Nerude

NLBBL and MMFDB Merger Finalized: NEPSE Issues Circular on Share Transaction Suspension 1
Business | Market | Economy

NLBBL and MMFDB Merger Finalized: NEPSE Issues Circular on Share Transaction Suspension

The final steps for the merger between Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) have recently been concluded. In accordance with Section 9 (3) of the Merger and Acquisition Directive 2079 Act, the Nepal Stock Exchange (NEPSE) has issued a circular, officially suspending share transactions of the company as […]

NEPSE Ends Suspension on Muktinath Bikas Bank Securities Trading Following Dividend Disclosure Delay 3
Business | Market | Economy, Dividend, NEPSE NEWS

NEPSE Ends Suspension on Muktinath Bikas Bank Securities Trading Following Dividend Disclosure Delay

NEPSE, the Nepal Stock Exchange Limited, has decided to end the suspension on the trading of securities for Muktinath Bikas Bank Limited (MNBBL). This follows a temporary pause resulting from MNBBL’s delayed submission of information related to the dividend declaration for the fiscal year 2079/80. In an official statement, NEPSE disclosed that MNBBL failed to

NLBBL Initiates Auction of Promoter Shares to Existing Shareholders with Minimum Bid Rate of Rs. 350 5
Business | Market | Economy

NLBBL Initiates Auction of Promoter Shares to Existing Shareholders with Minimum Bid Rate of Rs. 350

Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has initiated the auction of 26,665 shares of promoter stock to existing promoter shareholders. Interested parties are invited to submit their bids for this auction within 35 days from the publication date of the notice, which is the 21st of Kartik, 2080. The minimum bid rate for participation in

Nerude Laghubitta Bittiya Sanstha Limited reports a significant decline in net profit and increase in NPL for Q3 FY 2079/80 7
Business | Market | Economy

Nerude Laghubitta Bittiya Sanstha Limited reports a significant decline in net profit and increase in NPL for Q3 FY 2079/80

Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has released its third-quarter report for FY 2079/2080, revealing a significant decline in net profit by 85.22%. According to the report, the net profit decreased to Rs. 3.15 crores, compared to Rs. 21.37 crores in the corresponding quarter of the previous year. The company’s borrowings decreased by 5.57% to

Mirmire Laghubitta (MMFDB) and Nerude Laghubitta (NLBBL) Call for Baisakh 10 SGM to Approve Merger 9
Business | Market | Economy

Mirmire Laghubitta (MMFDB) and Nerude Laghubitta (NLBBL) Call for Baisakh 10 SGM to Approve Merger

  The Special General Meeting (SGM) of Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) and Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has been scheduled for 10th Baisakh, 2080. The MMFDB meeting will be held at Hotel Sarathi in Dhulikhel, while the NLBBL meeting will be held at Udhyog Sangathan Morang in Biratnagar. The MMFDB meeting will

Nerude and Mirmire Laghubitta Sign Merger Agreement 11
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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