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Nepal Rastra Bank Begins Preparations for Fiscal Year 2080-81 Monetary Policy to Boost Economy
The Nepal Rastra Bank (NRB) has initiated the process of formulating the monetary policy for the upcoming fiscal year 2080-81. In line with the financial budget announcement for the same fiscal year, the central bank has commenced its work on preparing the monetary policy. To gather input and recommendations for the monetary policy formulation, the […]
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Exciting Opportunities Await: Ridi Power Company Calls Special General Meeting for Lucrative Rights Offering and Capital Amendment
Ridi Power Company Limited (RIDI) has announced its plan to hold a Special General Meeting (SGM) on 8th Ashad, 2080. The meeting will take place at the Indreni Complex in Naya Baneshwor, Kathmandu, starting at 11 am. One of the key proposals on the agenda is a rights offering of a 1:0.50 ratio, which means […]
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National Life Insurance Company Approves Bonus Shares and Cash Dividend in 35th AGM
National Life Insurance Company recently held its 35th Annual General Meeting (AGM) under the leadership of its chairman, Ms. Prema Singh, on Jestha 22, 2080. During the AGM, the shareholders approved the distribution of 8% bonus shares and a 6.5% cash dividend. Additionally, an additional cash dividend of Rs 1.95 crore was endorsed for taxation […]
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Avasar Equity Diversified Fund Invests in Two Hydropower Projects in Nepal’s Dolakha District
Avasar Equity Diversified Fund, Nepal’s first domestic Private Equity Fund registered with the Securities Board of Nepal (SEBON), has recently entered into an investment agreement with Him Parbat Hydropower Limited. Under this agreement, the Fund will invest NPR 39.06 crore in the development of two Run-of-river hydropower projects in Dolakha District of Bagmati Province. The […]
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Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) Calls 4th AGM with Proposed 15% Dividend Distribution
Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) has announced that today is the final day for shareholders to avail the proposed dividend. The company has scheduled its 4th Annual General Meeting (AGM) to take place on 4th Ashad, 2080. The AGM will be held at The SR Hotel in Tilottama Municipality -01, Drivertole, Rupandehi, starting […]
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Rawa Energy Development Limited Concludes IPO of 643,667 Unit Shares
Rawa Energy Development Limited has announced the closure of its Initial Public Offering (IPO) for the issuance of 643,667 unit shares with a face value of Rs. 100 per share. The IPO was opened on 18th Jestha, 2080 and will conclude on 22nd Jestha, 2080. Previously, the company had allocated 2,80,000 unit shares worth Rs. […]
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NEPSE Index Declines by 17.38 Points
The NEPSE (Nepal Stock Exchange) index concluded today’s trading session at 1,901.99 points, reflecting a loss of 17.38 points from the previous closing. This represents a decrease of 0.91% in the index. However, it is worth noting that the index had experienced a gain of 53.03 points in the preceding trading session. At the beginning […]
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RMDC Laghubitta Bittiya Sanstha Limited Lists 32.26 Lakh Unit Bonus Shares on NEPSE
Recently, RMDC Laghubitta Bittiya Sanstha Limited (RMDC) announced the listing of 32,26,772.45 unit bonus shares on the Nepal Stock Exchange (NEPSE). This development came after the company’s 24th Annual General Meeting (AGM), which took place on the 10th of Chaitra. During the AGM, the shareholders approved a dividend of 27.3684% for the fiscal year 2078/79. […]
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Gold Prices Drop by Rs. 1700 per Tola, Silver Also Declines by Rs. 20 per Tola
Gold prices experienced a decline today, losing Rs. 1700 per tola. According to the official website of the Federation of Nepal Gold and Silver Dealers’ Association, the current trading price for fine gold stands at Rs. 111,600 per tola, whereas it was maintained at Rs. 113,300 per tola the previous day. Similarly, Tejabi gold is […]
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NEPSE Index Surges by 53.03 Points, Closing at 1,919.37 with 2.84% Gain
The NEPSE (Nepal Stock Exchange) index concluded today’s trading session at 1,919.37 points, marking an impressive gain of 53.03 points from the previous closing. This increase translates to a growth rate of 2.84%. Last Thursday, the index had experienced a gain of 16.54 points. Interestingly, despite the market being scheduled to open at 11:00 am […]
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