Provision
Siddhartha Premier Insurance’s 2.8 crore unit shares have been listed for trading on the NEPSE.
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 […]
Read MoreFor fiscal year 2078/79, Kamana Sewa Bikas Bank (KSBBL) proposes 4.64% bonus shares and 0.23% cash dividend.
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 […]
Read MoreThe Shangrila Development Bank meets.
Mr. Ujjwal Satyal, Mr. Sushil Kaji Baniya, and Mr. Sujan Siddhi Bajracharya from the promoter’s group were elected, as were Ms. Lisa Sherchan, Mr. Ganga Sagar Dhakal, and Mr. Naresh Dhungana from the public shareholder group. The bank’s network currently includes 112 branches and 30 ATM booths.
Read MoreOn Chaitra 20, Dolti Power Company distributed IPO shares to project-affected residents of Dailekh District.
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% […]
Read MoreNerude and Mirmire Laghubitta Sign Merger Agreement
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 […]
Read MoreSEBON Plans to Launch Nabil Investment Banking’s New Mutual Fund Scheme “NI 31”
In the most recent list of mutual fund scheme pipeline status published by the Securities Exchange Board of Nepal (SEBON), “NI 31” has recently been added under preliminary review. The fund size for NI 31 will be Rs. 15 crores divided into 1.5 crore units with a par value of Rs.10 per unit. On […]
Read MoreToday’s gold price is Rs 600 per tola, while silver is Rs 10 higher.
Today’s gold price has fallen by Rs. 600 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 108,600 per tola. Yesterday, the rate remained unchanged at Rs. 109,200 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 108,100. In contrast, the […]
Read MoreNEPSE fell 6.59 points (0.34%) this week, with a turnover of Rs 5.83 arba; Weekly Summary with Technical Analysis, Sector Comparison, Major Highlights, and More
This week’s NEPSE index closed at 1,908.55, down 6.59 points (0.34%). Last week, the index closed at 1,915.14, up 0.94% from the previous week. This week, the index reached a high of 1,936.43 and a low of 1.864.99, resulting in 71.44 points of volatility. In the previous week, the index experienced volatility of 55.81 points. […]
Read MorePrudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend.
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.
Read MoreThe Sagarmatha Jalbidhyut Company’s Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each.
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 […]
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