The NEPSE index closed at 1,866.68 today, down 5.20 points from the previous trading day’s close. This is a 0.28% decrease. Yesterday, the index fell 16.67 points.
Today, the index opened at 1,872.65 and closed at 1,856.69. In contrast, it reached a high of 1,880.31 before settling at 1,866.68.
Through 23,170 transactions, 264 scrips changed hands. A total of 2,971,947 shares were traded, totaling Rs. 91.76 crores in turnover. This is less than the previous day’s turnover of Rs. 92.02 Crores.
Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) has scheduled its 11th Annual General Meeting for 30th Baisakh, 2080. The meeting will begin at 9 a.m. that day at Dhulikhel Lodge Resort Pvt. Ltd., Dhulikhel, Kavrepalanchowk.
Among the other items on the agenda, the AGM will approve a 15% bonus share for fiscal year 2078/79. The company’s current paid-up capital is Rs. 79.19 Crores. For the fiscal year 2078/79, the company has proposed a 15% bonus dividend worth Rs. 11.87 Crores from its paid-up capital.
In the most recent list of mutual fund scheme pipeline status published by the Securities Exchange Board of Nepal (SEBON), “NI 31” has recently been added under preliminary review.
The fund size for NI 31 will be Rs. 15 crores divided into 1.5 crore units with a par value of Rs.10 per unit. On Chaitra 16, the application was submitted to SEBON. The mutual fund scheme’s fund manager is Nabil Investment Banking Limited. Nabil Bank, on the other hand, is the scheme’s Fund Sponsor.
NIC Asia Laghubitta Bittiya Sanstha Limited (NICLBSL) has scheduled its 5th Annual General Meeting for 10th Baisakh, 2080. The meeting will begin at 9 a.m. that day in Hotel Gajur Palace – Hotel in Dharan, Sunsari.
Among the other items on the agenda, the AGM will approve a 14.75% cash dividend for fiscal year 2078/79. The board of directors decided to pay out the entire dividend in cash at their meeting on Falgun 21. Because the company’s paid-up capital is Rs. 1,73,94,40,000, the cash dividend is worth slightly more than Rs. 25,65,67,400.
The “Mega Mutual Fund 1 (MMF1)” NAV report for the month of Falgun has been released.
“Mega Mutual Fund 1” is a closed-end fund with a 10-year maturity period. The fund size for the initial issue was Rs. 1.25 Arba.
The fund has invested Rs. 83.86 crores in Falgun’s listed shares. Non-listed shares were worth Rs. 3.66 crores, and fixed deposits were worth Rs. 10 crores. The fund has bank deposits worth Rs. 3.30 crores and other assets worth Rs. 2.39 crores.
Insurance companies are competing with one another to collect more premiums. Out of its 1.4 crore total active insurance policies, life insurance companies collected a total premium of Rs. 93.75 Arba during the fiscal year 2079/80.
According to a report published by the Nepal Insurance Authority, Nepal Life Insurance Company Limited collected Rs. 24.37 Arba on its own, with 978,626 active insurance policies as of Falgun, 2079.
Gurans Life Insurance Company Limited (GLICL) has scheduled its 13th Annual General Meeting for the 6th of Baisakh, 2080. The meeting will begin at 10:30 a.m. that day at the company’s headquarters in Tinkune, Kathmandu.
Among the other items on the agenda, the AGM will approve 13.2712772% bonus shares for fiscal year 2078/79. The Board of Directors decided on Chaitra 09 to distribute 13.2712772% bonus shares for fiscal year 2077/78. The dividend will be paid from the company’s paid-up capital of Rs. 2,23,93,70,000. The bonus shares are thus worth Rs. 29,71,93,000. Pass the resolution to amend the Articles of Association to reflect the increased capital of the company as a result of the issuance of bonus shares.
If you have the registration number,
You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office.
Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours.
As offices are closed on weekends and so is the DOTM Nepal most of us need to take half a day or take leave from work just to renew our license.
This is also one of the main reasons why people get fined and have to pay late renewal fees.
| Service | Driving License Renewal in Nepal |
|---|---|
| Issued By | Department of Transport Management |
| Validity | 5 Years |
| Renewal Fee | Rs 1500 |
| Fine After | 90 days or more |
| Payment Methods | Cash |
| Application Mode | Offline |
| Official website | https://www.dotm.gov.np/ |
To renew your driving license in Nepal you will need to visit the Department of Transport Management office and follow the process below.
As you already know Nepal has started implementing smart driving licenses including an option to upgrade for existing license holders.
This has hugely impacted DOTM’s printing and distribution timing, some are still waiting for their license after a year, so you might have to wait a little longer to receive your driver’s license.
But you will receive a receipt that can be used as a replacement until you receive your original renewed license.
Documents required to renew a driving license are
The first step is to take a token number for your license renewal, this is the waiting list. And receive your EDL print (license information) from room 101.
The room number might be different for different cities and offices.
