Limited

Akama Hotel Schedules SGM to Issue IPO at Rs. 50 1
IPO | FPO

Akama Hotel Schedules SGM to Issue IPO at Rs. 50

  Akama Hotel Limited has scheduled a Special General Meeting (SGM) for the 14th of Falgun, 2080. The meeting will take place at the company’s registered office located in Akama Hotel, Dhumbarahi, Kathmandu, starting at 11:30 AM. One of the key agendas for the meeting is to propose issuing an Initial Public Offering (IPO) to […]

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Ridi Power Company Limited (RIDI) Announces Book Closure Date for 50% Right Shares, Valued at Rs. 77.44 Crores 3
Business | Market | Economy

Ridi Power Company Limited (RIDI) Announces Book Closure Date for 50% Right Shares, Valued at Rs. 77.44 Crores

Ridi Power Company Limited (RIDI) has disclosed the book closure date for its upcoming 50% right shares, set for the 22nd of Magh, 2080. Shareholders holding shares until Magh 21 will be eligible for the rights offering. The company is set to issue 50% right shares valued at Rs. 77.44 Crores, involving the issuance of […]

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Last Trading Day for Himalayan Everest Insurance Dividend – Act Now! 5
Dividend

Last Trading Day for Himalayan Everest Insurance Dividend – Act Now!

Investors of Himalayan Everest Insurance Limited (HEI) are urged to seize the opportunity as today marks the final day to avail the enticing 15% dividend proposed by the company. The decision was reached during the 317th board of directors meeting on Poush 25, where it was resolved to distribute dividends based on the paid-up capital […]

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Sanima GIC Insurance Limited: No Dividend Declared for FY 2079/80 7
Dividend

Sanima GIC Insurance Limited: No Dividend Declared for FY 2079/80

  Sanima GIC Insurance Limited (SGIC) has recently announced its decision to refrain from distributing dividends for the Fiscal Year 2079/80. The resolution was reached during the 134th Board Meeting of SGIC, held on Magh 10, 2080. The decision not to distribute dividends stems from a careful consideration of various factors and aligns with the […]

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Prabhu Bank (PRVU) Decides Against Dividend Distribution for FY 2079/80 9
Dividend

Prabhu Bank (PRVU) Decides Against Dividend Distribution for FY 2079/80

Prabhu Bank Limited (PRVU) has declared that it will not be issuing any dividends for the Fiscal Year 2079/80. The decision was reached during the Board Meeting held on Magh 08, 2080. It is important to note that the distribution of dividends is contingent upon the approval of the financial statements by Nepal Rastra Bank […]

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Citizens Bank Q2 Report: Profits Dip 6.96%, Challenges Emerge 11
Business | Market | Economy

Citizens Bank Q2 Report: Profits Dip 6.96%, Challenges Emerge

Citizens Bank International Limited (CZBIL) has disclosed its financial performance for the second quarter of fiscal year 2080/81, revealing a 6.96% decline in net profit to Rs 78.27 Crores. The bank’s total paid-up capital is reported at Rs. 14.20 Arba, with reserves amounting to Rs. 6.77 Arba. However, retained earnings have recorded a negative value […]

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National Laghubitta Bittiya Sanstha Limited Initiates Auction of 63,242 Shares to General Public 13
Business | Market | Economy

National Laghubitta Bittiya Sanstha Limited Initiates Auction of 63,242 Shares to General Public

The current promoters of National Laghubitta Bittiya Sanstha Limited (NMFBS) have initiated the auction of 63,242 units of shares to the general public, starting from the 4th of Magh, 2080. Individuals interested in acquiring these shares are invited to participate in the auction, with a deadline of 10 days from the publication date of this […]

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Sanima Bank Lists 1,12,14,103.55 Units of Bonus Shares on NEPSE 15
NEPSE NEWS

Sanima Bank Lists 1,12,14,103.55 Units of Bonus Shares on NEPSE

Sanima Bank Limited (SANIMA) has successfully listed 1,12,14,103.55 units of bonus shares on the Nepal Stock Exchange (NEPSE). This follows the company’s 19th Annual General Meeting (AGM) held on 2nd Kartik, 2080, where a dividend of 14.7% for the fiscal year 2079/80 was endorsed. The proposed dividend included 9% bonus shares and a 5.7% cash […]

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SEBON Approval: Ridi Power and Arun Valley Hydropower Set to Issue Right Shares for Expansion 17
Dividend

SEBON Approval: Ridi Power and Arun Valley Hydropower Set to Issue Right Shares for Expansion

“The Securities Board of Nepal (SEBON) has given the green light to the rights offering proposals of two hydropower companies, Ridi Power Company Limited (RIDI) and Arun Valley Hydropower Development Company Limited (AHPC). Ridi Power Company plans to issue 50% right shares, totaling Rs. 77.44 Crores, equivalent to 7,744,506 units, to its existing shareholders. This […]

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Auction Alert: Multipurpose Finance Company Limited Promoters Offer 56,000 Units of Shares to Eligible Shareholders 19
IPO | FPO

Auction Alert: Multipurpose Finance Company Limited Promoters Offer 56,000 Units of Shares to Eligible Shareholders

Bijaya Kumar Thakur and Dhirendra Thakur, the current promoters of Multipurpose Finance Company Limited (MPFL), have initiated the auction of their promoter shares. Specifically, Bijaya Kumar Thakur is auctioning 26,000 units, while Dhirendra Thakur is auctioning 30,000 units of their respective shares. This auction, which began on the 18th of Poush, 2080, is exclusively open […]

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