Shares

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Sanima Bank Lists 1,12,14,103.55 Units of Bonus Shares on NEPSE

Sanima Bank Limited (SANIMA) has successfully listed 1,12,14,103.55 units of bonus shares on the Nepal Stock Exchange (NEPSE). This follows the company’s 19th Annual General Meeting (AGM) held on 2nd Kartik, 2080, where a dividend of 14.7% for the fiscal year 2079/80 was endorsed. The proposed dividend included 9% bonus shares and a 5.7% cash

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Business | Market | Economy

Vishal Group Limited Initiates Auction of 15,00,000 Promoter Shares of Nepal Reinsurance Company Limited (NRIC) with NIC Asia Capital as Auction Manager

Vishal Group Limited has initiated the auction of 15,00,000 units of promoter shares belonging to Nepal Reinsurance Company Limited (NRIC). The auction, which commenced today on the 24th of Poush, is set to continue until the 29th of Magh, 2080. The auction specifically involves 15,00,000 units of promoter shares from Nepal Reinsurance Company Limited, and

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Dividend

SEBON Approval: Ridi Power and Arun Valley Hydropower Set to Issue Right Shares for Expansion

“The Securities Board of Nepal (SEBON) has given the green light to the rights offering proposals of two hydropower companies, Ridi Power Company Limited (RIDI) and Arun Valley Hydropower Development Company Limited (AHPC). Ridi Power Company plans to issue 50% right shares, totaling Rs. 77.44 Crores, equivalent to 7,744,506 units, to its existing shareholders. This

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