Share market
First Microfinance Laghubitta Bittiya Sanstha Limited Initiates Auction of 1,20,000 Promoter Shares Managed by Prabhu Bank Limited
The current promoter of First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has initiated the sale of 1,20,000 units of promoter shares through an auction, which commenced on 7th Falgun and will continue until 11th Chaitra, 2080. The auction involves the sale of the entire 1,20,000 units of promoter shares, and interested promoter shareholders or institutions […]
Read MoreUnited Ajod Insurance Limited’s 30th AGM: Dividend Approval, Financial Reports, and New Board Elections Unveiled
United Ajod Insurance Limited (UAIL) held its 30th Annual General Meeting on Sunday, 6th Falgun, 2080, at Anmol Banquet, Shankhamul, Kathmandu. The meeting covered various key agenda items, including the approval of annual reports from the Management Committee, the financial performance for the fiscal year 2079/80, and the audit reports of former Ajod Insurance Ltd. […]
Read MoreLast Day for HRL and Asian Life Insurance Dividend Grab
Today marks the deadline to avail the 5.789% dividend offered by Himalayan Reinsurance Limited (HRL). The company has scheduled its 3rd Annual General Meeting (AGM) for 20th Falgun, 2080, to be held at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, starting at 11:00 AM. In the 55th board meeting held on Magh 25, it was decided […]
Read MoreCentral Finance: No Dividends for FY 2079/80
Central Finance Limited (CFCL) has announced that it will not be giving out any dividends for the Fiscal Year 2079/80. This decision was reached during the 335th Board Meeting held on Falgun 04. However, it’s essential to understand that this decision is dependent on the approval of the financial statements by the regulatory authority, Nepal […]
Read MoreShikhar Insurance: No Dividend for FY 2079/80
Shikhar Insurance Company Limited (SICL) has announced that it won’t be paying dividends for the Fiscal Year 2079/80. This decision came after the 322nd Board Meeting held on Falgun 04, 2080. However, the financial statements are pending approval from the Nepal Insurance Authority and will be discussed further in the upcoming Annual General Meeting. […]
Read MoreEastern Sahara Appoints Global IME Capital for 30 Lakh IPO Shares
Eastern Sahara Company Limited has chosen Global IME Capital Limited as the issue manager for its upcoming IPO of 30,00,000 units at NPR 100 each. The agreement was signed on Falgun 1, 2080, at Global IME Capital Limited’s office in Naxal, Kathmandu. The company, established as a public company in 2079, is based in Birtamode […]
Read MoreNEPSE Index Drops 1.31% to 2,034.82; HRL Leads in Turnover
On the first trading day of the week, the Nepal Stock Exchange (NEPSE) saw a drop, with the index falling by 27.21 points or 1.31% compared to the previous day, closing at 2,034.82 points. This continues a trend from the previous Thursday when the index went down by 14.46 points. Starting today’s trading, the market […]
Read MoreNEPSE Introduces New Classification System for Listed Companies
NEPSE has introduced a new classification system for listed companies, dividing them into groups A, B, G, and Z. This system aims to offer investors and stakeholders a clearer understanding of companies based on their financial status, performance, and governance. In the A category, which includes 31 companies, NEPSE has identified firms with a minimum […]
Read MoreClosing Today: 10% NIMB Debenture 2090 Public Issue
Nepal Investment Mega Bank Limited (NIMB) is wrapping up the offering of 40,40,000 units of “10% NIMB Debenture 2090” to both the general public and institutions, starting from today, 4th Falgun, 2080. These debentures, with a maturity period of 10 years and a coupon rate of 10%, were available for application since the 1st […]
Read MoreGold Surges by Rs. 600/Tola, Silver Up by Rs. 35
Today, the price of gold has risen by Rs. 600 per tola compared to yesterday’s trading price. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), fine gold is now being traded at Rs. 1,17,100 per tola, marking a Rs. 600 increase from yesterday’s price of Rs. 1,16,500 per tola. Similarly, […]
Read More