Tag: Laghubitta

  • SKBBL Lists 47,47,555.941 Unit Bonus Shares on NEPSE

    SKBBL Lists 47,47,555.941 Unit Bonus Shares on NEPSE


    Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) has recently listed a whopping 47,47,555.941 unit bonus shares on the Nepal Stock Exchange (NEPSE). This development follows the company’s 22nd Annual General Meeting (AGM) held on 29th Poush, 2080.

    During the AGM, SKBBL’s shareholders were delighted to hear about the approval of a generous 15% dividend for the fiscal year 2079/80. This dividend included 14.25% bonus shares and 0.75% cash dividend (inclusive of tax), showcasing SKBBL’s commitment to rewarding its investors.

    The newly listed bonus shares are now available for trading on NEPSE, providing shareholders and potential investors with enhanced opportunities for investment and growth. As of the latest update, SKBBL’s closing price stands at Rs. 822.00, reflecting positive market sentiment and investor confidence in the company’s performance.

    This listing of bonus shares on NEPSE not only benefits existing shareholders by increasing the value of their investments but also attracts new investors looking for promising opportunities in the financial market. SKBBL’s strong financial standing and strategic decisions continue to position the company as a reliable and attractive investment option in Nepal’s growing economy.

    Stay tuned for more updates on financial news and market trends as we continue to bring you the latest developments shaping the investment landscape.

  • NLBBL and MMFDB Merger Finalized: NEPSE Issues Circular on Share Transaction Suspension

    NLBBL and MMFDB Merger Finalized: NEPSE Issues Circular on Share Transaction Suspension


    The final steps for the merger between Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) have recently been concluded. In accordance with Section 9 (3) of the Merger and Acquisition Directive 2079 Act, the Nepal Stock Exchange (NEPSE) has issued a circular, officially suspending share transactions of the company as outlined in Section 9 (3) of the Directory 2079.

    The merger agreement between NLBBL and MMFDB, sealed at a swap ratio of 1:1, has determined the formation of a new entity named “Nerude Mirmire Laghubitta Bittiya Sanstha Limited.” This new company is slated to commence joint operations on Falgun 30, marking the beginning of a consolidated business approach.

    Currently, NLBBL holds a paid-up capital of Rs. 73.20 Crores, while MMFDB’s paid-up capital stands at Rs. 66.57 Crores. The merger signifies a strategic combination of financial strengths and resources from both entities, aiming to enhance their overall market position and operational capabilities.

    In the current scenario, NLBBL and MMFDB are valued at Rs. 595.00 and Rs. 580.00, respectively, based on their Last Traded Prices (LTP). This reflects the market’s anticipation and response to the forthcoming merger, showcasing potential implications for the stock values of the involved entities.

  • National Laghubitta Calls 10th AGM to Discuss 15% Dividend for FY 2079/80

    National Laghubitta Calls 10th AGM to Discuss 15% Dividend for FY 2079/80


    National Laghubitta Bittiya Sanstha Limited (NMFBS) has convened its 10th Annual General Meeting (AGM) scheduled for March 16, 2080. The AGM will take place at Dhulikhel Lodge Resort, Dhulikhel, Kavrepalanchowk, commencing at 10:30 AM. Among the proposed agendas, the AGM will consider endorsing a 15% dividend for the fiscal year 2079/80. The decision was made during the 163rd board of directors meeting on Magh 22. The proposed dividend includes 7.5% bonus shares and 7.5% cash dividend (for tax purposes), totaling Rs. 32.52 crores based on the paid-up capital of Rs. 1.08 Arba.

    Additionally, the AGM will address other items such as approving the auditor’s report, including profit and loss statements, financial reports, and cash flow reports. The appointment of an auditor for the fiscal year 2080/81 will also be discussed.

    The book closure date is set for Falgun 30, and shareholders maintained before this date will be eligible for the dividend payout and are welcome to attend the AGM.

  • Jalpa Samudayik Laghubitta & Kisan Laghubitta Call AGMs to Approve Merger Proposal

    Jalpa Samudayik Laghubitta & Kisan Laghubitta Call AGMs to Approve Merger Proposal


     

    Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) and Kisan Laghubitta Bittiya Sanstha Limited (KLBSL) have scheduled their respective 5th Annual General Meetings (AGMs) on the same date, 9th Chaitra, 2080. JALPA’s AGM will take place at The SR Hotel in Tilottama, Rupandehi, starting at 9:00 AM, while KLBSL’s AGM will be held at Taaj Palace in Golfutar, Kathmandu, beginning at 11:00 AM. Both meetings aim to discuss and potentially approve a proposal for the merger between the two organizations.

     

  • Janautthan Samudayic Laghubitta Shareholders to Receive No Dividends for FY 2079/80

    Janautthan Samudayic Laghubitta Shareholders to Receive No Dividends for FY 2079/80


     

    Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSLBB) has declared that it won’t be distributing dividends for the Fiscal Year 2079/80. The decision was made during the 216th Board Meeting held on Falgun 12, 2080. However, it’s crucial to mention that this decision is subject to approval from Nepal Rastra Bank, the regulatory authority, and the upcoming Annual General Meeting of the company.

