Shares

9% of the promoter shares of Prime Life Insurance Company are converted into public shares. 1
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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The BPW Laghubitta IPO will be completed on Friday; 8,095 applicants will receive 10 units each. 3
IPO | FPO

The BPW Laghubitta IPO will be completed on Friday; 8,095 applicants will receive 10 units each.

BPW Laghubitta Bittiya Sanstha Limited’s initial public offering (IPO) will take place this Friday, 3rd Chaitra, 2079. The allotment program will begin at 11 a.m. on the premises of the issue manager, Mega Capital Markets, in Kamalpokhari. From the 18th to the 23rd Falgun, the company issued 80,950 units of Rs 100 face value shares […]

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Gurans Laghubitta and Prime Commercial Bank Bonus Shares Are Finally Listed on the NEPSE 5
Business | Market | Economy NEPSE NEWS

Gurans Laghubitta and Prime Commercial Bank Bonus Shares Are Finally Listed on the NEPSE

  Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) has listed 39,000 Units Bonus Shares on NEPSE. The board of directors decided to distribute the dividend from the paid-up capital of Rs. 9.75 crores at its 117th meeting on Mangsir 27. The company proposed and distributed a 4% bonus share and a 0.210526% cash dividend. As a […]

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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. 7
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. 9
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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NEPSE drops by only 0.27% to settle at 1,933.31 levels. 11
NEPSE NEWS

NEPSE drops by only 0.27% to settle at 1,933.31 levels.

  The NEPSE index closed at 1,933.31 today, down 5.32 points from the previous trading day’s close. This is a 0.27% decrease. Yesterday, the index fell 14.44 points. Today, the index opened at 1,938.62 and closed at 1,919.93. In contrast, it reached a high of 1,946.77 before settling at 1,933.31. Through 26,375 transactions, 258 scrips […]

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Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79. 13
Dividend

Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79.

  For the fiscal year 2078/79, Asian Life Insurance Company Limited (ALICL) has proposed a dividend of 8.947% worth Rs. 26.01 Crores. The board of directors decided today (Falgun 30) to distribute 8.50% bonus shares and a 0.447% cash dividend (for tax purposes). The value of the bonus shares is Rs. 24.71 crores, and the […]

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SEBON finally approves Rawa Energy Development's IPO proposal. 15
IPO | FPO

SEBON finally approves Rawa Energy Development’s IPO proposal.

  The Securities Exchange Board of Nepal (SEBON) has approved Rawa Energy Development Limited’s proposed initial public offering (IPO) on Falgun 25. The company will now issue 840,000 equity shares at NPR 100 per share. The issue is worth Rs. 8.4 crore. This is equivalent to 30% of the company’s issued capital. The company’s total […]

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The IPO of IME Life Insurance Company has been added to the SEBON pipeline. 17
IPO | FPO

The IPO of IME Life Insurance Company has been added to the SEBON pipeline.

  The IME Life Insurance Company Limited Initial Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval. The company intends to sell 12 million unit shares to the general public for Rs. 276 each (Rs 100 face value + Rs 176 premium price). The company will raise a total of Rs. 3.312 […]

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The deadline for the auction of 296,000 Kumari Bank promoter shares has been extended to Chaitra 06 19
Business | Market | Economy

The deadline for the auction of 296,000 Kumari Bank promoter shares has been extended to Chaitra 06

The deadline for the sale of 2,96,000 units of promoter share has been extended till Chaitra 6, 2079, according to Kumari Bank Limited (KBL). KBL’s existing promoters have started auctioning off their 2,96,000 unit promoter stake. The auction began on the 16th of Falgun and was scheduled to end tomorrow, on the 30th of Falgun, […]

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