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 cash dividend is slightly more than Rs. 1.30 crores. ALICL’s current paid-up capital is Rs. 2.90 Arba.
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 paid-up capital following the IPO allotment would be Rs 28 crores.
Prabhu Capital Limited has been appointed as the proposed IPO’s issue manager.
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 of the firm is Rs. 6.75 Arba. NEPSE now lists the same bonus shares.
The company’s LTP is Rs. 475.30 as of this writing.
Nabil Bank Limited (NABIL) has 42,240,881 unit bonus shares listed on NEPSE.
On 29th Poush, 2079, the bank held its 38th AGM for the fiscal year 2078/79. The board of directors approved a 30% dividend for fiscal year 2078/79. On Mangsir 25, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 22.83 Arba. There was a proposal for 18.50% bonus shares worth Rs 4.22 Arba and 11.5% cash dividend (including bonus shares for tax purposes) worth Rs 2.61 Arba. NEPSE now lists the same bonus shares.
Sanima Middle Tamor Hydropower Limited will begin issuing 42,48,938 unit shares with a face value of Rs 100 on February 26th, 2079. This IPO is expected to generate Rs 42.48 crore for the company. This issue’s early closing date is 30th Falgun, and if it is not fully subscribed, it can be extended until 10th Chaitra, 2079.
Out of the total 49,98,750 units, 10%, or 499,875 units, have already been issued and allocated to Nepalese citizens working abroad, while 5%, or 249,937 units, have been set aside for mutual funds. The remaining 42,48,938 units will be available to the general public. Following the IPO, the company’s paid-up capital will be Rs. 3.33 Arba
Unnati Sahakarya Laghubitta Bittiya Sanstha Limited (USLB) has announced that it will not pay dividends in fiscal year 2078/79.
The Unnati Sahakarya Laghubitta Bittiya Sanstha Limited’s balance sheet for the fiscal year 2078/79 was approved at the 195th meeting of the board of directors held on Falgun 25, 2079 at 5:00 PM. The financial statements for 2078/79, including the profit and loss account and cash flow statement, are also reviewed and submitted for approval to Nepal Rastra Ban
Prime Life Insurance Company Limited (PLIC) has listed 36,13,500.25 Units Bonus Shares on NEPSE.
For the fiscal year 2077/78, the board of directors proposed bonus shares worth Rs. 36,13,500.25 and a cash dividend worth Rs. 1,90,18,422 from the paid-up capital of Rs. 2.77 Arba at its 162nd meeting. NEPSE now lists the same bonus shares.
A final merger agreement has also been completed between three life insurance companies, Union Life Insurance Co Ltd (ULI), Gurans Life Insurance Co Ltd (GLICL), and Prime Life Insurance Co Ltd (PLIC). The merger agreement was signed by the companies in order to strengthen the company’s capital base at a swap ratio of 1:1:1.
Himalayan Everest Insurance Limited (HEI) has scheduled its 29th annual general meeting for Chaitra 29, 2079. The meeting will begin at 11 a.m. that day at the Baneshwor Banquet in Thapagaun.
Among the other items on the agenda, the AGM will approve a 2.89% dividend for fiscal year 2078/79. The 297th meeting of the board of directors, held on Poush 26, decided to distribute a dividend of Rs. 2.23 Arba on the paid-up capital. A cash dividend of 0.14% and 2.75% bonus shares have been proposed. Thus, the bonus shares are valued at Rs. 6.15 crores, while the cash dividend is valued at Rs. 32.42 lakhs.
Today is the last day to claim Chhimek Laghubitta Bittiya Sanstha Limited’s proposed dividend of 25.26%. (CBBL).
On Chaitra 10, 2079, the company called its 21st AGM. The meeting will begin at 11 a.m. that day in Hetauda, Makawanpur.
Among the other items on the agenda, the AGM will approve a 25.26% dividend for fiscal year 2078/79. The 282nd meeting of the board of directors, held on Poush 27, decided to distribute a dividend of Rs. 2.32 Arba on the paid-up capital. There have been proposed 22% bonus shares worth Rs 51.13 crores and 3.26% cash dividend (including tax) worth Rs 7.57 crores.
NEPSE has listed 5,63,558 unit bonus shares of ICFC Finance Ltd (ICFC).
On Poush 29, 2079, the firm had its 19th AGM for the fiscal year 2078/79. The board of directors approved a 10% dividend for fiscal year 2078/79. On Mangsir 14, the board of directors resolved to issue the dividend on the paid-up capital of Rs. 1.12 Arba. There was a proposal for 5% bonus shares worth Rs. 5.63 crores and a 5% cash dividend (tax purposes) of Rs. 5.63 crores. NEPSE now lists the same bonus shares.
Last week, ICFC closed at Rs. 431.
Similarly, Aadhikhola Laghubitta Bittiya Sanstha Limited (AKBSL) has 3,57,000 unit bonus shares listed on NEPSE.
Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has reduced the dividend rate for fiscal year 2078/79 from 37.3684% to 33.15%.
The 72nd meeting of the board of directors, held on Falgun 06, resolved to give a dividend of Rs. 1.03 Arba on the paid-up capital. A cash dividend of 9.3684% and 28% bonus shares had been recommended.
The dividend was to be paid only after clearance from Nepal Rastra Bank and approval from the company’s future AGM. The dividend has been changed in accordance with Nepal Rastra Bank’s directives. As a result, a new dividend rate of 26% Bonus dividend and 7.15% cash dividend has been recommended.
Consequently, the bonus shares are valued at Rs. 26.89 crores, while the cash dividend is valued at Rs. 7.39 crores.
The bonus dividend of National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) has been reduced from 38.5% to 34.45%.
NMFBS proposed a Bonus Dividend of 38.5% for fiscal year 2078/79. The 141st board of directors meeting, held on Magh 9, proposed a 38.5% bonus from paid-up capital for fiscal year 2078/79. The company’s paid-up capital is Rs. 58.66 crores. As a result, the company proposed bonus shares worth Rs. 22.58 crores.