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Tag: Himalayan
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Himalayan Distillery Limited (Manufacturing and Processing)
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Last Day for HRL and Asian Life Insurance Dividend Grab
Today marks the deadline to avail the 5.789% dividend offered by Himalayan Reinsurance Limited (HRL). The company has scheduled its 3rd Annual General Meeting (AGM) for 20th Falgun, 2080, to be held at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, starting at 11:00 AM.
In the 55th board meeting held on Magh 25, it was decided to distribute dividends based on the paid-up capital of Rs. 10 Arba. The proposal includes 4% bonus shares and a 0.21% cash dividend (for tax purposes). This translates to bonus shares valued at Rs. 40 crores and a cash dividend of Rs. 2.10 crores.
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Himalayan Re-Insurance’s Net Profit Surges 99.73% on 154.65% Rise in Net Premiums; EPS Reaches Rs. 12.05
In the second quarter of the fiscal year 2080/81, HRL experienced a remarkable 154.65% rise in net premiums, reaching Rs. 1.99 Arba compared to the previous year. The company also demonstrated strong financial management by generating Rs. 47.32 Crores from investment income and other financial activities.
However, during the same period, there was a 50.90% increase in net claims, totaling Rs. 73.15 Crores.
Key financial indicators reflect HRL’s strong performance, with an annualized EPS of Rs. 12.05, net worth per share at Rs. 147.31, and a P/E ratio of 41.30 times, indicating the company’s resilience and promising financial outlook.
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Himalayan Reinsurance Proposes 80% Right Shares Post Bonus Adjustment
Himalayan Reinsurance Limited (HRL) has scheduled its 3rd Annual General Meeting (AGM) for the 20th of Falgun, 2080, to be held at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, starting at 11:00 AM.
One of the key agendas of the AGM is the approval of a 4.21% dividend for the fiscal year 2079/80. During the 55th board of directors meeting on Magh 25, it was decided to distribute the dividend on the paid-up capital of Rs. 10 Arba. The proposed distribution includes 4% bonus shares and 0.21% cash dividend for tax purposes. This translates to bonus shares valued at Rs. 40 crores and a cash dividend of Rs. 2.10 crores.
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Himalayan Everest Insurance Distributes Cash Dividend to Shareholders’ Bank Accounts
Himalayan Everest Insurance Limited (HEI) is distributing a 6.37% cash dividend starting today directly to the bank accounts and DEMAT accounts of its shareholders. Shareholders are encouraged to dematerialize their shares. Additionally, 8.63% bonus shares will be distributed directly to DEMAT accounts after listing in NEPSE.
The insurance company held its 30th Annual General Meeting (AGM) on the 25th of Poush, 2080. During the AGM, a 15% dividend for the fiscal year 2079/80 was approved. In a board meeting on the same day, it was decided to distribute dividends on the paid-up capital of Rs. 2.30 Arba. This includes 8.63% bonus shares valued at Rs. 19.86 crore and 6.37% cash dividend (inclusive of tax) valued at Rs. 14.66 crore. The same cash dividends are now being distributed.
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Himalayan Reinsurance Proposes 4.21% Dividend for FY 2079/80; Includes Bonus Shares and Cash
Himalayan Reinsurance Limited (HRL) has suggested a dividend of 4.21% for the fiscal year 2079/80. In a decision made during the 55th board of directors meeting on Magh 25, it was agreed to distribute this dividend based on the paid-up capital of Rs. 10 Arba. The proposal includes 4% bonus shares and a 0.21% cash dividend, totaling Rs. 40 crores and Rs. 2.10 crores respectively. However, the dividend distribution is subject to approval by the central bank and endorsement at the company’s upcoming Annual General Meeting (AGM).
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Last Trading Day for Himalayan Everest Insurance Dividend – Act Now!
