Tag: paid

  • Sabaiko Laghubitta Approves 18.95% Dividend for Fiscal Year 2078/79

    Sabaiko Laghubitta Approves 18.95% Dividend for Fiscal Year 2078/79


    Sabaiko Laghubitta Bittiya Sanstha Limited (SABSL) has scheduled its 6th Annual General Meeting on the 26th of Falgun, 2079. The conference would begin at 10 a.m. that day at the Marsyangdi River View Resort in Bandipur.

    Among the other items on the agenda, the AGM will approve an 18.95% dividend of Rs. 5.11 crores for fiscal year 2078/79. On March 11, the board of directors resolved to disburse the dividend on the paid-up capital of Rs. 27 crores. Tax-free bonus shares of 18% and a cash dividend of 0.95% have been suggested. Thus, the bonus shares are worth little more than Rs. 4.86 crores, and the cash dividend is worth slightly more than Rs. 25.57 lakhs.

    There is also a plan to approve the auditor’s report containing PL statements, financial reports, and cash flow reports for fiscal year 2078/79 and select an auditor for fiscal year 2079/80. During the meeting, the proposal to provide the Board of Directors authority to monitor any company-related merger or acquisition procedures will be adopted.

    The book will be closed on February 14th. As a result, shareholders who held shares prior to that date are entitled to dividends and are welcome to attend this AGM.

  • Janautthan Samudayic Laghubitta proposes a 15.789% dividend of Rs 2.33 per share.

    Janautthan Samudayic Laghubitta proposes a 15.789% dividend of Rs 2.33 per share.


     

    For the fiscal year 2078/79, Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSLBB) has proposed a 15.7895% dividend worth Rs. 2.33 Crores.

    The board of directors decided on March 29 to distribute a 15.7895% dividend for fiscal year 2078/79, with 15% bonus shares and a 0.7895% cash dividend proposed 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, and the cash dividends are worth Rs. 11.67 lakhs.

     

  • Ngadi Group Power Limited proposes a 5% dividend for the fiscal year 2078/79

    Ngadi Group Power Limited proposes a 5% dividend for the fiscal year 2078/79


    For the fiscal year 2078/79, Ngadi Group Power Limited (NGPL) has proposed a 5% dividend.

    The board of directors decided on Falgun 1 to distribute the dividend on the paid-up capital of Rs. 1.76 Arba. A cash dividend of 0.25% and 4.75% bonus shares (for tax purposes) have been proposed.

     

  • Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend;

    Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend;


    Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has called its 11th AGM on 29th Falgun, 2079. The meeting will be held in Bougainvilla Events, Tripureshwor-11, Kathmandu, starting from 11 AM that day.

    Among the other agendas, the AGM will endorse an 11.58% dividend for the fiscal year 2078/79. The board of directors meeting decided to distribute the dividend on the paid-up capital of Rs. 28.81 Crores11% bonus shares and 0.58% cash dividend (for tax purposes) have been proposed by the company. Thus, the bonus shares are worth slightly over Rs. 3.16 crores and the cash dividend is worth slightly over Rs. 16.68 lakhs. The meeting will also elect an independent director and convert the promoter to public shareholding ratio from 60: 40 to 51:49.

     

  • NLG Insurance reports a decrease in business volume and profitability in the second quarter.

    NLG Insurance reports a decrease in business volume and profitability in the second quarter.


     

    NLG Insurance Company Limited (NLG) has released its second-quarter report for fiscal year 1979/80. The company reported a net profit of Rs 10.6 crore, compared to a net profit of Rs 11.4 crore in the same quarter last year. This quarter, NLG’s net profit increased by 3.63%.

    The company’s paid-up capital is Rs.1.32 arba, which is a 10% increase over the previous year. The reserves and surplus were Rs 34.16 crore as compared to Rs 36.59 crore in the previous quarter. The company’s insurance fund is worth Rs. 1.20 Arba, and the contingent fund is worth Rs. 6.2 Crores.

     

  • How to transfer balance in NTC

    How to transfer balance in NTC


    If you’re seeking for a simple way to transfer your NTC balance, you’ve come to the perfect location. We will lead you through the procedure step by step in this blog article. So, whether you want to top up your phone or transfer money to a buddy, we’ll teach you how to do it fast and easily.

