Modi Energy Limited has distributed IPO shares to Parbat District residents affected by the project. The allotment program came to an end on Chaitra 19, 2079. From the 25th Falgun to the 16th Chaitra, 2079, the company issued 29,00,000 unit IPO shares, representing 10% of the issued capital of Rs. 2.9 Arba, to project-affected […]
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.
Dolti Power Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 28th Chaitra of 2079, the company will issue 12,71,861 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 12.71 crore for the company. This issue’s
Ingwa Hydropower Limited is completing the distribution of 6,00,000 units of IPO shares to project-affected locals today, Chaitra 20, 2079. The problem had begun on the 21st of Falgun, 2079. The company’s issued capital is Rs. 60 crores, of which 10%, or 6,00,000 unit shares worth Rs. 6 crores, have been allocated to project-affected
National Life Insurance Company has announced bonus rates ranging from Rs 63 to Rs 85 per Rs 1000 for its insured customers. According to the information, the company will offer a Rs 63 bonus for up to 9 years of life insurance, Rs 64 for 10 to 20 years, Rs 70 for 21 to
After a successful merger between Siddhartha Insurance Limited (SIL) and Premier Insurance Company (Nepal) Limited (PIC), 28,065,499 shares of Siddhartha Premier Insurance Limited (SPIL) were listed on NEPSE. On the 27th of Ashad, 2079, SIL and PIC inked a merger agreement. The corporation had agreed to a merger with a swap ratio of 1:1. SIL’s
For the fiscal year 2078/79, Kamana Sewa Bikas Bank Limited (KSBBL) has proposed a dividend of 4.64%. The dividend will be paid from the company’s paid-up capital of Rs.3.14 Arba. A cash dividend of 0.23% and 4.41% bonus shares have been proposed. KSBBL has an LTP of Rs. 313 as of this writing. The
Dolti Power Company Limited has distributed IPO shares to Dailekh District residents affected by the project. The allotment program came to an end on Chaitra 20, 2079. The company’s issued capital is Rs. 53.64 crores, of which 10%, or 536,486 unit shares worth Rs. 5.36 crores, were allocated to project-affected Dailekh District residents. Meanwhile, 20%
According to the Nepal Stock Exchange, the final merger agreement between Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) has been completed and approved (MEPSE). Poush 11, where the chairman of both organizations signed a memorandum of understanding for merger, the companies had signed a memorandum of understanding for
Prudential Insurance had its 21st Annual General Meeting (AGM) on Chaitra 16, 2079, under the chairmanship of Mr. Vishal Agrawal. Apart from standard financial reports, the AGM approved a taxation proposal of 3.325% bonus shares and 0.17% cash dividend. According to the media announcement, the company’s paid-up capital would increase to Rs 1.22 arba.
Sagarmatha Jalvidyut Company Limited’s initial public offering (IPO) was completed today at Prabhu Capital Limited’s Kamaladi headquarters. Out of the total 43,68,000 units authorized for the general public, 10%, or 436,800 units, have already been issued and distributed to Nepalese people working abroad, 5%, or 218,400 units, have been put aside for mutual funds, and
Neco Insurance Limited (NIL) has distributed 15% bonus shares to its shareholders’ DEMAT accounts. The company has requested that its shareholders dematerialize their shares. On the 15th of Magh, 2079, the company held its 27th AGM for the fiscal year 2078/79. The AGM approved a dividend of 15.79% for fiscal year 2078/79. On Mangsir 18,
