Prabhu Capital Limited and Century Capital Markets have officially commenced their joint operation on Jestha 01, 2080, following a successful acquisition. The acquisition was approved by the Office of the Registrar and regulatory bodies, as confirmed through a letter issued on Baisakh 26, 2080. The two companies will now conduct their business together under the […]
The Taragaon Regency Hotel (TRH) has released its third-quarter report for the fiscal year 2079/80, revealing a significant surge in Net Profit. Compared to the same quarter in the previous fiscal year, the company’s Net Profit has increased by an impressive 476.52%, amounting to Rs. 23.88 crores. TRH, the operator of Hyatt Regency Hotel, has
Nepal Rastra Bank (NRB) Cancels Dividend Proposal of Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) The dividend proposal put forth by Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) has been canceled by the Nepal Rastra Bank. During the 86th meeting of the board of directors held on Baisakh 13, the company had proposed a 15%
Asha Laghubitta Bittiya Sanstha Limited (ALBSL) Lists 4,77,020 Bonus Shares on NEPSE at an LTP of Rs. 670 Following the convening of its 6th Annual General Meeting on 11th Chaitra, Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has listed 4,77,020 unit bonus shares on the Nepal Stock Exchange (NEPSE). The AGM had approved a 15% dividend
The Securities Board of Nepal (SEBON) has given approval for the Further Public Offering (FPO) of Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB) on Baisakh 21, 2080. UNLB will issue 379,425 units of FPO shares, which the general public can apply for at a par value of Rs. 100 per share, raising Rs. 37,942,500 for
Citizen Investment Trust (CIT) has released its unaudited report for the third quarter of the fiscal year 2079-2080, showing a significant increase in net profit. The company recorded a net profit of Rs. 77.79 crores, marking a 26.15% increase from the corresponding quarter of the previous year. During this quarter, CIT made investments amounting to
Ingwa Hydropower Limited has announced the closure of its IPO issuance of 12,68,639 unit shares with a face value of Rs. 100 per share. The issue, which opened on April 13, 2080, is oversubscribed by 8.64 times, with 994,624 applicants applying for a total of 10,964,750 units. The company intends to collect Rs. 12.68
Guheshowori Merchant Banking and Finance Limited (GMFIL) has recently listed 6,17,760 unit bonus shares on the Nepal Stock Exchange (NEPSE). The company had held its 21st Annual General Meeting on 27th Magh, where a dividend of 6.84% was approved for the fiscal year 2078/79. The board of directors had decided to distribute the dividend on
Today’s gold price has dropped by Rs. 500 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 109,100 per tola. Yesterday, the tariff remained unchanged at Rs. 109,600 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 108,600. In contrast, the
The Securities Exchange Board of Nepal (SEBON) has authorized Upper Syange Hydropower Limited’s proposed initial public offering (IPO) on Baisakh 13, 2080. The corporation will now issue 870,000 equity shares at NPR 100 per share. The issuance is worth Rs. 8.7 crore. This is equivalent to 39.55% of the company’s issued capital. The company’s
NEPSE has listed 59,68,135.55 unit bonus shares of Garima Bikas Bank Limited (GBBL). On Poush 22, the bank had its 16th AGM and approved a 14.5% dividend of Rs. 66.56 crores for fiscal year 2078/79. On Kartik 24, 2079, the board of directors voted to pay a 14.5% dividend on the paid-up capital of Rs.
The Securities Exchange Board of Nepal (SEBON) has authorized Nepal Republic Media Limited’s proposed initial public offering (IPO) on Baisakh 11. The corporation will now issue 4,353,000 equity shares at NPR 100 per share. The issuance is worth Rs. 43.53 crore. This represents 44.99% of the outstanding capital of the corporation. The company’s total paid-up
