Mai

Sanima Mai Hydropower Company Reports 6.02% Increase in Q1 Net Profit and Strategic Investments 1
Business | Market | Economy

Sanima Mai Hydropower Company Reports 6.02% Increase in Q1 Net Profit and Strategic Investments

Sanima Mai Hydropower Company Limited (SHPC) has reported a positive performance in the first quarter of the fiscal year 2080/81, demonstrating a 6.02% increase in net profit. The company’s net profit climbed to NPR 24.92 crores, up from NPR 23.5 crores in the same quarter of the previous year. This growth was primarily supported by […]

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Sanima Mai Hydropower Proposes 10.52% Dividend for FY 2079/80; AGM on Kartik 23 3
Dividend

Sanima Mai Hydropower Proposes 10.52% Dividend for FY 2079/80; AGM on Kartik 23

  Sanima Mai Hydropower Limited (SHPC) has recommended a dividend of 10.5263% for the fiscal year 2079/80. They have also scheduled their 12th Annual General Meeting for November 6, 2023 (Kartik 23, 2080). In a board meeting held on October 1, 2023 (Ashwin 15, 2080), the company decided to distribute this dividend, consisting of 0.5263% […]

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"Mai Khola Hydropower Calls AGM on 9th Ashwin to Discuss 100% Right Shares Issuance" 5
Dividend

“Mai Khola Hydropower Calls AGM on 9th Ashwin to Discuss 100% Right Shares Issuance”

  Mai Khola Hydropower Limited (MKHL) has scheduled its Annual General Meeting (AGM) for the 9th of Ashwin, 2080. The meeting will take place at Lord Party Venue in Dhumbarahi, Kathmandu, commencing at 9 a.m. The AGM’s agenda includes the following items: 1) Approval of the financial reports for the fiscal year 2079/80. 2) Endorsement […]

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Attention Shareholders: Claim Your Outstanding Dividends from Sanima Mai Hydropower Limited (SHPC) Now 7
Dividend

Attention Shareholders: Claim Your Outstanding Dividends from Sanima Mai Hydropower Limited (SHPC) Now

Sanima Mai Hydropower Limited (SHPC) has issued a notification directed towards shareholders who have not yet received their entitled dividend payments. The company urges these shareholders to take necessary action to claim their outstanding dividends, which were approved during various Annual General Meetings (AGMs). In order to receive the due dividends, shareholders are required to […]

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Mai Khola Hydropower Limited Lists 39,21,568 Units of IPO Shares on NEPSE 9
NEPSE NEWS IPO | FPO

Mai Khola Hydropower Limited Lists 39,21,568 Units of IPO Shares on NEPSE

Mai Khola Hydropower Limited has successfully listed 39,21,568 units of IPO shares on the Nepal Stock Exchange (NEPSE). This figure includes shares held by the promoters, as well as shares issued to project-affected locals and the general public. The initial trading range for these shares is set between Rs. 111.67 and Rs. 335.01. If the […]

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Sanima Mai Hydropower reports 20.40% decline in net profit in Q3 of FY 2079/80 11
Business | Market | Economy

Sanima Mai Hydropower reports 20.40% decline in net profit in Q3 of FY 2079/80

Sanima Mai Hydropower Company Limited (SHPC) has reported a decline in net profit by 20.40% in the third quarter (Q3) of FY 2079/80. The company’s net profit decreased to Rs. 35.82 crores in this quarter from Rs. 45 crores in the corresponding quarter of the previous year. The decline in net profit is due to […]

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Mai Khola Hydropower Issues 12,69,411 Units in an Initial Public Offering (IPO) to the General Public IPO Shares Will Be Available Starting Today 13
IPO | FPO

Mai Khola Hydropower Issues 12,69,411 Units in an Initial Public Offering (IPO) to the General Public IPO Shares Will Be Available Starting Today

Mai Khola Hydropower Limited will begin issuing 12,69,411 unit shares with a face value of Rs 100 today, on the 8th of Baisakh, 2080. This IPO is expected to generate Rs 12.69 crore for the firm. This issue’s early closure date is on 12th Baisakh, and if it is not completely subscribed, it can be […]

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From Baisakh 08, Mai Khola Hydropower will issue 12,69,411 unit IPO shares to the general public. 15
IPO | FPO

From Baisakh 08, Mai Khola Hydropower will issue 12,69,411 unit IPO shares to the general public.

From the 8th of Baisakh, 2080, the business would issue 12,69,411 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 12.69 crore for the firm. This issue’s early closure date is on 12th Baisakh, and if it is not completely subscribed, it can be prolonged until 24th Baisakh, […]

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Economic growth is expected to slow to 4.1% in 2023, with inflation remaining at 7.4%, according to the Asian Development Bank. 17
Business | Market | Economy

Economic growth is expected to slow to 4.1% in 2023, with inflation remaining at 7.4%, according to the Asian Development Bank.

  The Asian Development Bank (ADB) forecasts 4.1 percent economic growth in Nepal in 2023, with inflation at 7.4 percent. According to the April 2023 Asian Development Outlook (ADO), Nepal’s economic growth rate is expected to slow in 2023 compared to last year due to tight monetary policy, sluggish domestic demand, the unwinding of pandemic […]

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Gold is down Rs 800 from its all-time high, trading at Rs 110,200 per tola; silver is down Rs 5. 19
Gold | Silver | Forex

Gold is down Rs 800 from its all-time high, trading at Rs 110,200 per tola; silver is down Rs 5.

  Today’s gold price has dropped by Rs. 800 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 110,200 per tola. Yesterday, the rate remained unchanged at Rs. 111,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 109,650. In contrast, […]

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