On the final day of Poush 2080, Nepal Clearing House Ltd. (NCHL) facilitated transactions totaling over NRs. 84 Billion through its payment systems. This marked a significant increase of 60 percent in transaction volume and 70 percent in transaction value compared to the corresponding day in the previous year. NCHL-ECC, NCHL-IPS, and RPS processed transactions […]
The auction closing day of Machhapuchchhre Bank’s 1,12,32,492 Units Promoter Shares marked a crucial milestone in the bank’s strategic initiatives. By offering these shares, the bank aimed to enhance capital, allowing for expansion and strategic projects.
Muktinath Bikas Bank effectively conducted its 17th Annual General Meeting in Pokhara on the 28th day of Poush, 2080 B.S. During the meeting, the approval was granted for the annual report of the fiscal year 2079/80, and a dividend distribution of 10.26% to shareholders was endorsed. This dividend comprises 9.75% in bonus shares and 0.51%
Mahalaxmi Bikas Bank Limited (MLBL) successfully concluded its 20th Annual General Meeting under the theme “Sabal Bank, Safal Sahakarya” at Lainchaur Banquet in Kathmandu. The meeting, led by Mr. Rajesh Upadhyay, Chairman of the Bank’s Executive Committee, undertook a comprehensive review of the financial performance for the fiscal year 2079/80. This assessment included a thorough
Himalayan Times Media Entertainment and Tech Ltd (HTMETL) has designated Muktinath Capital as its sales manager for the initial public offering (IPO) of ordinary shares. The agreement between HTMETL and Muktinath Capital, formalized on January 9, outlines the issuance of 700,000 units of ordinary shares valued at Rs 70 million. Each share has a face
Nepal Rastra Bank has recently published data outlining the financial performance of both commercial banks and development banks for the initial five months of the ongoing fiscal year 2080/81, concluding in Mangsir. Concerning commercial banks, the combined net profit for the first five months of the fiscal year 2080/81 in Nepal reached Rs. 28.36 Arba.
NLG Insurance Company Limited (NLG) has proposed a dividend of 5.78947% for the fiscal year 2079/80. In the 422nd meeting of the board of directors held on Poush 29, the decision was made to distribute this dividend on the paid-up capital of Rs. 1,45,92,75,791. The proposed dividend includes 5.5% bonus shares valued at slightly over
The Nepal Stock Exchange (NEPSE) Index concluded the day with a notable gain of 31.62 points, equivalent to a 1.51% increase from the previous day’s closing, reaching a total of 2,120.62 points. This follows a slight loss of 0.62 points in the index during the preceding trading day. The market commenced today with the index
The cost of the precious yellow metal has risen by Rs. 600 per tola today in comparison to the trading price on Friday. As per the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading value for fine gold is Rs. 1,19,200 per tola, marking a Rs. 600 increase from Friday’s rate
Himalayan Everest Insurance Limited (HEI) has scheduled its 30th Annual General Meeting (AGM) for February 25, 2080. The meeting will take place at Baneshwor Banquet in Thapagaun, starting at 11 AM. One of the key items on the AGM agenda is the approval of a 15% dividend for the fiscal year 2079/80. In a previous
After a brief four-day decline, gold is making a comeback with prices rising by Rs. 300 per tola today. The Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA) reports that fine gold is now trading at Rs. 118,600 per tola, marking a Rs. 300 increase from yesterday’s rate of Rs. 118,300 per tola. Similarly,
The current owners of Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) are offering 61,000 shares for auction to existing shareholders, starting from December 27, 2080. Among them, Santosh Shrestha plans to sell 56,000 shares, Padam Pani Kafle aims to sell 1,500 shares, and Bimala Sapkota Lamichanne intends to sell 3,500 shares to other existing promoters. This
