Tag: Laghubitta

  • Sabaiko Laghubitta Approves 18.95% Dividend for Fiscal Year 2078/79

    Sabaiko Laghubitta Approves 18.95% Dividend for Fiscal Year 2078/79


    Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has scheduled its 6th Annual General Meeting on the 26th of Falgun, 2079. The conference would begin at 10 a.m. that day at the Marsyangdi River View Resort in Bandipur.

    Among the other items on the agenda, the AGM will approve an 18.95% dividend of Rs. 5.11 crores for fiscal year 2078/79. On March 11, the board of directors resolved to disburse the dividend on the paid-up capital of Rs. 27 crores. Tax-free bonus shares of 18% and a cash dividend of 0.95% have been suggested. Thus, the bonus shares are worth little more than Rs. 4.86 crores, and the cash dividend is worth slightly more than Rs. 25.57 lakhs.

    There is also a plan to approve the auditor’s report containing PL statements, financial reports, and cash flow reports for fiscal year 2078/79 and select an auditor for fiscal year 2079/80. During the meeting, the proposal to provide the Board of Directors authority to monitor any company-related merger or acquisition procedures will be adopted.

    The book will be closed on February 14th. As a result, shareholders who held shares prior to that date are entitled to dividends and are welcome to attend this AGM.

  • Janautthan Samudayic Laghubitta proposes a 15.789% dividend of Rs 2.33 per share.

    Janautthan Samudayic Laghubitta proposes a 15.789% dividend of Rs 2.33 per share.


     

    For the fiscal year 2078/79, Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSLBB) has proposed a 15.7895% dividend worth Rs. 2.33 Crores.

    The board of directors decided on March 29 to distribute a 15.7895% dividend for fiscal year 2078/79, with 15% bonus shares and a 0.7895% cash dividend proposed from the paid-up capital of Rs. 14.79 Crores. As a result, the bonus shares are worth slightly more than Rs. 2.21 crore, and the cash dividends are worth Rs. 11.67 lakhs.

     

  • 10.526% Dividend Distribution of NADEP Laghubitta Has Been Canceled

    10.526% Dividend Distribution of NADEP Laghubitta Has Been Canceled


    From the 176th meeting of the board of directors of NADEP Laghubitta Bittiya Sanstha Limited (NADEP) held on Magh 10, the company had proposed 10% bonus shares and 0.526% cash dividend (tax purposes) from the distributable profits and accumulated profits of 2078/79.

    Previously, the Chitwan-based Deprosc Laghubitta (DDBL) signed an initial agreement to acquire Dhading-based Nadep Laghubitta on Poush 15, 2077. However, the disagreement in share ratio and employee structuring has led the companies to ditch the merger agreement.

     

  • Aatmanirbhar Laghubitta Completes Unit IPO Issue of 20,338 Shares

    Aatmanirbhar Laghubitta Completes Unit IPO Issue of 20,338 Shares


    Aatmanirbhar Laghubitta Bittiya Sanstha is closing the issue of 20,338 units of IPO shares for Nepalese citizens working abroad from today i.e. on 2nd Falgun, 2079. The issue opened on 16th Magh and was supposed to close yesterday i.e. 1st Falgun but since the government of Nepal has decided to announce Falgun 1 as People’s War Day, a public holiday, the issue has been extended till today.

    The issued capital of the company is Rs. 6.23 crores of which 32.625% i.e. 203,380 unit shares worth Rs. 2.03 crores have been set aside to the general public. Out of the total 203,380 units; 10% i.e. 20,388 units have been allocated for Nepalese citizens working abroad, whereas 1.5326% i.e 3,117 units have been set aside for the employees of the company, and 5% of the total offered shares i.e. 10,170 units have been set aside for the mutual funds.

     

  • Higher Impairment Charges Caused a 67.92% Drop in Kalika Laghubitta’s Net Profit

    Higher Impairment Charges Caused a 67.92% Drop in Kalika Laghubitta’s Net Profit


    Kalika Laghubitta Bittiya Sanstha (KMCDB) released its second-quarter report for FY 2079/2080, which showed a 67.92% decrease in net profit. According to the company’s report, net profit fell to Rs. 2.69 crores from Rs. 8.40 crores in the previous year’s corresponding quarter.

    The decrease in growth profit is primarily due to impairment charges totaling Rs. 1.66 crores. Net interest income (core revenue) has also decreased by 9.23% to Rs. 13.7 crores from Rs. 15.16 crores in the same quarter last year.

     

  • Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend;

    Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend;


    Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has called its 11th AGM on 29th Falgun, 2079. The meeting will be held in Bougainvilla Events, Tripureshwor-11, Kathmandu, starting from 11 AM that day.

    Among the other agendas, the AGM will endorse an 11.58% dividend for the fiscal year 2078/79. The board of directors meeting decided to distribute the dividend on the paid-up capital of Rs. 28.81 Crores11% bonus shares and 0.58% cash dividend (for tax purposes) have been proposed by the company. Thus, the bonus shares are worth slightly over Rs. 3.16 crores and the cash dividend is worth slightly over Rs. 16.68 lakhs. The meeting will also elect an independent director and convert the promoter to public shareholding ratio from 60: 40 to 51:49.

     

  • The NEPSE Index fell 60.88 points to close at 2,121.75.

    The NEPSE Index fell 60.88 points to close at 2,121.75.


    The NEPSE index finished at 2,121.75 today, down 60.88 points from the previous trading day’s close. This is a 2.79% decrease. Yesterday, the index rose 12.45 points.

    Today’s opening price for the index is 2,181.2, which is also the intraday high. It dropped as low as 2,117.67 before closing at 2,121.75.

