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Ngadi Group Power Limited proposes a 5% dividend for the fiscal year 2078/79 1
Dividend

Ngadi Group Power Limited proposes a 5% dividend for the fiscal year 2078/79

For the fiscal year 2078/79, Ngadi Group Power Limited (NGPL) has proposed a 5% dividend. The board of directors decided on Falgun 1 to distribute the dividend on the paid-up capital of Rs. 1.76 Arba. A cash dividend of 0.25% and 4.75% bonus shares (for tax purposes) have been proposed.  

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Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend; 3
Dividend

Civil Laghubitta Holds AGM on February 29 to Approve 11.58% Dividend;

Civil Laghubitta Bittiya Sanstha Limited (CLBSL) has called its 11th AGM on 29th Falgun, 2079. The meeting will be held in Bougainvilla Events, Tripureshwor-11, Kathmandu, starting from 11 AM that day. Among the other agendas, the AGM will endorse an 11.58% dividend for the fiscal year 2078/79. The board of directors meeting decided to distribute […]

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Bhugol Energy Development Company to Issue IPO Shares 5
IPO | FPO

Bhugol Energy Development Company to Issue IPO Shares

  Bhugol Energy Development Company Limited has issued an offer letter to the project-affected residents of Dailekh District and Nepalese citizens working abroad in order to launch an Initial Public Offering (IPO). The initial public offering (IPO) for locals and Nepalese citizens working abroad will take place from the 8th to the 25th of Falgun, […]

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The NEPSE Index fell 60.88 points to close at 2,121.75. 7
Nepal Stock Exchange

The NEPSE Index fell 60.88 points to close at 2,121.75.

The NEPSE index finished at 2,121.75 today, down 60.88 points from the previous trading day’s close. This is a 2.79% decrease. Yesterday, the index rose 12.45 points. Today’s opening price for the index is 2,181.2, which is also the intraday high. It dropped as low as 2,117.67 before closing at 2,121.75. Through 51,226 transactions, 253 […]

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Prabhu Insurance Company Will Hold An AGM On February 23rd; The Company Will Endorse 7.05% 9
Dividend

Prabhu Insurance Company Will Hold An AGM On February 23rd; The Company Will Endorse 7.05%

  Prabhu Insurance Company Limited (PRIN) has called its 27th AGM on 23rd Falgun, 2079. The meeting will be held in the company’s head office located at Tinkune, Kathmandu, starting at 11 AM that day. Among the other agendas, the AGM will endorse a 7.05% dividend for the fiscal year 2078/79. The 414th meeting of […]

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Employed Abroad; Deadline Extended for Project Affected Locals Till Falgun 15 11
IPO | FPO

Employed Abroad; Deadline Extended for Project Affected Locals Till Falgun 15

Makar Jitumaya Suri Hydropower Company Limited is closing the issue of its IPO to the Nepalese citizens working abroad from today i.e. on 29th Magh and has extended the IPO issue deadline for project-affected locals till 15th Falgun, 2079. The issue had opened on 15th Magh, 2079. The issued capital of the company is Rs. […]

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Shangrila Development Bank Announces 8.983% Dividend Worth Rs 27.04 Crores for FY 2078/79 13
Dividend

Shangrila Development Bank Announces 8.983% Dividend Worth Rs 27.04 Crores for FY 2078/79

Shangrila Development Bank Limited (SADBL) has proposed a dividend of 8.983% amounting to Rs. 27.04 crores for fiscal year 2078/79. The board of directors decided on Magh 26 to distribute the dividend on the paid-up capital of Rs. 3.01 Arba. There has been proposed an 8.534% bonus share and a 0.449% cash dividend (for tax […]

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Union Life Insurance convenes its 5th AGM; endorses 8.97% bonus shares 15
IPO | FPO

Union Life Insurance convenes its 5th AGM; endorses 8.97% bonus shares

Union Life Insurance Company held its 5th Annual General Meeting (AGM) for the fiscal year 2077-78 on Magh 26, 2079, under the leadership of its Board of Directors, Mr. Sandeep Kumar Agrawal. According to the media statement, the AGM approved the financial reports for the previous fiscal year and decided on the remuneration of its […]

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Asian Hydropower Opening Issue of 697,200 Unit IPO Shares to General Public from Today 17
IPO | FPO

Asian Hydropower Opening Issue of 697,200 Unit IPO Shares to General Public from Today

Asian Hydropower Limited will issue 6,97,200 unit shares with a face value of Rs 100 starting today, March 27th, 2079. The company expects to earn Rs 6.97 crore from this IPO. This issue’s early closing date is Falgun 2, 2079, and if it is not fully subscribed, it can be extended until Falgun 12, 2079. […]

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Higher Operating and Interest Expenses Caused a 95.81% Drop in Ridi Power's Net Profit Company to Issue 50% Right Shares 19
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

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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