    This post will show you how to quickly transfer your balance from NTC to NTC. We’ll also give you some pointers on how to get the most out of your NTC service.

    How To Transfer Balance In NTC

    You can transfer your balance in NTC in different ways. You can transfer your balance in NTC via different methods. We will discuss two methods in this blog post.

    You can transfer the NTC balance without a security code. And, also there is another way to transfer the balance where you have to provide your valid security code.

    How to Get the Security Code of NTC?

    To transfer balance NTC to NTC you have to require your security code. If you know the security code of the sender’s NTC card, You can proceed instant balance transfer to NTC. but, if you don’t know your security number, here is the complete guide on how you can get that.

    To Get the Security Code of NTC, follow this process:

    1. Open the messaging app on your phone.
    2. Type SCODE as content
    3. Send it to 1415
    4. Wait for the reply

    You’ll get an instant reply “Dear customer, your password is being reset.”

    After a few seconds you’ll get another reply from the telecom, “Dear Your Name, the password reset has been completed according to your request. Your new password is ********. If you need further support, please contact”

    “Our customer service staff –**-***-****   **:**:**”

    After receiving your security code for the NTC sim card, you can use this code to transfer the balance in NTC to NTC.

    Note: Your security code is always 8 digits long.

    NTC Balance Transfer Through USSD

    After you know your security code, follow these steps for a successful NTC balance transfer.

    1. Open the call-dialing keypad on your phone
    2. Type *422*
    3. Enter the security code
    4. Type *
    5. Now, enter the NTC number where you want to transfer the balance
    6. Type again
    7. Enter the amount you want to transfer
    8. Type #
    9. Now, press the call button

    Congratulations!! You have successfully transferred the balance.

    You’ll get a notification on your messaging app “*** Rupees has been successfully transferred to 98********”

    NTC Transfer Balance Via NT App

    You can transfer your balance in NTC via the NT App. To do this, you will need to have the NT App installed on your phone. Once you have the NT App installed, you will need to open it and sign in. Once you are signed in, you will see your balance at the top of the screen.

    You can download the NT app from the google play store and apple store. This is the best and fastest way to NTC balance transfer. You can transfer NTC balance without a security number.

    Follow this process to transfer the balance in NTC using NT App:

    1. Open the NTC app
    2. Click the Red Button that says Transfer Balance
    3. Enter the destined prepaid NTC mobile number
    4. Enter the amount you want to transfer
    5. Click OK
    6. The OTP will be asked and at the same time will be sent to your number.
    7. Validate the OTP

    You have successfully transferred the balance into the number!!

    You can do the process of NTC balance transfer using the NT App. NTC to NTC balance transfer can be done without a security code in NT App. If you want to transfer your NTC balance without a security code, use NT App Online. If you don’t have internet connectivity you can also use this app offline to transfer your NTC balance.

  • Mahalaxmi Life Insurance observes its 4th anniversary

    Mahalaxmi Life Insurance observes its 4th anniversary


     

    Mahalaxmi Life Insurance observed its 4th anniversary on Magh 27, 2079 where the company is the youngest in the insurance sector has gone through a lot of ups and downs.

    The company has increased its paid-up capital by 50%, reserve by 60.7%, life insurance fund by 56.4%, investment portfolio by 29.5%, claim settlement by 38%, and profit by 35.4% by Poush end, 2079 when compared to the same period last year, as per the media statement.

     

  • Prabhu Insurance Company Will Hold An AGM On February 23rd; The Company Will Endorse 7.05%

    Prabhu Insurance Company Will Hold An AGM On February 23rd; The Company Will Endorse 7.05%


     

    Prabhu Insurance Company Limited (PRIN) has called its 27th AGM on 23rd Falgun, 2079. The meeting will be held in the company’s head office located at Tinkune, Kathmandu, starting at 11 AM that day.

    Among the other agendas, the AGM will endorse a 7.05% dividend for the fiscal year 2078/79. The 414th meeting of the board of directors held on Poush 24 decided to distribute the dividend on the paid-up capital of Rs. 1.28 Arba. 6.70% bonus shares worth Rs 8.64 crores and 0.35% cash dividend (for tax) worth slightly over Rs 45.47 lakhs have been proposed.