Investors of Himalayan Everest Insurance Limited (HEI) are urged to seize the opportunity as today marks the final day to avail the enticing 15% dividend proposed by the company. The decision was reached during the 317th board of directors meeting on Poush 25, where it was resolved to distribute dividends based on the paid-up capital of Rs. 2.30 Arba.
In this generous dividend offering, HEI is proposing an 8.63% bonus in the form of shares, amounting to Rs. 19.86 crore, along with an additional 6.37% cash dividend, inclusive of tax, totaling Rs. 14.66 crore. This announcement follows the company’s commitment to rewarding its shareholders for their continued support and investment in the organization.
Furthermore, HEI has called for its 30th Annual General Meeting (AGM) scheduled for 25th Magh, 2080, at Baneshwor Banquet, Thapagaun, commencing at 11 AM. This AGM serves as a crucial platform for stakeholders to gain insights into the company’s performance, future plans, and financial outlook. Investors attending the meeting will have the opportunity to actively participate in discussions that shape the trajectory of Himalayan Everest Insurance Limited.
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Himalayan Times Media Entertainment and Tech Ltd Appoints Muktinath Capital for 7 Lakh IPO Shares Offering
Himalayan Times Media Entertainment and Tech Ltd (HTMETL) has designated Muktinath Capital as its sales manager for the initial public offering (IPO) of ordinary shares. The agreement between HTMETL and Muktinath Capital, formalized on January 9, outlines the issuance of 700,000 units of ordinary shares valued at Rs 70 million. Each share has a face value of Rs 100 and will be made available to the general public.
Established in 2001, The Himalayan Times (THT) is a well-established English-language newspaper that achieved an A+ rating, the highest possible rank, in the Press Council Nepal’s 2018 newspaper classification report. Within a year of its launch, THT became the leading English daily in Nepal and claimed the top position in readership. Renowned for its high-quality journalism and broad appeal, particularly among the younger demographic, THT is the largest-selling English broadsheet in Nepal. The newspaper is recognized for its comprehensive coverage, analysis, and opinions on various subjects such as news, politics, business, technology, culture, lifestyle, and more. THT upholds principles of responsible journalism, supporting freedom of expression and a free press while providing a platform for marginalized voices.
HTMETL, in addition to its media ventures, organizes prestigious events in Nepal, including TGIF Nepal Fashion Week, The Himalayan Times Brandfest, and The Himalayan Times International Food Festival, with plans for more events in the pipeline. Through its website, HTMETL reaches millions of readers each month, maintaining its position as the top English news site in Nepal.
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Himalayan Everest Insurance Sets AGM on 25th Magh to Approve 15% Dividend; Book Closure Date?
Himalayan Everest Insurance Limited (HEI) has scheduled its 30th Annual General Meeting (AGM) for February 25, 2080. The meeting will take place at Baneshwor Banquet in Thapagaun, starting at 11 AM.
One of the key items on the AGM agenda is the approval of a 15% dividend for the fiscal year 2079/80. In a previous board meeting on Poush 25, it was decided to distribute this dividend on the paid-up capital of Rs. 2.30 Arba. The proposed distribution includes 8.63% bonus shares valued at Rs. 19.86 crore and a 6.37% cash dividend (including tax) amounting to Rs. 14.66 crore.
Additionally, the AGM will cover the endorsement of the auditor’s report, along with profit and loss statements, financial reports, and cash flow reports. The appointment of an auditor for the fiscal year 2079/80 is also on the agenda. Furthermore, there will be discussions about enhancing the facilities and allowances for the board of directors.
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Himalayan Reinsurance ko ipo demat ma ako xaina ta ?
Sabai ko demat ma ipo Ayo vanxan, mero ma ta ajhai ako xaina ta?
View on r/NepalStock by Mystery2058
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Himalayan Reinsurance Limited Premium Share ho ki Ordinary since it’s at 206?
Was having this queries since very long so would really appreciate if you would answer it!
View on r/NepalStock by itslakha_