     

  • Why is Samaj Laghubitta and Bottlers Nepal always green for a long time now?

    Why is Samaj Laghubitta and Bottlers Nepal always green for a long time now?


    Samaj is rising continuously from its IPO. Bottlers Nepal is green for a long time. These companies are in a loss and do not deserve a bull.

    View on r/NepalStock by UKtheAsian

  • Last Day for Dividend: Siddhartha Premier Insurance & Swarojgar Laghubitta

    Last Day for Dividend: Siddhartha Premier Insurance & Swarojgar Laghubitta


     

    Today marks the deadline to claim the 11% cash dividend offered by Siddhartha Premier Insurance Limited (SPIL). The company has scheduled its 30th Annual General Meeting (AGM) for the 30th of Falgun, 2080. This gathering will take place at Lisara Receptions, Bhagwati Bahal, Kathmandu, commencing at 11:00 a.m.

    During the 19th Board of Directors meeting held on Magh 21, it was decided to distribute an 11% cash dividend, inclusive of taxes. The total value of this dividend amounts to Rs. 30.87 crores. SPIL currently maintains a paid-up capital of Rs. 2.80 Arba.

     

  • First Microfinance Laghubitta Bittiya Sanstha Limited Initiates Auction of 1,20,000 Promoter Shares Managed by Prabhu Bank Limited

    First Microfinance Laghubitta Bittiya Sanstha Limited Initiates Auction of 1,20,000 Promoter Shares Managed by Prabhu Bank Limited


    The current promoter of First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has initiated the sale of 1,20,000 units of promoter shares through an auction, which commenced on 7th Falgun and will continue until 11th Chaitra, 2080.

    The auction involves the sale of the entire 1,20,000 units of promoter shares, and interested promoter shareholders or institutions have the opportunity to participate by placing bids. The minimum bid rate set for the auction is Rs. 315. While bidders can submit bids for the entire share issue, they must adhere to the guidelines set by the Nepal Rastra Bank, ensuring that the specified quantity of shares per entity is not exceeded.

    The auction management is entrusted to Prabhu Bank Limited. It is essential for potential bidders to take note of the rules and regulations governing the auction process. As of the latest information, the Last Traded Price (LTP) of FMDBL stands at Rs. 606. This auction provides interested parties with the chance to acquire promoter shares at the prevailing market conditions, with Prabhu Bank Limited overseeing the transparent and fair conduct of the auction proceedings.

  • Deprosc Laghubitta Proposes 10.52632% Dividend; Bonus Shares and Cash Distribution Breakdown

    Deprosc Laghubitta Proposes 10.52632% Dividend; Bonus Shares and Cash Distribution Breakdown


     

    Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has proposed a dividend of 10.52632% for the fiscal year 2079/80. In a meeting held on Falgun 3, the 344th board of directors decided to distribute this dividend based on the paid-up capital of Rs. 1.55 Arba. The proposal includes 10% bonus shares and 0.52632% cash dividend for tax purposes. The value of the bonus shares is estimated at Rs. 15.51 crores, and the cash dividend amounts to Rs. 81.63 lakhs. However, the dividend distribution is subject to approval by the central bank and endorsement at the company’s upcoming AGM.

     

  • SEBON Adds Reliance Spinning Mills and Swastik Laghubitta Sanstha IPO Shares to Pipeline

    SEBON Adds Reliance Spinning Mills and Swastik Laghubitta Sanstha IPO Shares to Pipeline


    Reliance Spinning Mills Ltd.’s Initial Public Offering (IPO) has been submitted to SEBON’s IPO pipeline for approval. The company plans to offer 1,155,960 unit shares to the public, aiming to raise Rs. 94.88 crore. These shares will be priced at Rs. 820.80 each for general investors. The IPO will be conducted using the book-building method.

     

  • Jeevan Bikas Laghubitta Reports 32.87% Q2 Net Profit Decline, Core Revenue Slump, and Slight Deposit Rise

    Jeevan Bikas Laghubitta Reports 32.87% Q2 Net Profit Decline, Core Revenue Slump, and Slight Deposit Rise


    In its latest second-quarter report for the fiscal year 2080/2081, Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) reported a significant 32.87% decrease in net profit. The net profit for this quarter fell to Rs. 17.76 crore, down from Rs. 26.47 crore in the same period last year.

    Despite the decline in net profit, the company saw a slight 0.10% increase in deposits, reaching Rs. 10.04 Arba. However, there was a 7.61% decrease in loans and advances, which amounted to Rs. 24.53 Arba in this quarter.

     

  • Ganapati Laghubitta Q2: Net Profit and Revenue Decline; NPL at 4.66%

    Ganapati Laghubitta Q2: Net Profit and Revenue Decline; NPL at 4.66%


    Ganapati Laghubitta Bittiya Sanstha Limited (GMFBS) has published its second-quarter financial report for FY 2080/2081, indicating a 5.33% decrease in Net Profit. The net profit for this quarter fell to Rs. 1.07 Crores from Rs. 1.13 Crores in the same period last year.

    Moreover, the company experienced a 14.25% decrease in borrowings, totaling Rs. 1.49 Arba compared to the previous year. Additionally, loans and advances dropped by 17.89% to 2.05 Arba.