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Shangrila Development Bank Calls 19th AGM: Approves 5.263% Dividend and Addresses Key Agendas for Fiscal Year 2079/80
Shangrila Development Bank Limited (SADBL) has announced its 19th Annual General Meeting (AGM), scheduled for the 24th day of Mangsir, 2080. The meeting is set to take place at Lainchaur Banquet in Kathmandu, commencing at 11 AM. One of the significant agendas for the AGM is the endorsement of a 5.263% dividend amounting to Rs. […]
Read MoreSoaltee Hotel Limited Proposes 31.58% Dividend for FY 2079/80 and Announces 49th AGM
Soaltee Hotel Limited (SHL) has put forward a substantial dividend proposal of 31.58% for the fiscal year 2079/80. Additionally, the company has announced its 49th Annual General Meeting (AGM), scheduled for Poush 26, 2080. During a board of directors meeting convened on Mangsir 01, 2080, the decision was made to allocate the proposed 31.58% dividend […]
Read MoreVision Lumbini Urja IPO Allotment: High Demand with Oversubscription of 6.54 Times
The Vision Lumbini Urja Company Limited’s Initial Public Offering (IPO) allotment is scheduled for the upcoming Tuesday, the 5th of Mangsir, 2080. The allotment ceremony will take place at the premises of the issue manager, Muktinath Capital Limited, located in Kathmandu. Out of the total 2,400,410 units available, a portion has already been designated for […]
Read MoreStandard Chartered Bank Nepal Calls 37th AGM: Dividend Declaration, Financial Reports, and Amendments on the Agenda
Standard Chartered Bank Nepal Limited (SCB) has announced its 37th Annual General Meeting (AGM) scheduled for December 10, 2023, corresponding to the 24th day of Mangsir, 2080. The meeting is set to take place at the Army Officers Club in Bhadrakali, Kathmandu, starting at 1 PM, with the attendance book available for signatures from 8:00 […]
Read MoreGlobal IME Bank Announces 17th AGM: Agenda, Dividend Proposal, and Shareholder Information
Global IME Bank Limited (GBIME) has scheduled its 17th Annual General Meeting (AGM) for December 14, 2023, which corresponds to the 28th day of Mangsir, 2080. The AGM will take place at Nepal Pragya Pratisthan in Kamaladi, Kathmandu, commencing at 9 AM on the specified date. The outlined agendas for the AGM are as follows: […]
Read MoreNEPSE Index Records Increment Amidst Varied Sector Performances: Market Highlights and Top Movers
The NEPSE Index experienced a modest gain of 1.39 points, equivalent to 0.07% compared to the previous day’s closing, reaching a concluding value of 1,853.48 points. Notably, in the last trading session before the Tihar break, the index had encountered a loss of 11.85 points. The day commenced with an opening value of 1852.29, hitting […]
Read MoreNepal Life Insurance Reports 10.25% Growth in Net Profit and Strong Financial Indicators in Q1
Nepal Life Insurance has reported a notable expansion in its business volume and key financial metrics, as outlined in its recently published unaudited financial report for the first quarter of the current fiscal year. The company achieved a commendable 10.25% increase in net profit, affirming its positive financial trajectory. Maintaining a robust financial position, Nepal […]
Read More“SEBON Free Trade Union Launches Special Edition of Share Market Digdarshan Publication Amid Festive Celebrations”
During the festive occasions of Tihar, Nepal Sambat, and Chhat, the SEBON Free Trade Union introduced a special edition of its Share Market Digdarshan publication for the year 2080 on Kartik 24, 2080. The unveiling event witnessed the presence of Mr. Narayan Paudel, the chairman of the union, and Mr. Ramesh Kumar Hamal, the chairman […]
Read MoreIn celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood donation event at the bank’s head office, where over 150 donors made valuable contributions, as highlighted in a media statement. The bank, with a significant nationwide presence, operates in 71 districts and boasts a workforce of more than 3600 employees. It maintains a network comprising 228 branches, 204 ATM outlets, and 58 extension counters. The bank reports a paid-up capital of 14.69 arba, with deposit collections amounting to Rs 2.44 kharba and a credit portfolio of Rs 1.84 kharba. Additionally, the reserve fund stands at Rs 21.88 arba, contributing to a Capital Adequacy Ratio (CAR) of 14.49%, as stated in the media release. These CSR activities and the bank’s extensive reach and financial indicators underscore its commitment to both social welfare initiatives and maintaining a robust financial position in the banking sector.
In celebration of its 87th anniversary, Nepal Bank has undertaken various Corporate Social Responsibility (CSR) initiatives. One notable activity included the organization of a blood donation event at the bank’s head office, where over 150 donors made valuable contributions, as highlighted in a media statement. The bank, with a significant nationwide presence, operates in 71 […]
Read MoreNepal Warehousing Company IPO for Foreign Nepalese Immigrants Oversubscribed 5.71 Times, Closing Today
Nepal Warehousing Company is set to conclude the issuance of its Initial Public Offering (IPO) for Foreign Nepalese Immigrants today, marking the 24th of Kartik as the closing day. The IPO, which opened on the 10th of Kartik, 2080, has a total issued capital of Rs. 68.75 Crores. Of this, 20%, equivalent to 13,75,000 unit […]
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