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Thamel Plaza Hotel & Suites Calls 12th AGM with Agendas Including Auditor Appointment and Share Issuance; Credit Watch by CARE Ratings Nepal Limited 1
Business | Market | Economy

Thamel Plaza Hotel & Suites Calls 12th AGM with Agendas Including Auditor Appointment and Share Issuance; Credit Watch by CARE Ratings Nepal Limited

Thamel Plaza Hotel & Suites Limited has announced its 12th Annual General Meeting (AGM) scheduled for 7th Chaitra, 2080, at Thamel Plaza Hotel & Suites in Kathmandu, beginning at 4:00 PM. The proposed agenda items encompass the approval of the annual report, endorsement of the auditor’s report for the fiscal year 2079/80, including Profit and […]

Sun Nepal Life Insurance Proposes Dividend and Right Shares 7
Dividend

Sun Nepal Life Insurance Proposes Dividend and Right Shares

  Sun Nepal Life Insurance Company Limited (SNLI) plans to distribute a dividend of 25.0526% and offer 27% right shares for the fiscal year 2079/80. Following their 99th Board of Directors meeting on Falgun 11, they’ve decided on a 23.8% bonus share valued at Rs. 76.16 crores and a 1.2526% cash dividend worth Rs. 4.00

Sarbottam Cement IPO Opens Today: Company Performance Analysis 9
IPO | FPO

Sarbottam Cement IPO Opens Today: Company Performance Analysis

Sarbottam Cement, launched in 2010 as a key product of Saurabh Group, started its operations in February 2014. Based in Neupane Tower, Tinkune, Kathmandu, its factory is situated about 240 km away in Sunwal, Nawalparasi. The company has an authorized capital of Rs 4,000 million and occupies 30 bighas of land. Utilizing advanced European techniques,

Janautthan Samudayic Laghubitta Shareholders to Receive No Dividends for FY 2079/80 15
Business | Market | Economy, Dividend

Janautthan Samudayic Laghubitta Shareholders to Receive No Dividends for FY 2079/80

  Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSLBB) has declared that it won’t be distributing dividends for the Fiscal Year 2079/80. The decision was made during the 216th Board Meeting held on Falgun 12, 2080. However, it’s crucial to mention that this decision is subject to approval from Nepal Rastra Bank, the regulatory authority, and

Garima Capital Offers Free Demat and Meroshare Accounts to Nepali Investors 17
Business | Market | Economy

Garima Capital Offers Free Demat and Meroshare Accounts to Nepali Investors

  Garima Capital Limited has launched a new program called “Every Nepali Shareholder,” enabling all Nepali citizens to open a Demat and Meroshare account without any charges. You can do this by visiting their main office in Kamalpokhri, Kathmandu, or at branch locations of Garima Bikas Bank Limited and Reliance Finance Limited across Nepal. Alternatively,

Promoters Auction Shares: Prabhu Bank (PRVU) and Kumari Bank (KBL) Initiatives for Existing Shareholders 19
Business | Market | Economy

Promoters Auction Shares: Prabhu Bank (PRVU) and Kumari Bank (KBL) Initiatives for Existing Shareholders

The current promoters of Prabhu Bank Limited (PRVU) have initiated the auctioning of 7,53,892 unit shares exclusively to its existing promoter shareholders, starting today. Eligible shareholders are invited to participate in the bidding process within 35 days from the publication date of this notice, which is the 11th of Falgun. Bids should be submitted at

SuryaJyoti Life Insurance Company Holds Dividend for FY 2079/80 and Unveils Merger Details 23
Dividend

SuryaJyoti Life Insurance Company Holds Dividend for FY 2079/80 and Unveils Merger Details

SuryaJyoti Life Insurance Company Limited (SJLIC) recently announced its decision to refrain from distributing dividends for the Fiscal Year 2079/80. This resolution emerged from discussions during the Board of Directors’ meeting held on Falgun 10, 2080, where comprehensive financial details of the fiscal year were deliberated. A notable development mentioned in the announcement is the

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