reduces

SEBI Reduces IPO Listing Time in India 1
IPO | FPO

SEBI Reduces IPO Listing Time in India

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  India’s regulatory authority for the capital market, the Securities and Exchange Board of India (SEBI), has announced a significant reduction in the time required to list shares after an initial public offering (IPO). Previously, shares could be listed within 6 days of the IPO sale’s closure, but now this timeline has been cut in […]

Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power's Net Profit Company to Issue 50% Right Shares 3
IPO | FPO, NEPSE NEWS

Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power’s Net Profit Company to Issue 50% Right Shares

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Ridi Power Company Limited (RIDI) reported a 95.81% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit declined to Rs. 1.96 crores in this quarter from Rs. 46.98 crores in the previous year’s equivalent quarter. In this quarter, the firm recorded total income of Rs. 18.92 crores, a

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