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Support Laghubitta Bittiya Sanstha Limited (SMB) Reports Impressive Q2 Fiscal Performance with 246.82% Surge in Net Profit

Earnmoney.com.np / January 26, 2024

In the recently disclosed second-quarter fiscal report for the year 2080/2081, Support Laghubitta Bittiya Sanstha Limited (SMB) exhibited a remarkable financial performance, witnessing a substantial 246.82% increase in net profit. The net profit surged from Rs. 24.91 lakhs to Rs. 86.42 lakhs when compared to the corresponding quarter of the previous year. Despite a 5.39% […]

Dividend

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

Earnmoney.com.np / January 25, 2024

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

IPO | FPO

Singati Hydro Energy: Offer Letter Published, Right Shares Issue Opens on Falgun 2

Earnmoney.com.np / January 25, 2024

Singati Hydro Energy Limited (SHEL) is embarking on a new phase of expansion and growth with the issuance of its 100% rights shares, as outlined in its recently published offer letter. The company has opened the window for applications for these right shares in a generous ratio of 1:1 or 100%, accepting applications from 2nd

Dividend

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

Earnmoney.com.np / January 25, 2024

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

Dividend

Wean Nepal Laghubitta: No Dividend Distribution for FY 79/80

Earnmoney.com.np / January 25, 2024

WNLB, as per the decision made during its recent Board Meeting on Magh 10, 2080, has opted not to distribute any dividends for the fiscal year 2079/80. This resolution is subject to the approval of the financial statements by the regulatory authority, Nepal Rastra Bank, and the forthcoming Annual General Meeting of the company. It’s

IPO | FPO

Puwa Khola-1 Hydropower Partners with LS Capital for IPO Management

Earnmoney.com.np / January 25, 2024

Puwa Khola-1 Hydropower Limited is set to make a significant market debut by appointing LS Capital Limited as the IPO issue and sales manager for its upcoming public offering. The hydropower company plans to release 19,46,660 ordinary shares to the general public, each carrying a face value of Rs 100. The strategic move towards IPO

IPO | FPO

Super Khudi Hydropower Taps Global IME Capital as IPO Issue Manager

Earnmoney.com.np / January 25, 2024

Super Khudi Hydropower Limited, a pioneering venture in the renewable energy sector, has recently appointed Global IME Capital Limited as the dedicated issue and sales manager for its upcoming Initial Public Offering (IPO). The highly anticipated IPO entails the issuance of 6,975,000 ordinary shares to the general public, each with a face value of Rs

NEPSE NEWS

Nepal Stock Exchange (NEPSE) Reports a 0.48% Dip in Index

Earnmoney.com.np / January 24, 2024

The NEPSE Index in Nepal witnessed a decline of 10.25 points or 0.48% from the previous day, settling at 2,088.04 points. In the prior trading session, the index had incurred a loss of 0.40 points. The market opened today with the index at 2,098.97, reaching an intraday low of 2,083.45, and hitting a high of

Dividend

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

Earnmoney.com.np / January 23, 2024

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

Business | Market | Economy

Kutheli Bukhari Small Hydropower (KBSH) Ends Lock-In: 6,093 Mutual Fund Shares Unlocked

Earnmoney.com.np / January 23, 2024

Kutheli Bukhari Small Hydropower Limited (KBSH) has notified its investors and stakeholders about the recent expiration of the lock-in period for 6,093 unit shares held by Mutual Funds. This lock-in period, as per the directives from the Securities Board of Nepal (SEBON), had commenced on Kartik 20, 2080, and concluded on Magh 6, 2080. Among

IPO | FPO

Ghalemdi Hydro Limited Initiates Auction of Unclaimed Right Shares for Public Offering

Earnmoney.com.np / January 23, 2024

Ghalemdi Hydro Limited (GHL) has initiated the auction of its unclaimed right share portion starting today, 9th Magh, and concluding on 23rd Magh, 2080. The company is auctioning 32,17,724 units of ordinary right shares, representing the unclaimed segment from its previous 1:2 ratio right share issue, conducted from 10th Mangsir to 16th Poush, 2080. Only

Business | Market | Economy

NIMB Ace, Mount Everest Power: 2.58M shares (30%) for 12MW Dudhkunda Khola Project

Earnmoney.com.np / January 23, 2024

NIMB Ace Capital Limited and Mount Everest Power Development Limited have entered into an agreement for the issuance of 2,580,000 ordinary shares. These shares will be made available to local residents in areas affected by the project and the general public, constituting 30 percent of the total issued capital. The signing ceremony included Mr. Arjun