Shareholders

Siddhartha Bank's Promoter Shares will being auctioned off starting today. 1
Business | Market | Economy

Siddhartha Bank’s Promoter Shares will being auctioned off starting today.

From today, 14th Chaitra, 2079, the promoter shareholder of Siddhartha Bank Limited (SBL) is auctioning 114,813 units of shares to existing promoter owners. SBL unit promoter shares worth 114,813 will be auctioned off. Only existing promoters are entitled to bid on the auction within 35 days after its publication, on the 14th Chaitra. Shareholders should […]

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Aviyan Laghubitta (AVYAN) shareholders will not receive a dividend in fiscal year 2078/79. 5
Dividend

Aviyan Laghubitta (AVYAN) shareholders will not receive a dividend in fiscal year 2078/79.

Aviyan Laghubitta Bittiya Sanstha Limited (AVYAN) has announced that it will not pay dividends in fiscal year 2078/79. The AVYAN Board of Directors decided on Chaitra 06, 2079, that no dividends will be paid for fiscal year 2078/79. The financial statements, however, are subject to approval by Nepal Rastra Bank and the company’s upcoming Annual […]

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Api Power Company Right Shares in SEBON Pipeline; Company to Issue 40% Right Share Soon 9
IPO | FPO

Api Power Company Right Shares in SEBON Pipeline; Company to Issue 40% Right Share Soon

The Securities Exchange Board of Nepal (SEBON) has added Api Power Company Limited (API) right shares to its preliminary review pipeline. The hydropower company intends to issue 40% right shares worth Rs. 1.65 Arba to its existing shareholders in the form of 16,533,137 (1:0.40) units of right shares. API’s current paid-up capital, after adjusting for […]

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9% of the promoter shares of Prime Life Insurance Company are converted into public shares. 11
Business | Market | Economy

9% of the promoter shares of Prime Life Insurance Company are converted into public shares.

  Prime Life Insurance Company Limited (PLIC) has announced a change in its promoter to public shareholding ratio. On the 24th Poush, 2079, the company held its 15th AGM. The AGM approved the board’s proposal to change the promoter/public share ratio of the company from 60:40 to 51:49. The company has now informed that if […]

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Deprosc Laghubitta holds its 21st annual general meeting, at which it approves a 21.05% dividend and the acquisition of Adarsha Laghubitta. 13
Dividend

Deprosc Laghubitta holds its 21st annual general meeting, at which it approves a 21.05% dividend and the acquisition of Adarsha Laghubitta.

  Mr. Deepak Khanal, chair of Deprosc Laghubitta, presided over the company’s 21st AGM. For the previous fiscal year, the AGM approved 10% bonus shares and 11.052632% cash dividends for its shareholders. According to the media statement, the company’s paid-up capital will increase to Rs 1.52 arba after the bonus shares.

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Multipurpose Finance (MPFL) seeks approval from SEBON to issue 35% right shares. 15
Business | Market | Economy

Multipurpose Finance (MPFL) seeks approval from SEBON to issue 35% right shares.

Multipurpose Finance Company Limited handled the process of issuing rights shares (MPFL). In an application filed on February 29, the company requested approval from the Securities and Exchange Commission (SEBON) to issue rights shares. If SEBON grants permission for the said right shares, MPFL will distribute 35 percent of the paid-up capital, or 1:0.35, to […]

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Chilime Hydropower Company's 7.5% bonus shares are now listed on the NEPSE. 17
NEPSE NEWS

Chilime Hydropower Company’s 7.5% bonus shares are now listed on the NEPSE.

Chilime Hydro Power Company Limited (CHCL) has launched 50,63,846.01 Units Bonus Shares on NEPSE. The board of directors suggested a 15% dividend for fiscal year 2078/79 during its 410th meeting on Mangsir 20. 7.5% bonus shares and 7.5% cash dividends of Rs. 50.63 crores each were proposed and delivered to shareholders. The current paid-up capital […]

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Sabaiko Laghubitta holds its sixth annual general meeting and approves 18% bonus shares for shareholders. 19
Business | Market | Economy

Sabaiko Laghubitta holds its sixth annual general meeting and approves 18% bonus shares for shareholders.

  Sabaiko Laghubitta held its 6th AGM on Falgun 26, 2079, led by company chair Mr. Narayan Prasad Joshi. According to the media statement, the AGM decided to approve 18% bonus shares and 0.95% cash dividends to its shareholders, as well as authorize the board to conduct any merger/acquisition work with suitable institutions.

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