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Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE 1
NEPSE NEWS

Sunrise Focused Equity Fund (SFEF) Units Listed in NEPSE

Sunrise Focused Equity Fund (SFEF) units worth $10 billion have been listed on NEPSE. The fund initially offered just 12 crore units, however the offering was downsized due to a reduced number of applications. The “Sunrise Focused Equity Fund” is a closed-end fund with a 10-year maturity horizon. On the 10th of Magh, Sunrise Capital […]

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Prabhu Capital has been appointed as the share registrar for Sagarmatha Jalvidhyut Company 3
IPO | FPO

Prabhu Capital has been appointed as the share registrar for Sagarmatha Jalvidhyut Company

  Prabhu Capital has been appointed as the share registrar for Sagarmatha Jalvidhyut Company. According to the statement, the agreement was signed on Chaitra 20, 2079 by the chairman of the hydro company, Dr. Bhogendra Kumar Guragain, and the CEO of the Merchant bank, Mr. Aasis Gauchan.

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For fiscal year 2078/79, Kamana Sewa Bikas Bank (KSBBL) proposes 4.64% bonus shares and 0.23% cash dividend. 5
Business | Market | Economy

For fiscal year 2078/79, Kamana Sewa Bikas Bank (KSBBL) proposes 4.64% bonus shares and 0.23% cash dividend.

  For the fiscal year 2078/79, Kamana Sewa Bikas Bank Limited (KSBBL) has proposed a dividend of 4.64%. The dividend will be paid from the company’s paid-up capital of Rs.3.14 Arba. A cash dividend of 0.23% and 4.41% bonus shares have been proposed. KSBBL has an LTP of Rs. 313 as of this writing. The […]

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Nerude and Mirmire Laghubitta Sign Merger Agreement 7
Business | Market | Economy

Nerude and Mirmire Laghubitta Sign Merger Agreement

  According to the Nepal Stock Exchange, the final merger agreement between Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) has been completed and approved (MEPSE). Poush 11, where the chairman of both organizations signed a memorandum of understanding for merger, the companies had signed a memorandum of understanding for […]

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SEBON Plans to Launch Nabil Investment Banking's New Mutual Fund Scheme "NI 31" 9
Business | Market | Economy

SEBON Plans to Launch Nabil Investment Banking’s New Mutual Fund Scheme “NI 31”

  In the most recent list of mutual fund scheme pipeline status published by the Securities Exchange Board of Nepal (SEBON), “NI 31” has recently been added under preliminary review. The fund size for NI 31 will be Rs. 15 crores divided into 1.5 crore units with a par value of Rs.10 per unit. On […]

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Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. 11
Dividend

Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend.

Prudential Insurance had its 21st Annual General Meeting (AGM) on Chaitra 16, 2079, under the chairmanship of Mr. Vishal Agrawal.   Apart from standard financial reports, the AGM approved a taxation proposal of 3.325% bonus shares and 0.17% cash dividend. According to the media announcement, the company’s paid-up capital would increase to Rs 1.22 arba.

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Gurans Life Insurance Company Holds Annual General Meeting on Baisakh 06 to Approve 13.27% Bonus Dividend and Merger-Related Agendas 15
Dividend

Gurans Life Insurance Company Holds Annual General Meeting on Baisakh 06 to Approve 13.27% Bonus Dividend and Merger-Related Agendas

  Gurans Life Insurance Company Limited (GLICL) has scheduled its 13th Annual General Meeting for the 6th of Baisakh, 2080. The meeting will begin at 10:30 a.m. that day at the company’s headquarters in Tinkune, Kathmandu. Among the other items on the agenda, the AGM will approve 13.2712772% bonus shares for fiscal year 2078/79. The […]

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SEBON Approves Mahalaxmi Debenture 2089 at 11% 17
Business | Market | Economy

SEBON Approves Mahalaxmi Debenture 2089 at 11%

On Chaitra 05, 2079, the Securities Board of Nepal (SEBON) authorized the “11% Mahalaxmi Debenture 2089.” Mahalaxmi Bikas Bank Limited (MLBL) plans to issue 10 lakh unit debentures at Rs 1000 per unit. During a period of ten years, the bank will give an interest rate of 11% on the debenture. Out of the total […]

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Siddhartha Bank's Promoter Shares will being auctioned off starting today. 19
Business | Market | Economy

Siddhartha Bank’s Promoter Shares will being auctioned off starting today.

From today, 14th Chaitra, 2079, the promoter shareholder of Siddhartha Bank Limited (SBL) is auctioning 114,813 units of shares to existing promoter owners. SBL unit promoter shares worth 114,813 will be auctioned off. Only existing promoters are entitled to bid on the auction within 35 days after its publication, on the 14th Chaitra. Shareholders should […]

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