The second step is to give or verify your digital biometrics, if you have given your biometrics to DOTM then they will verify your digital fingerprint and if your information matches. You will be sent to the next step.
The third step is to pass your medical, which is usually an eyesight and color blindness test. They will check if you can see properly or not.
If you fail this test then you might need to wear glasses and come back later.
The fourth step is to calculate how much you need to pay to renew your license. This depends on your license type and if you are paying on time or not.
If you have to pay for renewal before 90 days of expiry then you do not have to pay a fine but if this exceeds then you will be fined. Check the table below for fines and fees.
The fifth step is to pay your fees, you need to fill out a bank voucher and deposit it.
After paying you need to wait for the receipt. After it is ready they will call you by name and give it to you.
You will receive two receipts. One is payment and the other (Pink) can be used as a license.
After this, you can go home, and to check your license print status you can check their official website.
The Department of Transport Management charges renewal fees to all Nepalese license holders after the expiry date.
As of 2023 Driving license renewal charges in Nepal start from Rs 1500 for two-wheelers, 2000 for small vehicles such as Cars and Jeeps, 2500 for heavy vehicles, and the highest will be Rs 3000.
These renewal fees are divided into categories of vehicles see the image below for more information.
The validity of your license in Nepal is of 5 years only and if you want to keep using it then you need to renew it accordingly.
If you fail to renew your license on time then you will have to pay a fine as high as 500% plus your actual renewal fees.
If you fail to renew your license within 90 days of expiry, you will be charged 100% until the first year and will keep on adding 100% as the year passes by.
How much is the fine for an expired license in Nepal?
You need to pay a fine of 100% to 500% in Nepal if you fail to renew your license on time.
After how many months will I have to pay fines for an expired license in Nepal?
The Department of Transport Management starts charging fines for driver’s licenses after 3 months or 90 days of their expiry.
The entry fee for renewing a license in Nepal is Rs 1500, excluding other charges such as photocopies, photos, stamps, and application charges.
The cost of renewal depends on what type of license you own such as Bike, Car, and Big vehicle.
If your license is expired, then you cannot drive in public spaces. Unless you renew your license and pay the government the renewal fee. Also if you are caught driving without a license then you will be fined and might get other punishments as well.
Visit DOTM and follow the steps below to renew a license in Nepal.
1. Receive token and EDL print
2. Provide Biometrics
3. Pass medical checkup
4. Calculate your fees
5. Payment
6. Receive receipt (Wait for license print)
Yes, you can renew your driving license online, visit the DOTM’s official website dotm.gov.np for more information and the application process.
You can renew your license from The Department of Transport Management office in Kathmandu.
You can renew your Driving license from DOTM which is located in the Transport Management Office: Driving License, Prithivi Chowk, Pokhara
You have 3 months or 90 days after your license expires, after this period you will be fined 100% for the first year.
In Nepal, the maximum validity of a Driving License in Nepal is of 5 years.
Documents you need to renew your license in Nepal are a citizenship certificate, an expired driving license, and photographs.
Yes, you can renew your driving license early in Nepal.
It is easy to check the status of your license, you can check it on your driver’s license. It has all the information including the expiry date.
You can renew your driving license as usual but as it has exceeded more than 90 days, you will be charged a 100% fine for it.
Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has scheduled its 4th Annual General Meeting for 30th Chaitra, 2079. The meeting will be held in the company’s head office located at Katahari, Morang, starting at 10:30 PM that day.
Among the other items on the agenda, the AGM will approve a 14.99% dividend for fiscal year 2078/79. The company decided to pay out a dividend of Rs. 1.03 Arba on its paid-up capital. The proposal includes 14.285% bonus shares worth Rs. 14.77 crores and a 0.714% cash dividend worth Rs. 73.87 lakhs. The tax amount levied on the dividend is included in the
This is the last day to get a dividend of 15.7895% suggested by Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSLBB).
The corporation has scheduled its 12th Annual General Meeting for Chaitra 26th, 2079. The conference will begin at 11 a.m. that day at the Hotel New Era in Butwal.
Among the other items on the agenda, the AGM will approve a 15.7895% dividend of Rs. 2.33 crores for fiscal year 2078/79. The board of directors resolved on March 29 to distribute 15% bonus shares and 0.7895% cash dividend from the paid-up capital of Rs. 14.79 crores. As a result, the bonus shares are worth somewhat more than Rs. 2.21 crore, while the cash dividends are worth Rs. 11.67 lakhs.
Today is the last day to receive a dividend of 15.7895% proposed by Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSLBB).
The company has scheduled its 12th Annual General Meeting for Chaitra 26th, 2079. The meeting will begin at 11 a.m. that day at the Hotel New Era in Butwal.
Among the other items on the agenda, the AGM will approve a 15.7895% dividend of Rs. 2.33 crores for fiscal year 2078/79. The board of directors decided on March 29 to distribute 15% bonus shares and 0.7895% cash dividend from the paid-up capital of Rs. 14.79 crores. As a result, the bonus shares are worth slightly more than Rs. 2.21 crore, a