     

  • Rastriya Beema Company’s Profit Increased by 92.57% in Q2

    Rastriya Beema Company’s Profit Increased by 92.57% in Q2


    The earnings of Rastriya Beema Company Limited (RBCL) climbed by an astonishing 92.57% in the second quarter of fiscal year 2079/80 compared to the same period the previous year.

    According to the financial report released today, it made a net profit of Rs 37.41 crore in the second quarter of fiscal year 2079/80, up from Rs 19.43 crore in the same period of fiscal year 2078/79.

    While its net premium income climbed by 64.60% from Rs 12.88 Crore to Rs 21.21 Crore at the end of the second quarter of this year, its reinsurance commission revenue declined to Rs 9.4 Crore from Rs 9.9 Crore.

    It presently has Rs 3.57 Arba in reserve and Rs 2.85 Arba in insurance funds. It has a paid-up capital of Rs.26.66 Crore.

    Its earnings per share are Rs 280.67, its net worth per share is Rs 1439.77, and its P/E ratio at the end of the quarter is 14.25 times.

  • National Life Insurance’s net profit increases by an astounding 57.70%.

    National Life Insurance’s net profit increases by an astounding 57.70%.


    National Life Insurance Company Limited (NLICL) has released its second-quarter report for fiscal year 2079/2080, showing a 57.70% increase in Net Profit compared to the previous year’s equivalent period. The net profit of the firm climbed to Rs. 22.73 crores in this quarter from Rs. 14.41 crores in the previous quarter.

    National Life has a paid-up capital of Rs. 4.64 Arba and a reserve of Rs. 26.65 crores, according to the unaudited report for the second quarter issued today.

    The corporation has a life insurance policy worth Rs. 56.15 Arba and a contingency fund worth Rs. 37.20 crores.

    The Net Premium increased by 10.84% to Rs. 7.53 Arba in FY 2079/2080 from Rs. 6.79 Arba in the previous year’s equivalent quarter. The firm earned Rs. 2.12 arba through investment, loans, and other sources. NLICL reports a write-back for potential losses of Rs. 70.53 Lakh for this period.

  • Shangrila Development Bank Announces 8.983% Dividend Worth Rs 27.04 Crores for FY 2078/79

    Shangrila Development Bank Announces 8.983% Dividend Worth Rs 27.04 Crores for FY 2078/79


    Shangrila Development Bank Limited (SADBL) has proposed a dividend of 8.983% amounting to Rs. 27.04 crores for fiscal year 2078/79. The board of directors decided on Magh 26 to distribute the dividend on the paid-up capital of Rs. 3.01 Arba. There has been proposed an 8.534% bonus share and a 0.449% cash dividend (for tax purposes). Thus, the bonus shares are worth slightly more than Rs. 25.69 crores, and the cash dividend is worth slightly more than Rs. 1.35 crores.

     

     

  • Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares

    Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares


    Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined to Rs. 1.96 crores in this quarter from Rs. 46.98 crores in the previous year’s equivalent quarter.

    In this quarter, the firm recorded total income of Rs. 18.92 crores, a 71.94% reduction from the previous year’s similar period.

    According to management, there has been no substantial change in the organization’s balance, income, or liquidity during this quarter. The operations are carried out in accordance with the company’s business plan. During this quarter period, as the company’s interest climbed, the income decreased, and it is projected that the profit will improve when the interest expenditure reduces in the future days, and the income will improve from the following quarter.

    It has a reserve resource of Rs. 50.25 crores and a share capital of Rs 1.10 Arba. For Fiscal Year 2078/79, the corporation additionally proposed 40% bonus shares worth Rs. 44,25,43,200 and a 2.10% cash dividend (including tax) of Rs 2,32,33,518. The firm has capitalized these extra dividends, resulting in an increased paid-up capital of Rs. 1.54 Arba.

    Furthermore, the business intends to issue 77,44,506 rights shares (1: 0.50 ratio right shares) to shareholders. Following SEBON clearance, this will be given from the paid-up capital of Rs. 1.54 Arba.

    Its annualized earnings per share are Rs 3.56, its net value per share is Rs 145.43, and its P/E ratio is 153.94.