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“Upper Lohore Hydropower Company Limited Announces IPO Updates: Closure for Nepalese Citizens Working Abroad and Extension for Project-Affected Locals”

Earnmoney.com.np / July 6, 2023

Upper Lohore Hydropower Company Limited has provided updates regarding its initial public offering (IPO) of shares. The IPO is now closed to Nepalese citizens working abroad as of the 21st of Ashad, 2080. However, the deadline for project-affected locals in the Dailekh District has been extended until the 5th of Shrawan. The IPO process started […]

Dividend

Announcement: Nepal Infrastructures Investment Fund Limited Calls 1st Special General Meeting to Discuss Key Agendas and Shareholder Participation

Earnmoney.com.np / July 6, 2023

Nepal Infrastructures Investment Fund Limited has announced its plans to hold the 1st Special General Meeting (SGM) on the 7th of Shrawan, 2080. The meeting will take place in Jhamsikhel, Lalitpur, and is scheduled to commence at 10 am on the aforementioned day. The SGM will address several important agendas that require the attention and

Dividend

“Ngadi Group Power Limited Proposes 100% Rights Shares for Shareholders to Address Funding Requirements”

Earnmoney.com.np / July 3, 2023

Ngadi Group Power Limited (NGPL) has proposed to offer 100% rights shares to its existing shareholders. The proposal was made during a recent Board of Directors meeting. NGPL’s Siurikhola Small Hydropower Project, located in Lamjung District, Gandaki Province, with a capacity of 4.95 MW, has been performing well due to regular maintenance. However, additional funds

IPO | FPO

Reliable Nepal Life Insurance Receives Permission for IPO at Premium

Earnmoney.com.np / June 30, 2023

Reliable Nepal Life Insurance has received approval from the Securities Board of Nepal (SEBON) to launch an initial public offering (IPO) with a premium. The IPO will offer shares at a price of Rs 257 per share, including a premium of Rs 157 above the face value of Rs 100. A total of 1.2

IPO | FPO

Existing Promoter of Himalayan Bank Limited Initiates Auction of 21,86,575 Shares for Promoter Shareholders

Earnmoney.com.np / June 22, 2023

The current promoter of Himalayan Bank Limited (HBL) has initiated an auction process for 21,86,575 units of shares. This auction is exclusively available to existing promoter shareholders and commenced on the 7th of Jestha, 2080. The auction specifically targets existing promoters, who have the opportunity to submit their bids within a period of 35 days

NEPSE NEWS

NEPSE Index Sees Minor Decline of 0.14% as Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB) Faces Significant Loss

Earnmoney.com.np / June 19, 2023

The NEPSE index concluded the trading day at 2,091.39 points, experiencing a slight decline of 2.94 points from the previous day’s closing. This translates to a loss of 0.14%. In contrast, the index had recorded a significant gain of 52.26 points in the previous session. At the start of the trading day, the index opened

NEPSE NEWS

Asian Life Insurance Company Limited Lists 24,71,894.42 Unit Bonus Shares on NEPSE, LTP at Rs. 695

Earnmoney.com.np / June 19, 2023

Asian Life Insurance Company Limited (ALICL) has successfully listed 24,71,894.42 unit bonus shares on the NEPSE (Nepal Stock Exchange). The company’s 15th Annual General Meeting (AGM), held on the 18th of Baisakh, approved an 8.947% dividend for the fiscal year 2078/79. Subsequently, in a meeting of the board of directors held on Falgun 30, it

Dividend

Samudayik Laghubitta Bittiya Sanstha Limited Calls 9th AGM for Fiscal Year 2078/79

Earnmoney.com.np / June 16, 2023

Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has scheduled its 9th Annual General Meeting (AGM) to take place on the 22nd of Ashad, 2080. The AGM will be held at The Dhulikhel Lodge Resort in Dhulikhel, Kavrepalanchowk, starting at 11 AM. One of the key agenda items to be discussed and endorsed during the meeting is

IPO | FPO

Upper Syange Hydropower Limited Announces IPO for General Public

Earnmoney.com.np / June 16, 2023

Upper Syange Hydropower Limited has released its offer letter, signaling its intention to issue an Initial Public Offering (IPO) to the general public. The company plans to issue 539,500 unit shares with a face value of Rs. 100 each, starting from the 10th of Ashad, 2080. The goal is to raise Rs. 5.39 crore through

Business | Market | Economy

Kumari Bank Limited to Auction Promoter Shares to Existing Promoter Shareholders

Earnmoney.com.np / June 14, 2023

Kumari Bank Limited (KBL) has announced an auction of 2,68,949 units of shares to existing promoter shareholders, starting from today, the 31st of Jestha, 2080. The auction is exclusively open to the existing promoters of KBL, who will have a period of 35 days from the date of this notice to submit their bids. Eligible

IPO | FPO, Business | Market | Economy

Himalayan Reinsurance Limited Reports Impressive Q3 Results

Earnmoney.com.np / June 13, 2023

Himalayan Reinsurance Limited (HRL) has released its third-quarter financial report for the ongoing fiscal year 2079/80, showcasing a net profit of Rs. 25.44 crores. This marks an increase compared to the corresponding quarter of the previous fiscal year when the company earned Rs. 19.64 crores. Notably, HRL has experienced a significant surge in net premium,

IPO | FPO

Nepal Republic Media Limited Concludes Oversubscribed IPO Issuance

Earnmoney.com.np / June 13, 2023

Nepal Republic Media Limited, the publication house behind Nagarik Nepali Daily, Republica English Daily, and Shukrabar Weekly, is closing the issuance of its Initial Public Offering (IPO) today, on Jestha 30, 2080. The IPO opened on Jestha 26, 2080. The company has an issued capital of Rs. 96.75 crores, out of which 44.99% or 43,53,000