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10.526% Dividend Distribution of NADEP Laghubitta Has Been Canceled
From the 176th meeting of the board of directors of NADEP Laghubitta Bittiya Sanstha Limited (NADEP) held on Magh 10, the company had proposed 10% bonus shares and 0.526% cash dividend (tax purposes) from the distributable profits and accumulated profits of 2078/79. Previously, the Chitwan-based Deprosc Laghubitta (DDBL) signed an initial agreement to acquire Dhading-based […]
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Aatmanirbhar Laghubitta Completes Unit IPO Issue of 20,338 Shares
Aatmanirbhar Laghubitta Bittiya Sanstha is closing the issue of 20,338 units of IPO shares for Nepalese citizens working abroad from today i.e. on 2nd Falgun, 2079. The issue opened on 16th Magh and was supposed to close yesterday i.e. 1st Falgun but since the government of Nepal has decided to announce Falgun 1 as People’s War Day, […]
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The NEPSE Index falls by double digits to finish at 2,105.46.
The NEPSE index closed at 2,105.46 today after losing 16.40 points from the last trading day’s closing. This is a loss of 0.77%. The index lost 60.88 points on Sunday. Today the index opened at 2,122.41 and made an intraday high of 2,122.56. It went as low as 2,100.57 and ultimately closed at 2,105.46.
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Ngadi Group Power Limited proposes a 5% dividend for the fiscal year 2078/79
For the fiscal year 2078/79, Ngadi Group Power Limited (NGPL) has proposed a 5% dividend. The board of directors decided on Falgun 1 to distribute the dividend on the paid-up capital of Rs. 1.76 Arba. A cash dividend of 0.25% and 4.75% bonus shares (for tax purposes) have been proposed.
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The deadline for “10.30%” has been extended. Nepal Standard Chartered Bank Limited
The public offering of the “10.30% Standard Chartered Bank Nepal Limited Debenture” by Standard Chartered Bank Nepal Limited (SCB) has been extended. On the 26th of Magh, the issue was launched. The early deadline was today, on the 1st of Falgun. Because the issue has not been fully subscribed, the deadline has been extended until […]
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Higher Impairment Charges Caused a 67.92% Drop in Kalika Laghubitta’s Net Profit
Kalika Laghubitta Bittiya Sanstha (KMCDB) released its second-quarter report for FY 2079/2080, which showed a 67.92% decrease in net profit. According to the company’s report, net profit fell to Rs. 2.69 crores from Rs. 8.40 crores in the previous year’s corresponding quarter. The decrease in growth profit is primarily due to impairment charges totaling Rs. […]
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11.25% Global IME Bank Debenture 2084 is available for purchase beginning on March 29.
Global IME Bank Limited has opened public issue of 50 lakh units’ worth of ‘11.25% Global IME Bank Debenture 2084’ from Magh 29, 2079. The issue will conclude on Falgun 3, 2079 at the earliest and by Falgun 14, 2079 at the latest. The par value of the debenture is NRs. 1,000 per unit. From […]
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Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend;
Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has called its 11th AGM on 29th Falgun, 2079. The meeting will be held in Bougainvilla Events, Tripureshwor-11, Kathmandu, starting from 11 AM that day. Among the other agendas, the AGM will endorse an 11.58% dividend for the fiscal year 2078/79. The board of directors meeting decided to distribute […]
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NLG Insurance reports a decrease in business volume and profitability in the second quarter.
NLG Insurance Company Limited (NLG) has released its second-quarter report for fiscal year 1979/80. The company reported a net profit of Rs 10.6 crore, compared to a net profit of Rs 11.4 crore in the same quarter last year. This quarter, NLG’s net profit increased by 3.63%. The company’s paid-up capital is Rs.1.32 arba, […]
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Country’s economic indicators are in jeopardy, and 8% economic growth
According to Deputy Prime Minister and Finance Minister Bishnu Prasad Paudel, indicators of the country’s economy are in jeopardy due to negative global economic impacts and challenges stemming from domestic causes. He did, however, state that he is constantly working to resolve the country’s economic problems. He made this statement during today’s House of […]
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