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Mandu Hydropower: Lock-in Period for 22,935 Mutual Fund Shares Ending on 23rd
Mandu Hydropower Limited (MANDU) has notified investors and stakeholders about the conclusion of the lock-in period for 22,935 unit shares held by Mutual Funds. This decision aligns with the Securities Board of Nepal’s (SEBON) directives, with the lock-in period set to expire on Falgun 23, 2080. Out of the total 13,636,370 units of shares listed […]
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NEPSE Index Drops 5.31 Points; Intraday Turnover Falls to Rs 3.21 Arba
The Nepal Stock Exchange (NEPSE) Index closed at 2,061.70 points, showing a decrease of 5.31 points or 0.25% from the previous day. The market had experienced a loss of 30.92 points in the preceding trading session. The day began with the index opening at 2,067.47 and fluctuated between an intraday low of 2,053.46 and […]
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Mandu Hydropower Q2 Earnings Surge by 11.78% Amidst Revenue Dip; Impressive 22.76% Reduction in Debt
Mandu Hydropower Limited (MANDU) demonstrates robust financial performance in the second quarter of Fiscal Year 2080/81, boasting an impressive 11.78% increase in earnings and achieving a net profit of 17.05 Crores. Notably, the company exhibits prudent financial management by reducing loans and borrowings by 22.76% to Rs. 2.12 Arba during this period. Despite a marginal […]
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Ganapati Laghubitta Bittiya Sanstha Empowers Farmers with Successful Goat Farming Training in Bardiya
Ganapati Laghubitta Bittiya Sanstha Limited’s Bardiya branch takes a significant stride in community development through a recently organized one-day training program focused on commercial goat farming. As part of their Development Training initiative, the program aimed to enrich the skills of enrolled members, witnessing the active participation of 31 customers. The inauguration, presided over by […]
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Kumari Bank Introduces ‘Kumari Sabal Yojana’: 8.5 Crore Units Mutual Fund Scheme for Public Subscription from 28th
Embarking on a new investment avenue, Kumari Capital Limited introduces the closed-end mutual fund scheme, “Kumari Sabal Yojana,” through its recently published offer letter. Opening on the 28th of Magh and closing on the 2nd of Falgun, 2080, this opportunity presents investors with a chance to subscribe to 8.5 crore units, collectively valued at […]
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Mahila Laghubitta: No Dividends for Shareholders in FY 2079/80
In a strategic move towards financial prudence, Mahila Laghubitta Bittiya Sanstha Limited (MLBSL) has officially announced its decision not to distribute dividends for the Fiscal Year 2079/80. The outcome of the 69th Board Meeting, held on Magh 18, 2080, reflects MLBSL’s commitment to responsible financial management. This decision, however, awaits the crucial approvals from the […]
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Nepal Investment Mega Bank: No Dividends for FY 2079/80
In a strategic move prioritizing financial stability, Nepal Investment Mega Bank Limited (NIMB) has declared a noteworthy decision in its 598th Board Meeting held on Magh 19, 2080. The bank has chosen not to distribute dividends for the Fiscal Year 2079/80. This prudent decision reflects NIMB’s commitment to fortifying its financial reserves and aligning with […]
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Citizens Bank Partners with Vinayak Hospital: Up to 10% Discount for Cardholders & Mobile Banking Users
Introducing an exclusive partnership between Citizens Bank International Limited (CZBIL) and Vinayak Hospital & Maternity Home Pvt. Ltd., Tokha, Kathmandu! As of 19th Magh 2080, customers holding Citizens Bank International cards or utilizing mobile banking services are in for a treat. With the newly signed Memorandum of Understanding (MoU), Vinayak Hospital extends a generous discount […]
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JALPA Declares No Dividends for FY 2079/80, Pending Regulatory Approval
Jalpa Samudayik Laghubitta Bittiya Sanstha Limited (JALPA) has officially declared that it will not be distributing dividends for the Fiscal Year 2079/80. The decision was made during the Board Meeting of JALPA on Magh 16, 2080, where it was decided that the company would abstain from distributing any dividends for the mentioned fiscal year. Importantly, […]
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Sarbottam Cement Successfully Allots IPO Shares to Overseas Nepali Workers; ICRA Nepal Reaffirms Ratings
Sarbottam Cement Limited has successfully allocated IPO shares to Nepali citizens employed abroad, concluding the allotment process on the morning of 17th Magh, 2080, at the premises of the issue manager, Global IME Capital, located in Kathmandu. The cement company had floated 267,000 units of IPO shares through the book-building process, offering them at a […]
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