The current owner of Sindhu Bikas Bank Limited (SINDU) plans to sell 131,136 shares to existing shareholders who are interested in becoming promoters. This auction begins today and will last for 35 days, ending on the 26th of Magh. Interested shareholders must submit their bids at the bank’s central office in Banepa, Kavrepalanchowk. If […]
Sahas Urja Limited (SAHAS) has released its unaudited report for the second quarter of FY 2080/81, revealing an impressive 112.33% surge in net profit. The company’s net profit rose significantly to Rs. 45.86 crores for this quarter, a substantial increase from Rs. 21.59 crores in the same quarter last year. SAHAS achieved notable revenue from
NRN Infrastructure and Development Limited (NRN) has published its second-quarter report for the fiscal year 2080/2081, indicating a significant increase in net profit by 188.03%. Despite this surge, the net profit rose to Rs. 1.63 crores compared to Rs. 56.78 lakhs in the same quarter of the previous year. The company’s paid-up capital stands
In the second quarter of the fiscal year 2080/81, Sikles Hydropower Limited (SIKLES) recorded a net profit of Rs. 6.29 crores, marking a slight uptick of 0.27% compared to the same period last year when it stood at Rs. 6.27 crores. During this timeframe, the company’s long-term loan decreased by 6.76%, reaching Rs. 1.26
Asian Life Insurance Company Limited (ALICL) has scheduled its 16th Annual General Meeting (AGM) for the 18th of Falgun, 2080. The meeting will take place at Hotel Classic Plaza in Simara, Bara, starting at 11:30 AM on that day. Among the agenda items, the AGM will approve the issuance of right shares and declare an
Sarbottam Cement plans to issue 12.9033% of its total issued capital, which amounts to Rs 4.65 billion. This equates to 6 million shares, valued at Rs 6 billion. Initially, 40% of these shares, totaling 2.4 million, were allocated to Qualified Institutional Investors (QIIs), leaving 60% for the general public. Of the 3.6 million shares
On January 23, 2080, Budhanilkantha Heritage Hotel Limited (BHHL) enlisted Global IME Capital Limited (GBIMEL) as the manager for issuing and selling securities. They plan to offer 1,500,000 ordinary shares, which represent 15% of the total issued capital, at a face value of Rs 100 per share to the general public. The agreement for
Ganapati Laghubitta Bittiya Sanstha Limited (GMFBS) has published its second-quarter financial report for FY 2080/2081, indicating a 5.33% decrease in Net Profit. The net profit for this quarter fell to Rs. 1.07 Crores from Rs. 1.13 Crores in the same period last year. Moreover, the company experienced a 14.25% decrease in borrowings, totaling Rs. 1.49
Chhimek Laghubitta Bittiya Sanstha Limited (CBBL) released its second-quarter report for FY 2080/2081, revealing a 21.55% decline in net profit. The net profit dropped to Rs. 43.62 crore from Rs. 55.60 crore in the same quarter last year. Additionally, the company’s borrowings decreased by 22.81% to Rs. 3.51 Arba compared to Rs. 4.55 Arba
Akama Hotel Limited has scheduled a Special General Meeting (SGM) for the 14th of Falgun, 2080. The meeting will take place at the company’s registered office located in Akama Hotel, Dhumbarahi, Kathmandu, starting at 11:30 AM. One of the key agendas for the meeting is to propose issuing an Initial Public Offering (IPO) to
NIMB Ace Capital Limited launched its latest closed-end mutual fund scheme, named the “NIBL Stable Fund,” valued at Rs 1 Arba. The subscription period began on the 2nd of Magh and ended on the 16th of Magh, 2080. The allotment program took place at NIMB Ace Capital’s premises in Lazimpat on the 24th of Magh
The Nepal Stock Exchange (NEPSE) Index rose by 4.92 points or 0.23% from the previous day to close at 2,090.64 points. The index had gained 9.44 points the day before. Today, trading began with the index opening at 2,095.1, hitting a low of 2,086.76, and reaching a high of 2,107.57. In today’s trading session,
