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“Millennium Challenge Corporation (MCC) Project Implementation Starts”
The much-anticipated Millennium Challenge Corporation (MCC) initiative is about to start on Wednesday. This project, spanning five years, will begin its implementation on August 30, 2023, which aligns with the 13th of August in the Nepali calendar. Today, the Ministry of Finance is organizing an event to officially announce this significant milestone. As per […]
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“NEPSE Drops 2.82 Points to 1990.59; Market Cap at Rs. 29.79 Kharba”
During today’s trading session, the Nepal Stock Exchange (NEPSE) Index concluded at 1,990.59 points, experiencing a slight decline of 0.14% or 2.82 points from yesterday’s closing. The day began with the index starting at 1,994.63 and hitting its highest point at 2,001.72 within the day. However, there was a dip to an intraday low […]
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“Last Chance to Secure Dividend from Siddhartha Capital’s Mutual Funds”
Today marks the final trading day before the book closure date for Siddhartha Capital’s mutual funds’ dividend distribution. The book closure date is Bhadra 12, and investors holding units until today will be eligible for the cash dividend. During a Board of Directors meeting held on the 32nd day of Shrawan, Siddhartha Capital Limited […]
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“NEPSE Climbs 5.09 Points to Reach 1998.48; Kutheli Bukhari Hydro Sees Continued Positive Trends”
In the trading session today, the Nepal Stock Exchange (NEPSE) Index concluded at 1,998.48 points, marking a rise of 0.25% or 5.09 points in comparison to the previous day’s close. The trading day began with the index starting at 1,994.03 points. It reached its highest point during the day at 2,009.70 but also dipped […]
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“Sunrise Capital Releases Mutual Fund NAV Report for Shrawan Month”
Sunrise First Mutual Fund (SFMF), a closed-end fund with a 10-year maturity, has released its monthly Net Asset Value (NAV) report for the month of Shrawan. The NAV for this period is Rs. 12.90, slightly lower than the previous month’s Rs. 12.92. Starting with an initial capital of Rs. 86 crores, SFMF has made […]
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“Barahi Sedi Chooses NMB Capital as Issue Manager for 11.60 Lakh Unit Share Offering”
Barahi Sedi, a hotel under construction in Pokhara’s Lakeside area, has selected NMB Capital as the issue manager for its upcoming public share offering of 1.16 million ordinary shares. The agreement was formalized through a Memorandum of Understanding (MoU) signed between Mr. Dipesh Kumar Vaidya, the CEO of NMB Capital, and Mr. Biplab Paudel, […]
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“Federal: First Reinsurance Broker in Nepal to Achieve ISO 9001:2015 Certification”
During an official event at FRBL’s headquarters in Kathmandu on August 27, 2023, Mr. Prakash Poudel, the Country Director of United Registrar of Systems (URS), presented the certification to FRBL’s chairman, Mr. Mahesh Kumar Agrawal. The occasion was attended by FRBL’s Board members, leadership team, staff, and URS Nepal representatives. Mr. Poudel congratulated FRBL for […]
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“NEPSE Ends with Slight 0.25% Loss at 1,993.42; Turnover at Rs. 86.51 Crores”
In today’s trading session, the Nepal Stock Exchange (NEPSE) Index concluded at 1,993.42 points, experiencing a decline of 0.25% or 5.05 points compared to the previous day’s closing. The index had shown a gain of 5.09 points the day before. The trading day began with the index starting at 1,999.01 points. It reached its […]
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“176,402 Promoter Shares of MLBBL Converted to Public Shares, Changing Ratio to 51:49”
Mithila Laghubitta Bittiya Sanstha Limited (MLBBL) has changed its ownership structure by converting 176,402 promoter shares into public shares. This adjustment has shifted the ownership ratio from 60:40 to 51:49, with promoters now holding 51% of the company’s shares, and the public holding 49%. Currently, MLBBL has a total of 1,960,028 shares listed on […]
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“CDSC Launches SMS Alerts for Right Share Notifications”
CDSC, in partnership with associated firms, has begun informing investors about the launch of rights shares through mobile messages, starting today (Bhadra 12th), to meet investor demands. The first batch of notifications has been sent to 38,327 out of 70,000 investors of Synergy Power Development Limited (SPDL). CDSC plans to send messages to the […]
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