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Infinity Laghubitta holds its sixth annual general meeting and approves the 20% dividend proposal to its shareholders. 1
Dividend

Infinity Laghubitta holds its sixth annual general meeting and approves the 20% dividend proposal to its shareholders.

On Falgun 14, 2079, Infinity Laghubitta held its sixth annual general meeting (AGM) for the fiscal year 2078–2079 under the direction of its chairman, Mr. Bala Ram Bista. The AGM has approved the board’s request to distribute 20% bonus shares worth Rs 8.29 crore to its shareholders from the profit it had generated in the […]

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Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio. 3
Business | Market | Economy

Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio.

The Balephi Hydropower Limited (BHL) board of directors decided to submit a proposal for approval at the following annual general meeting of the company for the issuance of rights shares in the ratio of 1 equal to 0.5 from the current paid-up capital of Rs. 1.827 Arba. This decision was made at the board’s meeting […]

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Siddhartha Insurance's (SIL) 9% Bonus Shares are Currently Listed on the NEPSE 5
NEPSE NEWS

Siddhartha Insurance’s (SIL) 9% Bonus Shares are Currently Listed on the NEPSE

Siddhartha Insurance Limited (SIL) has launched 11,59,200 unit bonus shares on NEPSE. On Poush 29, 2079, the firm had its 21st Annual General Meeting, at which the 9.4737% dividend for the fiscal year 2078/79 was approved. A 9% bonus share and 0.4737% cash dividend (for tax purposes) from the paid-up capital of Rs. 1.28 Arba […]

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"10.5% BOK Debenture 2086" is now available on the NEPSE. 7
NEPSE NEWS

“10.5% BOK Debenture 2086” is now available on the NEPSE.

In NEPSE, 11,00,000 units of “10.5% BOK Debenture 2086” have been listed. Bank of Kathmandu Limited issued 11,00,000 units of “10.5% BOK Debenture 2086” between the 2nd and 7th Bhadras of 2079. 6.60 lakh units were subscribed via private placement from the total issue of 11 lakh units, while the remaining 4.40 lakh units worth […]

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NEPSE Achieves A Positive Close: 4.55 Points Up As Turnover Remains At Rs. 2.525 Arba 9
NEPSE NEWS

NEPSE Achieves A Positive Close: 4.55 Points Up As Turnover Remains At Rs. 2.525 Arba

The NEPSE index increased 4.55 points from the previous trading day’s closing to close at 2,027.19 today. The gain here is 0.22%. On Thursday, the index fell 57.74 points. The index hit an intraday low of 1,961.24 and started the day at 2,016.54. Although it peaked at 2,029.66 and ended up closing at 2,027.19 Through […]

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IPO Allotment of Asian Hydropower Limited Concludes; 69,720 Applicants Out of 14,25,720 Applicants Get 10 Units Each 11
IPO | FPO

IPO Allotment of Asian Hydropower Limited Concludes; 69,720 Applicants Out of 14,25,720 Applicants Get 10 Units Each

Asian Hydropower Limited issued 6,97,200 units worth Rs 6.97 crore to the general public in an Initial Public Offering (IPO) (Magh 27- Falgun 2, 2079). Out of the total 840,000 units, 10%, or 84,000 units, have already been issued and allotted to Nepalese citizens working abroad, 2%, or 16,800 units, have been set aside for […]

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Lumbini General Insurance recommends 0.36% in cash dividends and 6.99% in bonus shares. 13
Dividend

Lumbini General Insurance recommends 0.36% in cash dividends and 6.99% in bonus shares.

AGM approval of the merger with Sagarmatha Insurance and the proposal of 6.99% bonus shares and 0.3679% cash dividend for taxation purposes are both mentioned in the media release in addition to the usual financial reporting. According to the press release, the AGM authorized the board to carry out all merger-related responsibilities and approved the […]

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Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2 15
Business | Market | Economy

Decrease in Sales Revenue and Increase in Finance Cost Results 33.12% Decline in Net Profit of Supermai Hydropower for Q2

The second quarter (Q2) of the current FY 2079/80 had a net profit decline of 33.12% for Supermai Hydropower Limited (SMHL). From Rs. 7.50 crores in the same quarter last year, the earnings dropped to Rs. 5.0184 crores this quarter. This quarter’s net profit decreased as a result of a fall in sales income and […]

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On Sunday, the Asian Hydropower IPO Allocation will be completed; 69,720 Applicants Will Get 10 Units Each. 17
NEPSE NEWS IPO | FPO

On Sunday, the Asian Hydropower IPO Allocation will be completed; 69,720 Applicants Will Get 10 Units Each.

On Sunday, or 14 Falgun 2079, is when Asian Hydropower Limited will distribute its first public offering (IPO) shares. From that day at 9 am, the allotment program would take place on the grounds of the issue manager, NMB Capital Ltd, in Naxal. From the 27th Magh to the 3rd Falgun, the company distributed 6,97,200 […]

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Starting today, Prabhu Bank will be selling 46,74,396 units of promoter shares to the general public and institutions. 19
IPO | FPO

Starting today, Prabhu Bank will be selling 46,74,396 units of promoter shares to the general public and institutions.

From now, that is, on 12 Falgun through 26 Falgun, 2079, the current promoters of Prabhu Bank Limited (PRVU) are selling its 46,74,396 unit promoter share at an auction. There will be an auction for 46,74,396 units of promoter shares. In an auction, bids may be submitted by institutions, businesses, or individual investors. The minimum […]

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