Himalayan

Himalayan Laghubitta Bittiya Sanstha (HLBSL) Alters Ownership Structure with Conversion of Promoter Shares to Public Shares 5
Business | Market | Economy

Himalayan Laghubitta Bittiya Sanstha (HLBSL) Alters Ownership Structure with Conversion of Promoter Shares to Public Shares

A significant development has occurred with Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL), where 287,836 units of the company’s promoter shares have recently been transformed into public shares. This transformation has altered the ownership structure of HLBSL, resulting in a new ratio of 51% promoter shares to 49% public shares. To provide a clearer picture of

"Himalayan 80-20 Mutual Fund Scheme Receives Strong Demand" 9
Business | Market | Economy

“Himalayan 80-20 Mutual Fund Scheme Receives Strong Demand”

  Himalayan Capital’s mutual fund scheme, Himalayan 80-20, has witnessed significant demand, with applications exceeding the available units by 1.076 times, as reported by the Central Depository System and Clearing Limited (CDSC). The application period ended with more applications than units available. By 5:06 p.m. on Friday, the scheme had received applications for 9.14 crores

"Himalayan 80-20 Public Offering: Your Comprehensive Guide" 11
IPO | FPO

“Himalayan 80-20 Public Offering: Your Comprehensive Guide”

  The “Himalayan 80-20” mutual fund scheme is backed by Himalayan Bank and overseen by Himalayan Capital. This marks the debut mutual fund for Himalayan Capital. Himalayan Bank Limited, founded in 1993 as a partnership with Pakistan’s Habib Bank Limited, has been a prominent force in Nepal’s banking sector. The bank has consistently led by

"Himalayan Laghubitta's Q4 Sees Shrunken Operating Profit and Net Profit Due to Core Business Revenue Decline." 13
Business | Market | Economy

“Himalayan Laghubitta’s Q4 Sees Shrunken Operating Profit and Net Profit Due to Core Business Revenue Decline.”

In the last quarter of fiscal year 2079-80, the company witnessed a significant decline in both Net Operating Profit (core revenue) and Operating Profit, dropping by 24.52 percent and 79.04 percent, respectively. The core revenue shrank by nearly a quarter, reaching Rs. 20.23 crores. Additionally, the company faced Rs. 1.32 crore in impairment charges, impacting

Existing Promoter of Himalayan Bank Limited Initiates Auction of 21,86,575 Shares for Promoter Shareholders 17
IPO | FPO

Existing Promoter of Himalayan Bank Limited Initiates Auction of 21,86,575 Shares for Promoter Shareholders

The current promoter of Himalayan Bank Limited (HBL) has initiated an auction process for 21,86,575 units of shares. This auction is exclusively available to existing promoter shareholders and commenced on the 7th of Jestha, 2080. The auction specifically targets existing promoters, who have the opportunity to submit their bids within a period of 35 days

HEI Lists 615,983 Unit Bonus Shares on NEPSE 23
NEPSE NEWS

HEI Lists 615,983 Unit Bonus Shares on NEPSE

Recently, Himalayan Everest Insurance Limited (HEI) successfully listed 615,983 unit bonus shares on the Nepal Stock Exchange (NEPSE). This development comes after the company held its 29th Annual General Meeting (AGM) on the 29th of Chaitra, where significant decisions were made. During the AGM, the board of directors approved a 2.89% dividend for the fiscal

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