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Deprosc Laghubitta holds its 21st annual general meeting, at which it approves a 21.05% dividend and the acquisition of Adarsha Laghubitta. 1
Dividend

Deprosc Laghubitta holds its 21st annual general meeting, at which it approves a 21.05% dividend and the acquisition of Adarsha Laghubitta.

  Mr. Deepak Khanal, chair of Deprosc Laghubitta, presided over the company’s 21st AGM. For the previous fiscal year, the AGM approved 10% bonus shares and 11.052632% cash dividends for its shareholders. According to the media statement, the company’s paid-up capital will increase to Rs 1.52 arba after the bonus shares.

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Multipurpose Finance (MPFL) seeks approval from SEBON to issue 35% right shares. 3
Business | Market | Economy

Multipurpose Finance (MPFL) seeks approval from SEBON to issue 35% right shares.

Multipurpose Finance Company Limited handled the process of issuing rights shares (MPFL). In an application filed on February 29, the company requested approval from the Securities and Exchange Commission (SEBON) to issue rights shares. If SEBON grants permission for the said right shares, MPFL will distribute 35 percent of the paid-up capital, or 1:0.35, to […]

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NEPSE drops by only 0.27% to settle at 1,933.31 levels. 5
NEPSE NEWS

NEPSE drops by only 0.27% to settle at 1,933.31 levels.

  The NEPSE index closed at 1,933.31 today, down 5.32 points from the previous trading day’s close. This is a 0.27% decrease. Yesterday, the index fell 14.44 points. Today, the index opened at 1,938.62 and closed at 1,919.93. In contrast, it reached a high of 1,946.77 before settling at 1,933.31. Through 26,375 transactions, 258 scrips […]

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Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79. 7
Dividend

Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79.

  For the fiscal year 2078/79, Asian Life Insurance Company Limited (ALICL) has proposed a dividend of 8.947% worth Rs. 26.01 Crores. The board of directors decided today (Falgun 30) to distribute 8.50% bonus shares and a 0.447% cash dividend (for tax purposes). The value of the bonus shares is Rs. 24.71 crores, and the […]

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SEBON finally approves Rawa Energy Development's IPO proposal. 9
IPO | FPO

SEBON finally approves Rawa Energy Development’s IPO proposal.

  The Securities Exchange Board of Nepal (SEBON) has approved Rawa Energy Development Limited’s proposed initial public offering (IPO) on Falgun 25. The company will now issue 840,000 equity shares at NPR 100 per share. The issue is worth Rs. 8.4 crore. This is equivalent to 30% of the company’s issued capital. The company’s total […]

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Market Roundup: NEPSE Maintains Falling Trend, Dropping 14.44 Points to Limit Intraday Turnover to Rs 1.202 Arba 11
NEPSE NEWS

Market Roundup: NEPSE Maintains Falling Trend, Dropping 14.44 Points to Limit Intraday Turnover to Rs 1.202 Arba

  The NEPSE index closed at 1,938.62 today, down 14.44 points from the previous trading day’s close. This represents a 0.74% decrease. Yesterday, the index rose 1.85 points. The index opened today at 1,953.96 and reached an intraday high of 1,956.37. In contrast, it dropped as low as 1,926.57 before closing at 1,938.62.  

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NEPSE Releases Virtual Trading Platform Demo Version 13
NEPSE NEWS

NEPSE Releases Virtual Trading Platform Demo Version

  Nepal Stock Exchange Limited (NEPSE) has made a test version of a virtual trade management system (simulator) available in order to introduce prospective investors to the technology. The main concern is, “How does NEPSE’s online method work?” This method was implemented with the goal of educating people and providing useful information.  

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Chilime Hydropower Company's 7.5% bonus shares are now listed on the NEPSE. 15
NEPSE NEWS

Chilime Hydropower Company’s 7.5% bonus shares are now listed on the NEPSE.

Chilime Hydro Power Company Limited (CHCL) has launched 50,63,846.01 Units Bonus Shares on NEPSE. The board of directors suggested a 15% dividend for fiscal year 2078/79 during its 410th meeting on Mangsir 20. 7.5% bonus shares and 7.5% cash dividends of Rs. 50.63 crores each were proposed and delivered to shareholders. The current paid-up capital […]

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Gold is currently trading at Rs 104,100, having gained Rs 600 per tola today. 17
Gold | Silver | Forex SS

Gold is currently trading at Rs 104,100, having gained Rs 600 per tola today.

Today’s gold price has risen by Rs. 600 on the domestic market. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 104,100 per tola. Yesterday, the pricing remained unchanged at Rs. 103,500 per tola. Meanwhile, Tejabi gold is currently trading for Rs. 103,600. In […]

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Sabaiko Laghubitta holds its sixth annual general meeting and approves 18% bonus shares for shareholders. 19
Business | Market | Economy

Sabaiko Laghubitta holds its sixth annual general meeting and approves 18% bonus shares for shareholders.

  Sabaiko Laghubitta held its 6th AGM on Falgun 26, 2079, led by company chair Mr. Narayan Prasad Joshi. According to the media statement, the AGM decided to approve 18% bonus shares and 0.95% cash dividends to its shareholders, as well as authorize the board to conduct any merger/acquisition work with suitable institutions.

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