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Upper Tamakoshi Hydropower Successfully Allots 88.88 Million Units of Right Shares, Refunds Non-Allotted Investors 1
Dividend Business | Market | Economy

Upper Tamakoshi Hydropower Successfully Allots 88.88 Million Units of Right Shares, Refunds Non-Allotted Investors

On the 28th of Mangsir, 2080, Upper Tamakoshi Hydropower Limited (UPPER) successfully allocated 8,88,80,470 units of right shares to its shareholders. The company initiated the refund process for non-allotted investors starting from the 3rd of Poush, 2080. Upper Tamakoshi Hydropower Limited had conducted a 100% right shares offering, open from the 18th of Bhadra to […]

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Pokhara Finance Limited Opts Not to Distribute Dividends for FY 2078/79 3
Dividend

Pokhara Finance Limited Opts Not to Distribute Dividends for FY 2078/79

Pokhara Finance Limited (PFL) has announced its decision to refrain from distributing any dividends for the Fiscal Year 2078/79. The resolution was reached during the 526th Board Meeting held on Poush 5. Importantly, the Board of PFL has not put forth any proposals for cash dividends or bonus shares for the FY 2079/80. It is […]

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"Unilever Nepal Initiates Distribution of 1580% Cash Dividend to Shareholders' Bank Accounts" 5
Dividend

“Unilever Nepal Initiates Distribution of 1580% Cash Dividend to Shareholders’ Bank Accounts”

Unilever Nepal Limited (UNL) has initiated the distribution of a 1580% cash dividend directly to the bank accounts of its shareholders starting from Poush, 2080. The company strongly encourages its shareholders to undergo the dematerialization process for their shares. The 30th Annual General Meeting (AGM) of Unilever Nepal for the fiscal year 2079/80 included the […]

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Infinity Laghubitta Bittiya Sanstha (ILBS) Decides Against Dividend Distribution for FY 2079/80 7
Dividend

Infinity Laghubitta Bittiya Sanstha (ILBS) Decides Against Dividend Distribution for FY 2079/80

Infinity Laghubitta Bittiya Sanstha Limited (ILBS) has declared that it will not be disbursing any dividends for the Fiscal Year 2079/80. The decision was made during the Board Meeting of ILBS on Poush 04, 2080. It was decided that the company would refrain from distributing dividends for the mentioned fiscal year. It’s important to note […]

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Nepal Investment Mega Bank's 10% NIMB Debenture 2090 Secures Regulatory Approval 9
Business | Market | Economy

Nepal Investment Mega Bank’s 10% NIMB Debenture 2090 Secures Regulatory Approval

The Securities Board of Nepal has granted approval for Nepal Investment Mega Bank Limited’s “10% NIMB Debenture 2090.” The regulatory nod was received on Poush 2, 2080. The debenture issuance, titled “10% NIMB Debenture 2090,” comprises a total of 40.40 lakh units, with each unit having a par value of Rs. 1,000. Out of the […]

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Butwal Power Company Calls 31st AGM: Endorses 5% Dividend and Proposes FPO 11
Business | Market | Economy IPO | FPO

Butwal Power Company Calls 31st AGM: Endorses 5% Dividend and Proposes FPO

Butwal Power Company Limited (BPCL) has announced its 31st Annual General Meeting (AGM) scheduled for the 29th of Poush, 2080, corresponding to January 14, 2024. The meeting is set to take place at Karki Banquet, Babarmahal, Kathmandu, starting at 11 am on the specified day. Among the various agendas to be discussed at the AGM, […]

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Budhanilkantha Heritage Hotel Calls 5th AGM with IPO Proposal and ICRA Nepal Rating 13
Business | Market | Economy IPO | FPO

Budhanilkantha Heritage Hotel Calls 5th AGM with IPO Proposal and ICRA Nepal Rating

Budhanilkantha Heritage Hotel Limited has announced its 5th Annual General Meeting (AGM), scheduled for the 27th of Poush, 2080 (equivalent to January 11, 2024). The meeting will take place at the company’s registered office in Budhanilkantha, Kathmandu, Nepal, beginning at 4:00 p.m. Among the various agendas, one notable item is the proposal to issue an […]

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Nepal Stock Exchange (NEPSE) Witnesses Significant Surge: A Comprehensive Analysis of Market Trends and Sector Performances 15
NEPSE NEWS

Nepal Stock Exchange (NEPSE) Witnesses Significant Surge: A Comprehensive Analysis of Market Trends and Sector Performances

In recent weeks, the Nepal Stock Exchange (NEPSE) has witnessed a substantial upward trend, particularly following the first quarterly monetary policy review on Mangir 22. Over the past eight trading days, the NEPSE Index has notably risen from the 1800 levels to the 2100 levels, marking a significant gain of 253.68 points. This surge is […]

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Shivam Cements Calls 8th AGM to Discuss 15% Dividend and Fiscal Year Reports 17
Dividend

Shivam Cements Calls 8th AGM to Discuss 15% Dividend and Fiscal Year Reports

Shivam Cements Limited (SHIVM) has announced its 8th Annual General Meeting (AGM), scheduled for the 27th of Poush, 2080 (equivalent to January 11, 2024). The meeting is set to take place at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, beginning at 9:00 am. One of the key agendas for the AGM is the endorsement of a […]

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"Siddhartha Premier Insurance Launches Auction of Promoter Shares: Open to General Public and Institutions" 19
IPO | FPO

“Siddhartha Premier Insurance Launches Auction of Promoter Shares: Open to General Public and Institutions”

The current promoters of Siddhartha Premier Insurance Limited (SPIL) have initiated the sale of 1,78,865 units of promoter shares through an auction. This auction is open to both interested promoter shareholders and the general public/institutions, spanning from the 4th Poush to the 13th Poush, 2080. In this auction, a total of 1,78,865 units of promoter […]

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