Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO) has suggested a 15% cash dividend for the fiscal year 2078/79. In their 78th meeting on Chaita 10, 2079, the company proposed a dividend of 73.6842%, combining bonus and cash dividends (including tax), using the accumulated profit from the previous financial year. However, Nepal Rastra Bank later approved a dividend of 17.9342% on Baisakh 04, 2080.
Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has successfully acquired Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) and listed an additional 2,600,000 shares on the Nepal Stock Exchange (NEPSE). This acquisition was based on a 1:1 swap ratio, and the companies finalized the deal with a Memorandum of Understanding (MoU) on March 29, 2079. Before the acquisition, RULB had 2,600,000 listed shares, while ALBSL had 3,816,161 shares. The combined entity now has a total of 6,416,161 shares, equivalent to Rs 64.16 Crores in paid-up capital.
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 its overall profitability negatively.
NMB Laghubitta Bittiya Sanstha Limited (NMBMF) has listed 6,55,862.862 unit bonus shares on the Nepal Stock Exchange (NEPSE). In their 10th Annual General Meeting held on 15th Baisakh, the company approved a 10.5263% dividend for the fiscal year 2078/79. This dividend includes 10% bonus shares valued at Rs. 6.55 crores and a 0.5263% cash dividend (for tax purposes) worth Rs. 34.51 lakhs. These bonus shares have now been officially listed on NEPSE.
NIC Asia Bank Limited (NICA) is offering 4,00,000 units of its promoter shares through an auction open to the qualified general public and institutions. The auction is taking place from the 9th Shrawan to the 18th Shrawan, 2080. Interested bidders can participate with a minimum bid rate of Rs. 375 per share, and the minimum bid quantity is 1000 units. While bidders can bid for the entire share offering, they must adhere to Nepal Rastra Bank’s regulations to avoid exceeding the specified quantity of shares per entity.
Manakamana Smart Laghubitta Bittiya Sanstha Limited (MKLB) has recently listed 67,329.11 unit bonus shares on the Nepal Stock Exchange (NEPSE). The company held its 5th Annual General Meeting on Chaitra 16 and approved a 5% dividend amounting to Rs. 70.87 lakhs for the fiscal year 2078/79. During the 79th board meeting on Magh 16, they decided to distribute the dividend on the paid-up capital of Rs. 14.17 crores. The proposed dividend includes 4.75% bonus shares worth Rs. 67.32 lakhs and 0.25% cash dividend worth Rs. 3.54 lakhs.
In today’s trading session, the NEPSE index concluded at 2,165.24, reflecting a notable double-digit gain of 11.17 points or 0.52% compared to the previous day’s closing. The index had experienced a surge of 9.91 points in the trading session prior to today’s.
The trading day commenced with the NEPSE index opening at 2,154.02. Throughout the day, it demonstrated some downward momentum, reaching an intraday low of 2,141.82. However, it also reached an intraday high of 2,174.63 before settling at its closing value of 2,165.24.
During the day’s trading activities, a total of 260 scrips were exchanged in 51,445 transactions. The volume of shares traded amounted to 8,674,109, resulting in a total turnover of Rs. 3.34 Arba.
Among the various stocks, United Ajod Insurance Limited (UAIL) displayed the highest turnover, with a significant amount of Rs. 23.57 crores, closing at a market price of Rs. 631. The shares of KBL were the most actively traded.
In terms of individual stock performance, BPW Laghubitta Bittiya Sanstha Limited (BPW) recorded the highest gain of 10% and reached the positive circuit for the day, indicating strong market demand for the stock.
Conversely, NIBL Samriddhi Fund -2 (NIBSF2) experienced the highest decline of 9.64%, indicating a negative performance for this particular stock.
As for sector indices, five of them ended the day with gains. The “Trading” sector witnessed the highest gain, increasing by 4.83%. However, the “Others” sector registered the highest loss, declining by 0.96%.
Overall, the trading session showed a positive trend for the NEPSE index, with some sectors performing particularly well, while others faced minor losses.
The NEPSE index concluded today’s trading session at 2,154.07, showing a modest single-digit increase of 9.91 points or 0.46% compared to the previous day’s closing. However, it is worth noting that the index experienced a significant surge of 47.07 points in the previous trading session.
