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The final merger procedure between Sana Kisan Bikas and RMDC Laghubitta has been completed the swap ratio has been set at 1:0.87.
The ultimate merger procedure has been completed between Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) and RMDC Laghubitta Bittiya Sanstha Limited (RMDC). On Bhadra 31, 2079, the firms signed a merger agreement. Similarly, the share exchange ratio between Sana Kisan and RMDC has been determined to be 1:0.87. Investors who now own 100 shares […]
Read MoreJeevan Bikas Laghubitta Modifies the Dividend Rate for Fiscal Year 2078/79
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 […]
Read MorePrabhu Smart Fund Offers 255% Dividend Yield in 10 Years
The second plan of the Prabhu Capital Collective Investment Fund is now available for issue and sale as of 18 Falgun 2079. This fund issued 8 crore units worth Rs 80 crore at a fixed price of Rs 10 per unit. Prabhu Bank Ltd is the fund promoter of this plan, while Prabhu Capital Limited […]
Read MoreNational Microfinance (NMFBS) Modifies Bonus Dividend for Fiscal Year 2078/79
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 […]
Read MoreSEBON Approves 10.75% NMB Debenture 2089/2090; Bank Will Soon Issue 40 Lakh Unit Debentures
On Falgun 18, 2079, the Securities Board of Nepal (SEBON) approved the “10.75% NMB Debenture 2089/2090”. NMB Bank Limited (NMB) plans to issue 40 lakh unit debentures at Rs 1000 per unit. The bank will offer a 10.75% interest rate on the debenture for ten years
Read MoreSalt Trading Corporation’s net profit increased by 47.39% in the second quarter, to Rs 14.86 per share.
Salt Trading Corporation Limited (STC) has released its second-quarter report for fiscal year 2079/2080, which shows a 47.39% increase in net profit. The company’s net profit increased to Rs. 1.88 crores in Q2, 2079/2080 from Rs. 1.27 crores in the previous year’s corresponding quarter. The company’s sales revenue (revenue from operations) fell by 1.63% in […]
Read MoreReminder! Last Day to Claim Deprosc Laghubitta’s Dividend and Support Laghubitta
The deadline for claiming dividends proposed by Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) and Support Laghubitta Bittiya Sanstha Limited (SLBS) is today (SMB). The 21st Annual General Meeting (AGM) of Deprosc Laghubitta Bittiya Sanstha Limited (DDBL) has been scheduled for Falgun 30, 2079. The meeting will take place at the Hotel Seven Stars in Sauraha, […]
Read MoreMolung Hydropower Company’s Initial Public Offering (IPO) will be completed tomorrow.
olung Hydropower Company Limited’s initial public offering (IPO) will take place tomorrow, on the 19th of Falgun, 2079. The allotment program will begin at 10 a.m. on the premises of the issue manager, Sunrise Capital Limited, in Kamalpokhari. From the 4th to the 10th Falgun, the company issued 22,64,655 units of Rs 100 face value […]
Read MoreSwarojgar Laghubitta Announces Book Closure Date for its Dividend of 23.157%
Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) has announced the book closure date for its 23.1579% dividend worth Rs. 11.90 crores for fiscal year 2078/79 and has scheduled the 14th Annual General Meeting for Chaitra 11, 2079. The meeting will begin at 11:30 a.m. that day in Nepal Pragya Pratisthan, Kamaladi, Kathmandu. Among the other items […]
Read MoreSun Nepal Life Insurance Company’s IPO has been added to the SEBON pipeline.
Sun Nepal Life Insurance Company Limited (SNLICLInitial )’s Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval. The company intends to sell 9,600,000 unit shares to the general public for Rs. 250.55 per share (Rs 100 face value + Rs 150.55 premium price). The IPO will raise Rs. 2,405,280,000 in total.
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