Investing
Prabhu Bank (PRVU) Decides Against Dividend Distribution for FY 2079/80
Prabhu Bank Limited (PRVU) has declared that it will not be issuing any dividends for the Fiscal Year 2079/80. The decision was reached during the Board Meeting held on Magh 08, 2080. It is important to note that the distribution of dividends is contingent upon the approval of the financial statements by Nepal Rastra Bank […]
Read More Decides Against Dividend Distribution for FY 2079/80){kind=link}
Kutheli Bukhari Small Hydropower (KBSH) Ends Lock-In: 6,093 Mutual Fund Shares Unlocked
Kutheli Bukhari Small Hydropower Limited (KBSH) has notified its investors and stakeholders about the recent expiration of the lock-in period for 6,093 unit shares held by Mutual Funds. This lock-in period, as per the directives from the Securities Board of Nepal (SEBON), had commenced on Kartik 20, 2080, and concluded on Magh 6, 2080. Among […]
Read More Ends Lock-In: 6,093 Mutual Fund Shares Unlocked){kind=link}
Ghalemdi Hydro Limited Initiates Auction of Unclaimed Right Shares for Public Offering
Ghalemdi Hydro Limited (GHL) has initiated the auction of its unclaimed right share portion starting today, 9th Magh, and concluding on 23rd Magh, 2080. The company is auctioning 32,17,724 units of ordinary right shares, representing the unclaimed segment from its previous 1:2 ratio right share issue, conducted from 10th Mangsir to 16th Poush, 2080. Only […]
Read More
NIMB Ace, Mount Everest Power: 2.58M shares (30%) for 12MW Dudhkunda Khola Project
NIMB Ace Capital Limited and Mount Everest Power Development Limited have entered into an agreement for the issuance of 2,580,000 ordinary shares. These shares will be made available to local residents in areas affected by the project and the general public, constituting 30 percent of the total issued capital. The signing ceremony included Mr. Arjun […]
Read More for 12MW Dudhkunda Khola Project){kind=link}
Nepal Stock Exchange: Small Dip, Some Gains, and Sector Highlights
The Nepal Stock Exchange (NEPSE) Index concluded with a marginal loss of 0.40 points or 0.01% compared to the previous day, settling at 2,098.29 points. In the preceding trading session, the index had faced a more substantial loss of 31.49 points. The day commenced with the index opening at 2,096.99 and fluctuated throughout, hitting an […]
Read More
Nepal Life Insurance: No Dividend Distribution for FY 2078/79
Nepal Life Insurance Company Limited (NLIC) announces its decision to forgo the distribution of dividends for the Fiscal Year 2078/79, following the resolution made during its 367th Board Meeting held on Magh 7, 2080. The company, subject to approval from the regulatory authority, Nepal Insurance Authority, and the impending Annual General Meeting, has opted […]
Read More
Infinity Laghubitta’s AML/CFT and Quality Growth Training: Empowering Employees for Excellence
Infinity Laghubitta Bittiya Sanstha Limited demonstrates its commitment to excellence and regulatory compliance by conducting AML/CFT (Anti-Money Laundering/Counter Financing of Terrorism) & Quality Growth Training for all branch office employees in Bara, Parsa, and Rautahat within the Madhesh Province. Under the leadership of Mr. Gyanishwor Panta, Deputy Chief Executive Officer and program chair, the training […]
Read More
Shangri-la Development Bank Promoter Shares Auction Commences Today!
Shangri-la Development Bank Limited (SADBL) presents a unique investment opportunity as its existing promoters initiate the auction of 1,76,040 units of shares to both the general public and institutions starting from the 8th of Magh, 2080. In this exclusive offering, Nawaraj Bajagain is set to sell 5,030 units, while Iman Bahadur Gurung plans to […]
Read More
Nepal Investment Mega Bank Q2 Report: 13.62% Net Profit Decline Amid Strong Financial Position
Nepal Investment Mega Bank Limited (NIMB) has recently disclosed its financial performance for the second quarter of fiscal year 2080/81, indicating a 13.62% decrease in net profit, which now stands at Rs 1.08 Arba. Despite the decline in net profit, the bank remains in a strong financial position with a total paid-up capital of Rs. […]
Read More
Gold Prices Rise by Rs. 400, Silver Dips Rs. 5 per Tola in Nepal
Gold continues to display its allure with a daily price surge of Rs. 400 per tola, while silver, on the other hand, experiences a marginal decline of Rs. 5 per tola. As reported by the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading value for fine gold stands at Rs. 118,400 […]
Read More