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Promoters Auction Shares: Prabhu Bank (PRVU) and Kumari Bank (KBL) Initiatives for Existing Shareholders 3
Business | Market | Economy

Promoters Auction Shares: Prabhu Bank (PRVU) and Kumari Bank (KBL) Initiatives for Existing Shareholders

The current promoters of Prabhu Bank Limited (PRVU) have initiated the auctioning of 7,53,892 unit shares exclusively to its existing promoter shareholders, starting today. Eligible shareholders are invited to participate in the bidding process within 35 days from the publication date of this notice, which is the 11th of Falgun. Bids should be submitted at

Ghalemdi Hydro's 200% Rights & Miteri Bank's 9.50% Bonus Shares Listed on NEPSE 5
Business | Market | Economy, NEPSE NEWS

Ghalemdi Hydro’s 200% Rights & Miteri Bank’s 9.50% Bonus Shares Listed on NEPSE

  NEPSE has listed 1,10,00,000 units of right shares for Ghalemdi Hydro Limited (GHL). Previously, GHL issued a 1:2 ratio right share, totaling the same number of units, from 10th Mangsir to 16th Poush, 2080. However, only 77,82,276 units were taken up by eligible shareholders, leaving 32,17,724 units unsubscribed. These remaining shares were auctioned off

Last Day for HRL and Asian Life Insurance Dividend Grab 7
Dividend

Last Day for HRL and Asian Life Insurance Dividend Grab

Today marks the deadline to avail the 5.789% dividend offered by Himalayan Reinsurance Limited (HRL). The company has scheduled its 3rd Annual General Meeting (AGM) for 20th Falgun, 2080, to be held at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, starting at 11:00 AM. In the 55th board meeting held on Magh 25, it was decided

Central Finance: No Dividends for FY 2079/80 9
Dividend

Central Finance: No Dividends for FY 2079/80

Central Finance Limited (CFCL) has announced that it will not be giving out any dividends for the Fiscal Year 2079/80. This decision was reached during the 335th Board Meeting held on Falgun 04. However, it’s essential to understand that this decision is dependent on the approval of the financial statements by the regulatory authority, Nepal

Garima Bikas Bank's 9.50% Bonus Shares Listed on NEPSE 15
NEPSE NEWS

Garima Bikas Bank’s 9.50% Bonus Shares Listed on NEPSE

  NEPSE has listed 49,28,302.71 unit bonus shares of Garima Bikas Bank Limited (GBBL). During the company’s 22nd AGM held on Poush 29, 2080, it approved a 10% dividend for the fiscal year 2079/80. The endorsed dividend includes 9.50% bonus shares valued at Rs. 49.28 crores and a 0.50% cash dividend (for tax purposes) totaling

Deadline for Sarbottam Cement's Local IPO Today 23
IPO | FPO

Deadline for Sarbottam Cement’s Local IPO Today

  Sarbottam Cement plans to issue 12.9033% of its total issued capital, which amounts to Rs 4.65 billion. This equates to 6 million shares, valued at Rs 6 billion. Initially, 40% of these shares, totaling 2.4 million, were allocated to Qualified Institutional Investors (QIIs), leaving 60% for the general public. Of the 3.6 million shares

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