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Muktinath Bikas Bank and Sadhana Laghubitta distributed bonus shares to shareholders' demat accounts. 1
Business | Market | Economy

Muktinath Bikas Bank and Sadhana Laghubitta distributed bonus shares to shareholders’ demat accounts.

Muktinath Bikas Bank Limited (MNBBL) has given 13.5% bonus shares directly to its owners’ DEMAT accounts and encouraged them to dematerialize their shares. On 30th Poush, 2079, the bank had its 16th AGM for FY 2078/79. The AGM approved a dividend of 14.2105% for fiscal year 2078/79. The board of directors resolved on Poush 01 […]

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Development banks have decided to lower the interest rate on fixed deposits  3
Business | Market | Economy

Development banks have decided to lower the interest rate on fixed deposits 

During its conference, the Development Bankers Association, an association of Development Bank CEOs, also resolved to drop the interest rate. The committee members have agreed to reduce the deposit interest rate by 1%. According to development banks, the interest rate on personal term deposits will now be 10.6 percent rather than 11.6 percent. Similarly, the […]

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The Insurance Authority Issues Licenses to Two More Micro-Insurance Companies 5
Business | Market | Economy

The Insurance Authority Issues Licenses to Two More Micro-Insurance Companies

  The Nepal Insurance Authority has licensed two more microinsurance businesses. At its meeting on Tuesday, the authority’s board of directors voted to provide licenses to two more micro insurance companies. The authorities have given licenses to Protective Micro Insurance Ltd Nepal and Crest Micro Life Insurance Ltd.

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Molung Hydropower Company and Sagarmatha Jalvidyut Company IPO Shares Listed on NEPSE 7
IPO | FPO

Molung Hydropower Company and Sagarmatha Jalvidyut Company IPO Shares Listed on NEPSE

  NEPSE has listed 80,25,000 unit IPO shares of Molung Hydropower Company Limited. This comprises promoter shares as well as shares offered to the general public and project-affected communities. The initial transaction range is Rs. 60.62 to Rs. 181.86. If the company executes the agreement with NEPSE, the IPO shares will trade in the secondary […]

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The IPO of Makar Jitumaya Suri Hydropower Company will be completed on Wednesday. 9
IPO | FPO

The IPO of Makar Jitumaya Suri Hydropower Company will be completed on Wednesday.

  Makar Jitumaya Suri Hydropower Company Limited’s initial public offering (IPO) will take place this Wednesday, March 29th, 2079. The allotment program will take place at the issue manager’s Kamaladi office, Prabhu Capital Limited. From the 19th to the 25th Chaitra, the company issued 13,37,302 units of Rs 100 face value shares to the general […]

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Investors Association Demands SEBON Address Ten Major Issues 11
NEPSE NEWS

Investors Association Demands SEBON Address Ten Major Issues

  The Investors’ Association has focused significant attention on the financial and psychological effects of the stock market on regular investors, which have been steadily declining for a long time. Despite the fact that over 55 lakh investors lost a total of nearly Rs. 15 Kharba following the all-time high market capitalization on August 18, […]

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"Siddhartha Investment Growth Scheme 3" Public Offering 13
Business | Market | Economy

“Siddhartha Investment Growth Scheme 3” Public Offering

Siddhartha Capital Limited is launching the closed-end mutual fund scheme “Siddhartha Investment Growth Scheme 3” today, on the 26th Chaitra, and will close on the 29th Chaitra, 2079. If the issue is not fully subscribed by the early closing date, it may be extended until Baisakh 10. 10%, or 1.2 crore units worth Rs. 12 […]

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Mutual Fund Scheme of Global IME Capital " 15
Business | Market | Economy

Mutual Fund Scheme of Global IME Capital "

  The Securities Exchange Board of Nepal (SEBON) has recently added “Global IME Samunnat Yojana -II” to its latest list of mutual fund scheme pipeline status. The Global IME Samunnat Yojana-II will have a fund size of Rs. 1.2 Arba divided into 12 Crore units with a par value of Rs.10 each. On Chaitra 19, […]

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Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE 17
NEPSE NEWS

Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE

Sunrise Focused Equity Fund (SFEF) units worth $10 billion have been listed on NEPSE. The fund initially offered just 12 crore units, however the offering was downsized due to a reduced number of applications. The “Sunrise Focused Equity Fund” is a closed-end fund with a 10-year maturity horizon. On the 10th of Magh, Sunrise Capital […]

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Last Day to Apply for Ingwa Hydropower's Locals IPO; Issue Closes Today 19
IPO | FPO

Last Day to Apply for Ingwa Hydropower’s Locals IPO; Issue Closes Today

  Ingwa Hydropower Limited is completing the distribution of 6,00,000 units of IPO shares to project-affected locals today, Chaitra 20, 2079. The problem had begun on the 21st of Falgun, 2079. The company’s issued capital is Rs. 60 crores, of which 10%, or 6,00,000 unit shares worth Rs. 6 crores, have been allocated to project-affected […]

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