    Through 51,226 transactions, 253 scrips changed hands. A total of 8,139,840 shares were traded for a total of Rs. 2.062 Arba in turnover. This is less than the previous day’s turnover of Rs. 3.047 Arba.

    Himalayan Distillery Limited (HDL) closed at a market price of Rs. 2,605 per share with the highest turnover of Rs. 14.37 crores. The most traded shares were those of NGPL.

    Khaptad Laghubitta Bittiya Sanstha Limited (KLBS) gained the most for the day, 4.48%.

    Ngadi Group Power Ltd. (NGPL) suffered the most loss today, falling 6.60%.

    All sector indexes finished in the red today, with “Finance” losing the most 4.70% and “Mutual Fund” losing the most 0.83%.

     

     

  • Chhimek Laghubitta Core Business Revenue Rises By 28.13% in Q2

    Chhimek Laghubitta Core Business Revenue Rises By 28.13% in Q2


    Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) published the second-quarter report of FY 2079/2080 with a rise in Net Profit by 11.56%. As per the report published by the mChhimek Laghubitta Bittiya Sanstha Limited (CBBL) reported an 11.56% increase in Net Profit in the second quarter of FY 2079/2080. According to the microfinance company’s report, net profit increased to Rs. 55.60 crore from Rs. 49.84 crore in the previous year’s corresponding quarter. The company’s borrowings fell by 2.69% to Rs. 4.64 Arba from Rs. 4.77 Arba in the previous year’s corresponding quarter. The company’s deposits increased by 9.41% to Rs 29.56 Arba. In this quarter, the company’s loans and advances increased by only 1.39% to 33.53 Arba.icro finance company, the net profit increased to Rs. 55.60 Crores as compared to Rs. 49.84 crore in the corresponding quarter of the previous year.

     

  • Trading of Vijaya Laghubitta (VLBS) Suspended as the Company Declares Dividend By Violating NEPSE Guidelines

    Trading of Vijaya Laghubitta (VLBS) Suspended as the Company Declares Dividend By Violating NEPSE Guidelines


    The Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) transaction has been halted, according to the official notice of the Nepal Stock Exchange (NEPSE), since the business declared dividends to be given to shareholders without first receiving authorisation from NEPSE.

    At 6:35 PM on Magh 25, after business hours, Nepal Stock Exchange received the letter from VLBS regarding the dividend declaration for the Fiscal Year 2078/79. However, on Magh 10 itself, Vijaya Laghubitta held a meeting to suggest dividends to the shareholders.

     

  • NEPSE Index Retrace 2200 Levels Once More

    NEPSE Index Retrace 2200 Levels Once More


    The NEPSE index finished at 2,170.21 today, down 7.13 points from the previous trading day’s close. This is a 0.33% decrease. Yesterday, the index rose 76.64 points.

    The index started the day at 2,181.62 and reached an intraday high of 2,213.89. It dropped as low as 2,161.00 before closing at 2,170.21.Through 55,602 transactions, 257 scrips changed hands. A total of 10,502,649 shares were traded, totaling Rs. 3.691 Arba in activity. This is more than the previous day’s turnover of Rs. 3.362 Arba.The largest turnover was Rs. 11.28 crores by Nepal Reinsurance Company Limited (NRIC), which closed at a market price of Rs. 852 per share. API Power Company Ltd. (API) had the greatest trading volume.

    Terhathum Power Company Limited (TPC) gained the most for the day, 3.32%

    Adarsha Laghubitta Bittiya Sanstha Limited (ADLB) suffered the most loss today, falling 5.14%.

    Only one sector finished in the green today, “Others,” which gained 0.50%, while “Finance” dropped the most, 1.94%.

  • Asha Laghubitta (ALBSL) proposes a dividend of 21.0526% worth Rs 7.02 crores for fiscal year 2078/79.

    Asha Laghubitta (ALBSL) proposes a dividend of 21.0526% worth Rs 7.02 crores for fiscal year 2078/79.


    For the fiscal year 2078/79, Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has recommended a 21.0526% dividend of Rs. 7.02 Crores.

    The board of directors agreed on March 23 to disburse the dividend from the paid-up capital of Rs. 33.39 crores. A 20% bonus share and a cash dividend of 1.0526% (for tax purposes) have been suggested. Thus, the bonus shares are worth little more than Rs. 6.67 crores, while the cash dividend is worth slightly more than Rs. 35.14 lakhs.

    The dividend will be paid only after clearance from the central bank and approval from the company’s next AGM. ALBSL currently has an LTP of Rs. 996.

  • Mahila Laghubitta Calls 5th Annual General Meeting on February 21 to Support 50% Dividend

    Mahila Laghubitta Calls 5th Annual General Meeting on February 21 to Support 50% Dividend


    Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) has scheduled its 5th Annual General Meeting on 21st Falgun, 2079. The conference will begin at 11 a.m. that day at the Agantuk Resort in Dhulikhel.

    Among the other items on the agenda, the AGM will approve a 50% dividend of Rs. 7.37 crores for fiscal year 2078/79. On Poush 26, the 51st board of directors resolved to issue the dividend on the paid-up capital of Rs. 14.75 crores. There is a proposal for 47.5% bonus shares worth Rs 7 crores and a 2.5% cash dividend (including tax) of Rs 36.87 lakhs.

    There is also a plan to approve the auditor’s report containing PL statements, financial reports, and cash flow reports for fiscal year 2078/79 and select an auditor for fiscal year 2079/80. During the meeting, the proposal to provide the Board of Directors authority to monitor any company-related merger or acquisition procedures will be adopted. The meeting will also examine expanding the authorized, issued, and paid-up capital of the corporation.

    The book will be closed on February 5th. As a result, shareholders who held shares prior to that date are entitled to the dividend distribution and are welcome to attend this AGM.