The trading day commenced with the index opening at 2,147.69 and displayed some downward momentum by reaching an intraday low of 2,146.52. However, it also reached an intraday high of 2,171.13 before ultimately settling at its closing value of 2,154.07.
Throughout the day, a total of 255 scrips were traded in 56,476 transactions. The trading volume amounted to 8,676,438 shares, resulting in a turnover of Rs. 3.54 Arba.
Among the various stocks, Swabalamban Laghubitta Bittiya Sanstha Limited (SWBBL) had the highest turnover, with a value of Rs. 21.77 crores, and closed at a market price of Rs. 875. The shares of HLI were the most actively traded.
In terms of individual stock performance, BPW Laghubitta Bittiya Sanstha Limited (BPW) recorded the highest gain of 10%, while United Ajod Insurance Limited (UAIL) rose by 9.99%, reaching the positive circuit for the day. Conversely, Sanima Large Cap Fund (SLCF) experienced the most significant decline of 5.14%.
Regarding sector indices, six of them ended the day in negative territory. The “Non-Life Insurance” sector witnessed the highest gain, increasing by 1.55%. On the other hand, the “Hotel and Tourism” sector registered the most significant loss, declining by 1.45%.
A total of 3,29,959.37 unit bonus shares of Kisan Laghubitta Bittiya Sanstha Limited (KLBSL) have been listed on the Nepal Stock Exchange (NEPSE). This listing marks the inclusion of the bonus shares in the trading system.
During the company’s 4th Annual General Meeting held on 28th Chaitra, a dividend of 7.3684% was endorsed for the fiscal year 2078/79, amounting to Rs. 3.47 crores. This dividend was approved from the company’s paid-up capital of Rs. 47.13 crores. The decision made during the 112th board of directors meeting held on Falgun 09 included the distribution of 7% bonus shares worth Rs. 3.29 crores and a cash dividend of 0.3684% (for tax purposes) worth Rs. 17.36 lakhs.
KLBSL’s last closing price on the previous Thursday was recorded at Rs. 710. This provides an indication of the company’s stock performance in the market.
In summary, 3,29,959.37 unit bonus shares of KLBSL have been listed on NEPSE. The company’s 4th AGM endorsed a dividend of 7.3684%, which includes bonus shares and cash dividend. KLBSL’s last recorded closing price was Rs. 710.
Mithila Laghubitta Bittiya Sanstha Limited (MLBBL) has announced a change in the proportion of shares held by the company’s promoters and the public. The previous ratio of 60% held by promoters and 40% held by the public will be adjusted to 51% for promoters and 49% for the public. The company has requested shareholders who do not wish to convert their founder shares into public shares to submit a self-declaration within seven days from the publication date of the notice. The declaration should be made at the company’s corporate office located in Mithila Municipality-5, Dhalkewar, Dhanusha.
Summit Laghubitta Bittiya Sanstha Limited’s Bonus Shares Listed in NEPSE
The listing of 6,70,000 unit bonus shares of Summit Laghubitta Bittiya Sanstha Limited (SMFDB) has been completed in NEPSE. During the company’s 14th Annual General Meeting held on 3rd Ashad, a dividend of 14.276582% was approved for the fiscal year 2078/79. In a board meeting on Falgun 15, it was decided to distribute 13.56% bonus shares worth Rs. 6.70 Crores and a cash dividend of 0.713829% worth Rs. 35.26 Lakh on the paid-up capital of Rs. 49.40 crores. As of the latest update, the Last Traded Price (LTP) for SMFDB stands at Rs. 945.
Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has announced that today is the final day to avail the dividend they have proposed. The company has scheduled its 9th Annual General Meeting (AGM) on the 22nd of Ashad, 2080. The AGM will take place at The Dhulikhel Lodge Resort in Dhulikhel, Kavrepalanchowk, starting from 11 AM. One of the important matters to be addressed during the meeting is the endorsement of a 15% dividend for the fiscal year 2078/79. The board of directors has decided to distribute this dividend on the paid-up capital of Rs. 13.20 Crores. They have proposed 10% bonus shares worth Rs. 1.32 crores and a 5% cash dividend amounting to Rs. 66 lakhs.