commencing at 11 am. Among the various items on the agenda, the AGM will seek approval for a

IPO | FPO

Nepal Warehousing Company IPO Allotment Records Overwhelming Response and Substantial Oversubscription

Earnmoney.com.np / December 6, 2023

The IPO allotment for Nepal Warehousing Company Limited concluded today at the headquarters of the issue manager, Himalayan Capital Limited, located in Kathmandu. Nepal Warehousing Company Limited had issued 11,41,250 units of IPO shares at a par value of Rs. 100 to the general public from the 10th to the 13th of Mangsir, 2080. Out

Gold | Silver | Forex

Gold Prices in Nepal Decline by Rs. 800 per Tola as Global Market Faces Slump

Earnmoney.com.np / December 6, 2023

The price of gold has observed a decline of Rs. 800 per tola today, as reported by the official website of the Federation of Nepal Gold and Silver Dealers’ Association. The current value of fine gold is reported at Rs. 1,18,400 per tola, representing a decrease from its stable position the previous day at Rs.

NEPSE NEWS

NEPSE Index Rebounds with a 0.18% Gain After Previous Session’s Decline

Earnmoney.com.np / December 6, 2023

The Nepal Stock Exchange (NEPSE) Index closed with a gain of 3.33 points, equivalent to 0.18%, compared to the previous day’s closing, settling at 1,841.04 points. This follows a loss of 10.10 points recorded in the preceding trading session. The trading day commenced with the index opening at 1837.24, hitting an intraday low of 1,830.31,