Pokhara Metropolitan City has announced plans to offer a 70 percent grant in the agriculture sector based on production. The Deputy Mayor, Manju Devi Gurung, revealed this during the presentation of the budget for the upcoming fiscal year 2080/81. The city aims to prioritize investment by providing a minimum of 70 percent grant to classified […]
Terhathum Power Company Limited (TPC) has suggested giving 100% rights shares to its existing shareholders. This decision was taken during a meeting of the Board of Directors on Ashad 12, 2080. The main aim behind issuing these rights shares is to support the progress of the Khorunga Tangmaya Khola hydropower project, which has a capacity
Barun Hydropower Company Limited (BARUN) has decided in its recent Board of Directors meeting to issue 100% right shares, which means one additional share for every existing share. Currently, BARUN has 5,358,150 unit shares listed on the Nepal Stock Exchange (NEPSE) and a paid-up capital of Rs. 53.58 Crores. If the issuance of the
Upper Syange Hydropower Limited has announced the closure of its Initial Public Offering (IPO) for 539,500 shares with a face value of Rs 100 each. The IPO was open to the general public from July 10th, 2080, and concluded on July 13th, 2080. The company aimed to raise Rs 5.39 crore from this offering, which
Samudayik Laghubitta Bittiya Sanstha Limited (SLBSL) has announced that today is the final day to avail the dividend they have proposed. The company has scheduled its 9th Annual General Meeting (AGM) on the 22nd of Ashad, 2080. The AGM will take place at The Dhulikhel Lodge Resort in Dhulikhel, Kavrepalanchowk, starting from 11 AM.
Sanima Reliance Life Insurance has introduced a renewal scheme aimed at waiving off 100% of delayed charges for its current policyholders. The scheme will be available from Asar 11 to 28, 2080. The company has encouraged its customers to take advantage of this opportunity, according to a media statement.
Dibyashwori Hydropower has chosen Mega Capital Market as the issue manager for its upcoming right shares offering to its existing shareholders. According to a media statement, the company will be issuing shares in a 1:1 ratio. A memorandum of understanding (MoU) was signed between the acting CEO of Mega Capital Market, Sulav Shrestha, the
In the month of Jestha, 2080, the monthly transactions through CORPORATEPAY exceeded NRs. 50 Billion, marking the highest amount for a single month since its launch in Magh 2077. The total transaction value for the current fiscal year has surpassed NRs. 421 Billion, a significant increase from the previous fiscal year’s NRs. 190.5 Billion.
The NEPSE index had a positive day as it closed at 2,186.36, gaining 56.94 points compared to the previous trading day. This signifies a gain of 2.67%. Yesterday, the index had also gained 11.69 points. The trading session began at 2,132.61 and reached its lowest point at 2,132.48. However, it quickly rebounded and reached
The government has announced a public holiday on Thursday to celebrate Bakrid (Eid-ul-Adha). The Ministry of Home Affairs issued a press release stating that in accordance with the information published in the Nepal gazette, the holiday is granted to observe Bakrid on Ashad 14, 2080. On this day, all public offices, including the Nepal Stock
India and Nepal have made a significant agreement for India to purchase 200 megawatts (MW) of electricity from Nepal during the rainy season. The deal will last for five years and is seen as an important step in their long-term electricity trade. Unlike the previous method of selling electricity through a competitive market, this new
Samata Gharelu Laghubitta Bittiya Sanstha Limited (SMATA) recently listed 5,14,116.29 unit bonus shares on the Nepal Stock Exchange (NEPSE). During its 9th Annual General Meeting held on the 11th of Chaitra, the company approved an 18% dividend amounting to Rs. 6.16 Crores for the fiscal year 2078/79. Furthermore, in a board meeting on Magh
