The Nepal Stock Exchange (NEPSE) Index recorded a decline of 17.23 points or 0.82% compared to the previous day’s closing, concluding at 2,070.84 points. The index had suffered a substantial double-digit loss of 21.03 points in the preceding trading session. The day commenced with the index opening at 2089.89, hitting an intraday low of 2,055.35, […]
Universal Power Company Limited (UPCL) has announced its Annual General Meeting (AGM) scheduled for the 29th of Poush, 2080. The meeting is set to take place at the Company Register’s Office in Tripureshwor, Kathmandu, starting at 12:15 pm. The proposed agendas for the AGM include the endorsement of the company’s annual report and the approval
Purwanchal Lube Oil Limited has scheduled its 24th Annual General Meeting (AGM) for the 29th of Poush, 2080. The venue for the meeting is set to be the Company Register Office in Sundarharaicha, Morang, Biratchowk, commencing at 11 AM on the specified day. The proposed agendas for the AGM include the endorsement of the company’s
The price of gold has experienced an uptick, rising by Rs. 600 per tola (fine gold) in today’s trading compared to Monday’s rates. The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reports that fine gold is currently being traded at Rs. 1,20,500 per tola, reflecting a Rs. 600 increase from Monday’s trading price
The Securities Exchange Board of Nepal (SEBON) has given its approval to the initial public offering (IPO) proposal of Sarbottam Cement Limited on Poush 3, 2080. Notably, this marks the first instance of a company issuing an IPO under the book-building system in Nepal. Sarbottam Cement Limited has been granted permission to release 3,600,000 unit
The Government of Nepal has joyously declared Monday, the 9th of Poush, and Tuesday, the 10th of Poush, as public holidays to celebrate ‘Christmas Day,’ ‘Udhauli Parva,’ and ‘Yomari Punhi,’ showcasing its commitment to embracing the cultural and religious diversity of the nation. Globally observed on December 25th, Christmas Day commemorates the birth of Jesus
Hospital for Advanced Medicine and Surgery Limited, also known as Hams Hospital, has taken a significant stride towards entering the capital market by submitting an application for an Initial Public Offering (IPO) to the Nepal Securities Board. Muktinath Capital Limited manages this endeavor, where the hospital intends to make 1,125,000 shares available for sale to
Garima Bikas Bank Limited (GBBL) has announced its 17th Annual General Meeting (AGM) scheduled for Poush 29, 2080. The venue for the meeting is set at Hotel Pokhara Grande in Pokhara, Kaski. One of the key agenda items for the AGM is the endorsement of a 10% dividend for the fiscal year 2079/80. This decision
Muktinath Bikas Bank Limited (MNBBL) has announced its 17th Annual General Meeting (AGM) scheduled for the 28th of Poush, 2080, to be held at City Square in New Road, Pokhara, starting at 10 AM. Among various agenda items, the AGM is set to approve a 10.2632% dividend for the fiscal year 2079/80. This decision was
The Nepal Stock Exchange Limited (NEPSE) has announced the convening of its 42nd Annual General Meeting (AGM) scheduled for the 29th of Poush, 2079. The meeting is slated to take place at the Nepal Stock Exchange Limited, located on Shanti Marg in Kathmandu, starting at 11 am. The key agenda items for the AGM include
The Gupteshwor Mahadev Cave in Chhorepatan, Pokhara, renowned for its historical and religious significance, has announced an impressive annual revenue of 54.2 million rupees. As a favored destination among tourists exploring Pokhara, the cave attracts visitors for its cultural and religious importance. Information disclosed during the 28th Annual General Meeting of the Gupteshwor Mahadev Cave
Mahalaxmi Bikas Bank Limited (MLBL) has scheduled its 22nd Annual General Meeting (AGM) for the 28th of Poush, 2080. The venue for the meeting is set at Lainchour Banquet in Lainchaur, Kathmandu, starting at 10 am. One of the key agenda items for the AGM is the endorsement of a 6.40% cash dividend for the
