Meeting

Arun Valley Hydropower seeks Electricity Regulatory Commission approval to issue 100% right shares. 1
IPO | FPO

Arun Valley Hydropower seeks Electricity Regulatory Commission approval to issue 100% right shares.

  Arun Valley Hydropower Development Company Limited (AHPC) intends to give its shareholders 100% rights shares. The board of directors proposed at its meeting on Baisakh 06 to issue right shares in the ratio of 1:1, i.e. 18,679,626 right shares of Rs. 100 par value worth Rs 1.86 arba, so that the company can invest […]

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Ridi Power Company Receives Electricity Regulatory Commission Approval to Issue 50% Right Shares 3
Business | Market | Economy

Ridi Power Company Receives Electricity Regulatory Commission Approval to Issue 50% Right Shares

  The Electricity Regulatory Commission (ERC) has approved Ridi Power Company (RIDI) to issue a 1: 0.50 right offering. The board of directors suggested on the 4th of Magh, 2079, to issue 50% right shares on the paid-up capital after adjusting 40% bonus shares for the fiscal year 2078/79, i.e. Rs. 1,54,89,01,200. The company’s paid-up […]

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For Fiscal Year 2078/79, Nesdo Sambridha Laghubitta revises the dividend rate to 17.9342%. 5
Dividend

For Fiscal Year 2078/79, Nesdo Sambridha Laghubitta revises the dividend rate to 17.9342%.

The dividend percentage for the fiscal year 2078/79 has been changed from 73.68% to 17.93% by Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO). On Chaitra 09, the board of directors resolved to disburse the dividend on the paid-up capital of Rs. 25.50 crores. There was a proposal for 50% bonus shares worth Rs. 12.75 crores […]

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The Book Closure Date for Kamana Sewa Bikas Bank's 4.64% Dividend has been announced. 7
Dividend

The Book Closure Date for Kamana Sewa Bikas Bank’s 4.64% Dividend has been announced.

Kamana Sewa Bikas Bank Limited (KSBBL) has scheduled its 16th Annual General Meeting for the 31st of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day at the Siddhartha Boutique Hotel in Kathmandu. Among the other items on the agenda, the AGM will approve a 4.64% cash dividend for fiscal year 2078/79. The […]

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Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares. 9
Business | Market | Economy

Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares.

  Union Life Insurance Company Limited (ULI) has requested its shareholders to pay the 8.97% bonus share tax. On the 26th of Magh, 2079, the firm held its 5th AGM for the fiscal year 2077/78. The meeting approved 8.97% bonus shares worth Rs. 19,28,55,000 from the company’s paid-up capital of Rs. 2.15 Arba for the […]

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On the 25th of Baisakh, Liberty Energy Company will hold its 11th, 12th, and 13th annual general meetings. 11
Dividend

On the 25th of Baisakh, Liberty Energy Company will hold its 11th, 12th, and 13th annual general meetings.

  Liberty Energy Company Limited (LEC) has scheduled its 11th, 12th, and 13th Annual General Meetings on the 25th of Baisakh, 2080. The meeting would begin at 11 a.m. that day at Amritbhog Caterings in Kalikasthan, Kathmandu.  

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Muktinath Bikas Bank and Sadhana Laghubitta distributed bonus shares to shareholders' demat accounts. 13
Business | Market | Economy

Muktinath Bikas Bank and Sadhana Laghubitta distributed bonus shares to shareholders’ demat accounts.

Muktinath Bikas Bank Limited (MNBBL) has given 13.5% bonus shares directly to its owners’ DEMAT accounts and encouraged them to dematerialize their shares. On 30th Poush, 2079, the bank had its 16th AGM for FY 2078/79. The AGM approved a dividend of 14.2105% for fiscal year 2078/79. The board of directors resolved on Poush 01 […]

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Pokhara Finance, Union Life Insurance Company, and Mahalaxmi Bikas Bank Bonus Shares Listed on NEPSE 15
NEPSE NEWS

Pokhara Finance, Union Life Insurance Company, and Mahalaxmi Bikas Bank Bonus Shares Listed on NEPSE

Pokhara Finance Limited (PFL) has launched 4,16,367.92 unit bonus shares on NEPSE. On 30th Poush, the business had its 26th AGM and approved a dividend of 4.21% for fiscal year 2078/79. The Board of Directors voted at its 512th meeting to pay a dividend of 4.21% on the paid-up capital of Rs. 1.04 Arba. A […]

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For the month of Baishakh, the NBA has decided to reduce interest rates to single digits. 17
Business | Market | Economy

For the month of Baishakh, the NBA has decided to reduce interest rates to single digits.

  According to the Nepal Bankers Association (NBA), the interest rate on fixed deposits would be reduced beginning in the approaching month of Baishakh, 2080. The majority of banks indicated support for decreasing the interest rate at the Bankers’ Association meeting on Wednesday, and the decision was taken to also cut the term interest rate. […]

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Development banks have decided to lower the interest rate on fixed deposits  19
Business | Market | Economy

Development banks have decided to lower the interest rate on fixed deposits 

During its conference, the Development Bankers Association, an association of Development Bank CEOs, also resolved to drop the interest rate. The committee members have agreed to reduce the deposit interest rate by 1%. According to development banks, the interest rate on personal term deposits will now be 10.6 percent rather than 11.6 percent. Similarly, the […]

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