The NEPSE index closed at 1,844.02 today, up 5.54 points from the previous trading day’s close. This represents a 0.30% increase. Yesterday, the index fell 28.31 points. Today, the index opened at 1,837.65 and closed at 1,833.08. In contrast, it reached a high of 1,851.49 before settling at 1,844.02.
The Insurance Authority has recently prioritized working with micro-insurance companies. The authority recently granted licenses to seven new microinsurance companies. Previously, the Nepal Insurance Authority issued a notice inviting applications from companies interested in operating a micro-insurance company in Nepal. Similarly, three micro life insurance companies and four micro non-life insurance companies were chosen
NMB Bank Ltd issued 40 lakh units of Debenture totaling Rs. 4,00,00,00,000 under the issue and sales management of NIBL Ace Capital Limited (Four Arba Rupees Only). The debenture has a 10-year term and pays 10.75% interest per year. The “NMB Debenture 10.75% – 2089/2090” issue was opened on 2079/12/21, was oversubscribed in 4 days,
On Chaitra 24, 2079, Nepal Investment Mega Bank opened its new extension counter at Belbari nagarpalika-9 Dangihat in Morang. According to a media statement, the latest facility was jointly inaugurated by Koshi province head of the bank Mr. Rajeev Gajurel and Nagarpalika mayor Mr. Dil Prasad Rai during a program. The bank’s network currently
For the fiscal year 2078/79, Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has reduced the dividend percentage from 21.05263% to 15%. Previously, from the paid-up capital of Rs. 13.20 crores, 10% bonus shares worth Rs. 1.32 crores and 11.05263% cash dividend (tax purposes) worth Rs. 1.45 crores were proposed.
NEPSE has listed 8,39,482.225 unit bonus shares of Ngadi Group Power Limited (NGPL). On the 25th of Falgun, the hydropower company held its 9th AGM and approved a 5% dividend for fiscal year 2078/79. On Falgun 1, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 1.76 Arba.
The NEPSE index closed at 1,838.48 today, down 28.31 points from the previous trading day’s close. This is a 1.52% decrease. Last Thursday, the index fell 8.28 points. The index began the day at 1,867.47 and reached an intraday high of 1,869.43. In contrast, it dropped as low as 1,833.68 before closing at 1,838.48.
Menchhiyam Hydropower Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 4th of Baisakh, 2080, the company will issue 934,915 unit shares with a face value of Rs 100. The company expects to earn Rs 9.34 crore from this IPO. This issue’s early
Asian Life Insurance Company Limited (ALICL) has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara. Among the other items on the agenda, the AGM will approve an 8.947% dividend of Rs. 26.01 crores for fiscal year
This week’s NEPSE index closed at 1,866.79, a loss of 41.76 points (2.19%). Last week, the index closed at 1,908.55, down 0.34% from the previous week. This week, the index reached a high of 1,928.66 and a low of 1856.69, resulting in 71.97 points of volatility. In the previous week, the index experienced 71.44
