Provision

Existing Promoter of Himalayan Bank Limited Initiates Auction of 21,86,575 Shares for Promoter Shareholders 1
IPO | FPO

Existing Promoter of Himalayan Bank Limited Initiates Auction of 21,86,575 Shares for Promoter Shareholders

The current promoter of Himalayan Bank Limited (HBL) has initiated an auction process for 21,86,575 units of shares. This auction is exclusively available to existing promoter shareholders and commenced on the 7th of Jestha, 2080. The auction specifically targets existing promoters, who have the opportunity to submit their bids within a period of 35 days […]

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Iwa Khola Hydropower Project Faces Disruption in Commercial Electricity Production Due to Flood Damage 3
Business | Market | Economy

Iwa Khola Hydropower Project Faces Disruption in Commercial Electricity Production Due to Flood Damage

The Iwa Khola Hydropower Project, with a capacity of 9.9 MW and operated by Ridi Power Company Limited (RIDI), is currently facing disruptions in its commercial electricity production. The interruption is a result of damages caused by recent floods in the area. RIDI released a press statement informing that both units of the Iwa Khola […]

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"Vijaya Laghubitta Lists 20% Bonus Shares on NEPSE" 5
NEPSE NEWS

“Vijaya Laghubitta Lists 20% Bonus Shares on NEPSE”

  Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has recently listed 6,40,000 unit bonus shares on the Nepal Stock Exchange (NEPSE). During their 10th Annual General Meeting held on 28th Chaitra, the company approved a dividend of 21.0526%, totaling Rs. 6.73 Crores, for the fiscal year 2078/79. The board of directors, in a meeting on Magh […]

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Ghorahi IPO Blocked Money: Release Subject to Investigation Committee Report 7
IPO | FPO

Ghorahi IPO Blocked Money: Release Subject to Investigation Committee Report

The application fee that was held during the IPO process of Ghorahi Cement Industry Limited will be returned once the investigation committee completes its report. Tej Prasad Devkota, the Deputy Executive Director and Information Officer of SEBON, confirmed that the committee was recently established to investigate the matter.  

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"Nepal Republic Media IPO Allotment Concludes: 352,593 Applicants Receive 10 Units Each" 9
IPO | FPO

“Nepal Republic Media IPO Allotment Concludes: 352,593 Applicants Receive 10 Units Each”

  Nepal Republic Media Limited is conducting its IPO allotment on Monday, 11th Ashad, 2080. The allotment program will be held at Mega Capital Markets Limited in Kamaladi, Kathmandu, at 4 pm. The company has issued a total capital of Rs. 96.75 crores. Out of this, 43,53,000 unit shares worth Rs. 43.53 crores were reserved […]

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"Nepse Sees Marginal 0.23% Gain as Hotel and Tourism Index Surges" 11
NEPSE NEWS

“Nepse Sees Marginal 0.23% Gain as Hotel and Tourism Index Surges”

  Today, the NEPSE index, which represents the stock market performance in Nepal, closed at 2,055.53 points. It gained 4.75 points compared to the previous trading day, resulting in a 0.23% increase. Yesterday, the index had experienced a loss of 14.05 points. The trading day started with the index opening at 2,054.62 points. Throughout the […]

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KSBBL's 4.41% Bonus Shares Listed on NEPSE 13
NEPSE NEWS

KSBBL’s 4.41% Bonus Shares Listed on NEPSE

  Kamana Sewa Bikas Bank Limited (KSBBL) has recently listed 13,85,876.4667 unit bonus shares on the Nepal Stock Exchange (NEPSE). The bank approved a dividend of 4.64% during its 16th Annual General Meeting. The dividend will be distributed from the bank’s paid-up capital of Rs. 3.14 Arba. They have proposed to distribute 4.41% bonus shares […]

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"Non-life Insurers Resume Agro Insurance Sales Until Asar End; Threaten Halt if Subsidy Disbursement Fails" 15
Business | Market | Economy

“Non-life Insurers Resume Agro Insurance Sales Until Asar End; Threaten Halt if Subsidy Disbursement Fails”

  Non-life insurance companies in Nepal have decided to restart selling agro insurance policies until the end of Asar 2080, responding to persistent requests from the government and farmers. However, these companies have cautioned the government that they will stop issuing policies if the subsidy amount is not paid within the specified timeframe, according to […]

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After successful merger, 8.02 crore unit shares of Himalayan Life Insurance (HLI) listed on NEPSE for trading. 17
NEPSE NEWS

After successful merger, 8.02 crore unit shares of Himalayan Life Insurance (HLI) listed on NEPSE for trading.

  The merger between Gurans Life Insurance Company Ltd. (GLICL), Prime Life Insurance Company Limited (PLIC), and Union Life Insurance Company Limited (ULI) has resulted in the creation of Himalayan Life Insurance Limited (HLI). The merger agreement was signed on Ashad 29, 2079, with a swap ratio of 1:1:1. After the merger, a total of […]

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NEPSE plummets, down double digits; trading volume at Rs. 3.49 Arba. 19
NEPSE NEWS

NEPSE plummets, down double digits; trading volume at Rs. 3.49 Arba.

  The NEPSE index experienced a decline today, closing at 2,050.78 points, which reflects a loss of 14.05 points from the previous trading day. This translates to a decrease of 0.68% in the index value. Yesterday, the index had also experienced a decline of 26.56 points. During today’s trading session, the index opened at 2,067.21 […]

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