Lumbini
End of Lock-in Period: VLUCL Notifies Investors Regarding Mutual Fund Shares
Vision Lumbini Urja Company Limited (VLUCL) has informed its investors and stakeholders about the impending end of the lock-in period for 95,625 unit shares held by Mutual Funds. This lock-in period, in accordance with the latest directives from the Securities Board of Nepal (SEBON), is scheduled to expire on the 4th Jestha, 2081. VLUCL, with […]
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Kumari Bank Limited Auctions Promoter Shares of Sagarmatha Lumbini Insurance Company Limited: Opportunity for Investors
Kumari Bank Limited (KBL) has initiated the auction of promoter shares of Sagarmatha Lumbini Insurance Company Limited (SALICO), commencing from today, 28th Chaitra, until 1st Jestha, 2080. This auction presents an opportunity for investors to acquire shares in SALICO, a prominent insurance company in Nepal. A total of 1,14,612 unit promoter shares of SALICO are […]
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ALICO Proposes 5% Cash Dividend for FY 2079/80 Pending Regulatory Approva
Sagarmatha Lumbini Insurance Company Limited (SALICO) has put forward a proposal to issue a 5% cash dividend for the fiscal year 2079/80. The decision to distribute this dividend was made during the 18th meeting of the board of directors held on Falgun 14. The proposed cash dividend is based on the existing paid-up capital of […]
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Lumbini Bikas Bank Calls 16th AGM, Proposes 8.5% Dividend for FY 2079/80
Lumbini Bikas Bank Limited (LBBL) has announced its 16th Annual General Meeting (AGM) scheduled for the 26th of Poush, 2080. The meeting is set to take place at Amritbhog, Kalikasthan, Kathmandu, commencing at 11 am on the specified day. Among the key agendas to be addressed during the AGM, the endorsement of an 8.5% dividend […]
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Vision Lumbini Urja IPO Allotment: High Demand with Oversubscription of 6.54 Times
The Vision Lumbini Urja Company Limited’s Initial Public Offering (IPO) allotment is scheduled for the upcoming Tuesday, the 5th of Mangsir, 2080. The allotment ceremony will take place at the premises of the issue manager, Muktinath Capital Limited, located in Kathmandu. Out of the total 2,400,410 units available, a portion has already been designated for […]
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Lumbini Bikas Bank Initiates Auction of Promoter Shares to General Public and Institutions
The current promoter of Lumbini Bikas Bank Limited (LBBL) has initiated an auction of 2,00,639 units of shares, making them available for interested members of the general public and institutions starting today. Bil Bahadur Gurung and Bindu Kumar Thapa, the promoters of LBBL, are selling 1,46,748 units and 53,891 units of their promoter shares to […]
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Last Day to Apply for IPO of Vision Lumbini Urja Company Limited: Issue Oversubscribed by 4.76 Times
Vision Lumbini Urja Company Limited is in the process of concluding its initial public offering (IPO) of 20,75,285 units of shares with a par value of Rs. 100. The IPO began on the 16th of Kartik, 2080, and is set to close on the 20th of Kartik. Previously, the company had issued 19,12,500 units of […]
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Lumbini Bikas Bank Promoter Initiates Auction for 37,319 Shares to Existing Shareholders
The current promoter of Lumbini Bikas Bank Limited (LBBL) is initiating an auction for 37,319 units of shares to be exclusively offered to existing promoter shareholders, starting from today. Manlaxmi Thapa, a promoter of LBBL, is overseeing the sale of these 37,319 units of promoter shares to fellow existing promoter shareholders. Interested individuals are invited […]
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Vision Lumbini Urja IPO Shares Allocated to Kaski Locals, Future Public Offering Planned
Vision Lumbini Urja Company Limited has completed the allocation of its Initial Public Offering (IPO) shares to project-affected individuals in Kaski District. The distribution took place on Wednesday, 1st Kartik, at the office of Muktinath Capital Limited, the appointed issue manager for the IPO. The company’s total issued capital is Rs. 1.91 Arba, out of […]
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IPO Allotment: Vision Lumbini Urja Company Allocates Shares to Overseas Nepalese on 15th Ashwin
Vision Lumbini Urja Company Limited has completed its IPO share allocation to foreign Nepalese employees on September 30, 2023. The company has a total issued capital of Rs. 1.91 Arba, with 10% (19,12,500 units) of shares, worth Rs. 19.12 Crores, allocated to project-affected locals of Kaski District. An additional 10% (19,12,500 units) will be offered […]
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