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Nepal Hydro Developer (NHDL) 5% Bonus Shares Listed on NEPSE 1
NEPSE NEWS

Nepal Hydro Developer (NHDL) 5% Bonus Shares Listed on NEPSE

Nepal Hydro Developer Limited (NHDL) has listed 1,59,965 unit bonus shares on the NEPSE. On Poush 29, the business had its 16th AGM for fiscal year 2078/79 and approved a 5.02632% dividend. The board of directors of the firm suggested a 5.02632% dividend from the paid-up capital of Rs. 31,99,30,000 at its meeting on the […]

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NEPSE listing of bonus shares of Sagarmatha Insurance Company and Lumbini General Insurance Company 3
NEPSE NEWS

NEPSE listing of bonus shares of Sagarmatha Insurance Company and Lumbini General Insurance Company

The NEPSE has listed 16,53,699.96 unit bonus shares of Sagarmatha Insurance Company Limited (SIC). On 11th Falgun, the firm held its 26th AGM and approved a 13.0579% dividend for fiscal year 2078/79. The board of directors resolved to distribute 12.40% bonus shares and 0.6526% cash dividend on Rs. 1.33 Arba paid-up capital. NEPSE now lists […]

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The NEPSE Index rose 0.92% to settle at 1,905.68 points, with intraday turnover remaining at Rs 88.55 crores. 5
NEPSE NEWS

The NEPSE Index rose 0.92% to settle at 1,905.68 points, with intraday turnover remaining at Rs 88.55 crores.

The NEPSE index finished at 1,905.68 today, up 17.36 points from the previous trading day’s close. This is a 0.92% increase. Yesterday, the index rose 2.71 points. Today, the index began at 1,887.3 and closed at 1,885.17. In contrast, it reached a high of 1,905.73 before closing at 1,905.68. Through 27,766 transactions, 264 scrips changed […]

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PLIC and ULI Promoter Shares Converted; Promoter-Public Shareholding Ratio Changed To 51: 49 7
NEPSE NEWS

PLIC and ULI Promoter Shares Converted; Promoter-Public Shareholding Ratio Changed To 51: 49

  Prime Life Insurance Company Limited (PLIC) unit promoter shares have been converted to ordinary shares, bringing the company’s promoter-to-public share ratio to 51: 49. The company currently has 3,14,09,657 unit shares listed on NEPSE.Similarly, the shareholding structure of 60% promoters and 40% public has been altered to 51% promoter shares and 49% public shares. […]

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The deadline for life and non-life insurance companies to raise capital to Rs 5 billion has passed. 9
Business | Market | Economy

The deadline for life and non-life insurance companies to raise capital to Rs 5 billion has passed.

On the 10th of Chaitra 2078, the Nepal Insurance Authority directed that life insurance businesses have a minimum paid-up capital of Rs. 5 Arba. The Insurance Board also encouraged non-life insurance companies to increase their paid-up capital to Rs. 2.5 Arba by the end of Chaitra 2079.    

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The NEPSE Index Ends the Day with a 0.14% Gain; IPO Stock KDL Has Its First Red Day Ever 11
NEPSE NEWS IPO | FPO

The NEPSE Index Ends the Day with a 0.14% Gain; IPO Stock KDL Has Its First Red Day Ever

The NEPSE index closed at 1,888.32 today, up 2.71 points from the previous trading day’s close. This represents a 0.14% increase. Yesterday, the index fell 18.80 points. Today, the index opened at 1,885.77 and closed at 1,875.14. In contrast, it reached a high of 1,891.87 before settling at 1,888.32.  

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List of Bank Holidays in Nepal 2080 15
Business | Market | Economy

List of Bank Holidays in Nepal 2080

The central bank of Nepal, Nepal Rastra Bank, has recently unveiled the annual bank holiday schedule for the period of 2080 BS, which spans from April 14, 2023 to April 12, 2024. This comes in response to the government’s decision to permit essential service-providing institutions, such as banks, to operate on specific public holidays as […]

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Today's gold price in Nepal has dropped by Rs 900 per tola. 17
Gold | Silver | Forex

Today’s gold price in Nepal has dropped by Rs 900 per tola.

In the domestic market today, fine gold has lost Rs. 900 per tola, while tejabi gold has lost Rs. 850 from yesterday’s pricing. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 109,300 per tola. Yesterday, the cost remained unchanged at Rs. 110,200 per […]

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Karnali Development Bank reports a net profit of Rs 1.7 crores in the third quarter. 19
Business | Market | Economy

Karnali Development Bank reports a net profit of Rs 1.7 crores in the third quarter.

Karnali Development Bank Limited (KRBL) has released its unaudited quarterly report for the fiscal year 2079/80’s third quarter. The firm recorded a net profit of Rs. 1.7 crores, compared to a net loss of Rs. 1.92 crores in the same period last year. When compared to the same quarter last year, the company’s deposits fell […]

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