Group

The Shangrila Development Bank meets. 1
Dividend

The Shangrila Development Bank meets.

  Mr. Ujjwal Satyal, Mr. Sushil Kaji Baniya, and Mr. Sujan Siddhi Bajracharya from the promoter’s group were elected, as were Ms. Lisa Sherchan, Mr. Ganga Sagar Dhakal, and Mr. Naresh Dhungana from the public shareholder group. The bank’s network currently includes 112 branches and 30 ATM booths.

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List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO 3
NEPSE NEWS

List of Companies With IPO Shares That Have Not Yet Been Listed on NEPSE; 9 Companies Are Also Planning an IPO

An initial public offering is the process by which a privately held company becomes a publicly traded company by selling its stock to the general public (IPO). An IPO allows a company to raise funds by selling ownership stakes to a diverse group of investors. It is a method for businesses to obtain public funding […]

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9% of the promoter shares of Prime Life Insurance Company are converted into public shares. 5
Business | Market | Economy

9% of the promoter shares of Prime Life Insurance Company are converted into public shares.

  Prime Life Insurance Company Limited (PLIC) has announced a change in its promoter to public shareholding ratio. On the 24th Poush, 2079, the company held its 15th AGM. The AGM approved the board’s proposal to change the promoter/public share ratio of the company from 60:40 to 51:49. The company has now informed that if […]

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The final merger procedure between Sana Kisan Bikas and RMDC Laghubitta has been completed the swap ratio has been set at 1:0.87. 7
Business | Market | Economy

The final merger procedure between Sana Kisan Bikas and RMDC Laghubitta has been completed the swap ratio has been set at 1:0.87.

The ultimate merger procedure has been completed between Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) and RMDC Laghubitta Bittiya Sanstha Limited (RMDC). On Bhadra 31, 2079, the firms signed a merger agreement. Similarly, the share exchange ratio between Sana Kisan and RMDC has been determined to be 1:0.87. Investors who now own 100 shares […]

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Adarsha Laghubitta Calls AGM on Falgun 30 to Endorse 21.05% Dividend and Share Swap Ratio for Merger 9
Dividend

Adarsha Laghubitta Calls AGM on Falgun 30 to Endorse 21.05% Dividend and Share Swap Ratio for Merger

  Adarsha Laghubitta Bittiya Sanstha Limited (ADLB) has scheduled its 5th Annual General Meeting for 30th Falgun, 2079. The meeting will begin at 11 a.m. that day at the Gautam Village Resort in Banepa. Among the other items on the agenda, the AGM will approve a 21.05% dividend of Rs. 43.57 lakhs for fiscal year […]

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Ngadi Group Power Limited proposes a 5% dividend for the fiscal year 2078/79 11
Dividend

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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The NEPSE Index fell 60.88 points to close at 2,121.75. 13
Nepal Stock Exchange

The NEPSE Index fell 60.88 points to close at 2,121.75.

The NEPSE index finished at 2,121.75 today, down 60.88 points from the previous trading day’s close. This is a 2.79% decrease. Yesterday, the index rose 12.45 points. Today’s opening price for the index is 2,181.2, which is also the intraday high. It dropped as low as 2,117.67 before closing at 2,121.75. Through 51,226 transactions, 253 […]

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With a staggering turnover of Rs. 3.362 Arba, the NEPSE Index soared by a whopping 76.64 points. 15
NEPSE NEWS

With a staggering turnover of Rs. 3.362 Arba, the NEPSE Index soared by a whopping 76.64 points.

The NEPSE index finished at 2,177.34 today, up 76.64 points from the previous trading day’s close. This is a 3.65% increase. Yesterday, the index rose 4.57 points.Today, the index began at 2,100.12 and closed at 2,099.03. It reached a high of 2,177.75 before closing at 2,177.34. 59,927 transactions resulted in the exchange of 260 scrips. […]

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