The Electricity Regulatory Commission has given final approval to Liberty Energy Company Limited (LEC) to issue 1 right share for every 2 existing shares held by its shareholders. In its 11th, 12th, and 13th AGM held on 25th Baisakh, the company agreed to provide its shareholders with 50% right shares. The total value of […]
Mathillo Mailung Khola Jalbidhyut Limited is ending the IPO application for Nepalese citizens working abroad today, which started on 18th Shrawan, 2080. However, the deadline for project-affected locals in Rasuwa and Nuwakot Districts has been extended until 1st Bhadra. The company has a total issued capital of Rs. 1 Arba, with 10% allocated to
Currently, there are 34 closed-end mutual funds listed on the Nepal Stock Exchange (NEPSE), and 7 open-end schemes are directly traded with their respective fund managers. Among them, the Citizens Super 30 Mutual Fund (30CSMF) has issued its units to the public but is not yet listed for trading on NEPSE. Once it is
In today’s trading, the Nepal Stock Exchange (NEPSE) Index closed at 2,089.84 points, showing a slight increase of 3.00 points or 0.14% from yesterday’s closing. The day started with the index opening at 2,088.56 and reaching a high of 2,109.29. However, it later dropped to a low of 2,083.92 before ending at 2,089.84. Yesterday,
Recently, Nepal Oil Corporation raised the prices of petrol by Rs 9 and diesel and kerosene by Rs 7 due to increased prices from India. However, there’s some relief for consumers as the price of LP gas has been reduced by Rs 130 per cylinder. Currently, petrol is priced at Rs 170.50 per liter
China’s current economic situation is unique compared to past crises in other countries. Despite impressive growth in the last four decades, the country is facing a “recessionary growth” issue rather than a full-blown crisis. The main problem is a chronic lack of demand, even as the economy continues to grow. This is evident in
Today, the price of fine gold (per tola) has dropped by Rs. 600 compared to Tuesday’s trading price. According to the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA), the current trading rate for fine gold is Rs. 1,12,400 per tola, down from the previous rate of Rs. 1,13,000 per tola.
On Wednesday, the Nepal Stock Index (NEPSE) recorded a gain of 9.25 points, representing a 0.44 percent increase from the previous day’s closing. The trading session saw the index starting at 2,077.58 and reaching an intraday high of 2,086.84. However, it experienced fluctuations during the day, touching an intraday low of 2,062.00 before eventually
Synergy Power Development Limited (SPDL) has announced the issuance of its right shares through a public offer letter. The company will be offering existing shareholders the opportunity to apply for additional shares in the ratio of 2:1 (or, 1:0.5). This means for every two shares held, shareholders can apply for one additional share. The application
Sonapur Minerals and Oil Limited has received approval from Nepal’s Securities Board (SEBON) to conduct its Initial Public Offering (IPO) on Shrawan 17. They will issue 1,23,200 unit shares at a premium price. The shares will be offered at Rs 225 per share to locals and employees, and at Rs 237.58 per share to the
