In accordance with the decision made during the Board of Directors meeting of People’s Power Limited (PPL), the company has resolved to issue right shares at a ratio of 1:0.5, equivalent to 50% of the existing shares. The decision, made during the meeting held on Mangsir 17, entails the issuance of 50% right shares based […]
A significant development has occurred with Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL), where 287,836 units of the company’s promoter shares have recently been transformed into public shares. This transformation has altered the ownership structure of HLBSL, resulting in a new ratio of 51% promoter shares to 49% public shares. To provide a clearer picture of
Mithila Laghubitta Bittiya Sanstha Limited (MLBBL) has changed its ownership structure by converting 176,402 promoter shares into public shares. This adjustment has shifted the ownership ratio from 60:40 to 51:49, with promoters now holding 51% of the company’s shares, and the public holding 49%. Currently, MLBBL has a total of 1,960,028 shares listed on
Synergy Power Development Limited (SPDL) has announced the issuance of its right shares through a public offer letter. The company will be offering existing shareholders the opportunity to apply for additional shares in the ratio of 2:1 (or, 1:0.5). This means for every two shares held, shareholders can apply for one additional share. The application
Ankhukhola Hydropower Company Limited (AKJCL) has recently announced a change in its right share ratio from 200% to 150%. During a board of directors meeting held on Jestha 17, 2080, the decision was made to issue 150% right shares on the company’s paid-up capital of Rs. 80 Crores. This decision aligns with the instructions given
Ajod Insurance Limited (AIL) has recently converted 19,00,000 units of promoter shares into public shares, resulting in a change in the company’s shareholding structure. Previously, the company had 70% of its shares held by promoters and 30% held by the public. However, with this conversion, the promoter-to-public shares ratio has shifted to 51:49. AIL, which
Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB) has recently announced its plan to issue a Follow on Public Offer (FPO) to the general public. The company aims to release 3,79,425 unit shares with a face value of Rs. 100 starting from the 11th of Jestha, 2080. The objective of this FPO is to collect Rs.
Prime Life Insurance Company Limited (PLIC) unit promoter shares have been converted to ordinary shares, bringing the company’s promoter-to-public share ratio to 51: 49. The company currently has 3,14,09,657 unit shares listed on NEPSE.Similarly, the shareholding structure of 60% promoters and 40% public has been altered to 51% promoter shares and 49% public shares.
Menchhiyam Hydropower Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 4th of Baisakh, 2080, the company will issue 934,915 unit shares with a face value of Rs 100. The company expects to earn Rs 9.34 crore from this IPO. This issue’s early
One company applied for a stock dealer license in the previous seven months, while 45 companies applied for stock broker licenses. Nonetheless, all procedures had been halted as a result of the Supreme Court’s directive. Seven months later, the broker license has been suspended, resulting in the freezing of approximately Rs. 12 Arba in
