Promoter

Challenges and Prospects of the Newly Constructed Business Tower in Damak: A Critical Analysis 1
General News

Challenges and Prospects of the Newly Constructed Business Tower in Damak: A Critical Analysis

The recent unveiling of a multi-billion-rupee business tower in Damak by the government has ignited debates over its practicality, given reports of tepid interest from prospective commercial tenants. The towering edifice, standing 18 stories tall and spearheaded by CPN-UML chairman and former Prime Minister KP Sharma Oli, awaits its official inauguration amidst uncertainties surrounding its […]

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ADBL Introduces Digital Loan Facility on ADBL Smart Plus App to Enhance Financial Inclusion 3
Business | Market | Economy

ADBL Introduces Digital Loan Facility on ADBL Smart Plus App to Enhance Financial Inclusion

The Agricultural Development Bank Limited (ADBL) has launched a novel loan facility via the ADBL Smart Plus App, responding to the increasing demand for digital services and aiming to bolster financial access and inclusivity. This initiative enables eligible customers holding salary accounts with the bank to access instant loans of up to Rs. 2 lakhs […]

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Mandakini Hydropower Limited Lists Bonus Shares on NEPSE Following AGM Dividend Decision
Dividend

Mandakini Hydropower Limited Lists Bonus Shares on NEPSE Following AGM Dividend Decision

Mandakini Hydropower Limited (MHL) has recently listed 2,79,317.53 unit bonus shares on the Nepal Stock Exchange (NEPSE). This follows the company’s 10th Annual General Meeting (AGM), which took place on Poush 29, 2080, where a 5% dividend for the fiscal year 2079/80 was endorsed. During a board of directors meeting held on the 29th of […]

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NEPSE Index Records Gain of 1.13% Amid Vibrant Trading Activity 6
NEPSE NEWS

NEPSE Index Records Gain of 1.13% Amid Vibrant Trading Activity

The Nepal Stock Exchange (NEPSE) Index experienced a positive movement today, registering a gain of 1.13% or 22.75 points, reaching a closing value of 2,026.81 points. This follows a slight downturn of 2.73 points in the preceding trading session. The day began with an opening value of 2,009.05, and throughout the trading period, the index […]

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SKBBL Lists 47,47,555.941 Unit Bonus Shares on NEPSE 8
Dividend

SKBBL Lists 47,47,555.941 Unit Bonus Shares on NEPSE

Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) has recently listed a whopping 47,47,555.941 unit bonus shares on the Nepal Stock Exchange (NEPSE). This development follows the company’s 22nd Annual General Meeting (AGM) held on 29th Poush, 2080. During the AGM, SKBBL’s shareholders were delighted to hear about the approval of a generous 15% dividend […]

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Reliable Nepal Life Insurance (RNLI) Lists 64,00,000 Unit Bonus Shares on NEPSE 10
Dividend

Reliable Nepal Life Insurance (RNLI) Lists 64,00,000 Unit Bonus Shares on NEPSE

Today, we are excited to share the recent listing of 64,00,000 unit bonus shares of Reliable Nepal Life Insurance Limited (RNLI) on the Nepal Stock Exchange (NEPSE). This development comes after RNLI’s successful 7th annual general meeting held on 29th Magh, 2080, where a significant dividend was endorsed for the fiscal year 2079/80. During the […]

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SJLIC 35% dividend and promoter unlock-in end date at the same time 12
r/NepalStock

SJLIC 35% dividend and promoter unlock-in end date at the same time

What most people don't know about SJLIC is that the promoter share of approx. 1.24 crores unlocking ended on 20th Chaitra. More to see in price action in coming days. View on r/NepalStock by AmateurInvestorNepal

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Nepal Rastra Bank Unveils FY 2023/24 Macroeconomic Overview 14
Business | Market | Economy

Nepal Rastra Bank Unveils FY 2023/24 Macroeconomic Overview

Nepal Rastra Bank (NRB) has presented a comprehensive overview of Nepal’s current macroeconomic and financial status based on data from the first eight months ending mid-March 2023/24. Inflation and Trade Year-on-year inflation remained stable at 4.82%. Gross foreign exchange reserves reached USD 14.14 billion. Total imports decreased by 2.7%, exports by 4.0%, and trade deficit […]

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Gold Prices in Nepal Experience a Dip: Rs. 1,000 Decrease per Tola, Silver Follows Suit with a Rs. 20 Fall 16
Gold | Silver | Forex

Gold Prices in Nepal Experience a Dip: Rs. 1,000 Decrease per Tola, Silver Follows Suit with a Rs. 20 Fall

The current market for fine gold has witnessed a notable decrease, with the price dropping by Rs. 1,000 per tola. According to the latest information from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the present trading value for fine gold is Rs. 1,25,000 per tola. This reflects a reduction of Rs. 1,000 […]

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Nepal Investment Mega Bank Initiates Auction of Promoter Shares: Exclusive Opportunity for Existing Shareholders 18
Business | Market | Economy

Nepal Investment Mega Bank Initiates Auction of Promoter Shares: Exclusive Opportunity for Existing Shareholders

The current promoter of Nepal Investment Mega Bank Limited (NIMB) has initiated the auction of 2,55,741 units of shares, exclusively targeting existing promoter shareholders, starting from today, the 30th of Falgun, 2080. In this auction process, only the existing promoters of NIMB are eligible to participate in the bidding, and they have a window of […]

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