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Promoter Share Auctions Initiated by Suryodaya Womi and Asha Laghubitta: Opportunities for Existing Shareholders 9
Business | Market | Economy

Promoter Share Auctions Initiated by Suryodaya Womi and Asha Laghubitta: Opportunities for Existing Shareholders

The current promoter of Suryodaya Womi Laghubitta Bittiya Sanstha Limited (SWMF) has initiated an auction for 60,617 units of shares, targeting existing promoter shareholders. Govinda Sharma and Saraswati Joshi plan to sell 31,266 and 29,351 units, respectively. Interested parties are invited to bid within 35 days from the notice’s publication date. Bids can be submitted

Sarbottam Cement Initiates IPO Bidding for Qualified Institutional Investors on NEPSE 13
IPO | FPO, NEPSE NEWS

Sarbottam Cement Initiates IPO Bidding for Qualified Institutional Investors on NEPSE

The initial public offering (IPO) of Sarbottam Cement has initiated the bidding process for Qualified Institutional Investors (QII) at the Nepal Stock Exchange (NEPSE). The bidding unfolded in the presence of NEPSE’s CEO Krishna Bahadur Karki and Sarbottam Cement’s Chairman Bishnu Prasad Neupane. During this phase, the company made its IPO available to eligible institutional

Kumari Bank Initiates Auction of 91,638 Promoter Shares for Existing Shareholders 17
Business | Market | Economy

Kumari Bank Initiates Auction of 91,638 Promoter Shares for Existing Shareholders

The current promoter of Kumari Bank Limited (KBL) has initiated the auction of 91,638 units of shares, inviting interest from existing promoter shareholders starting today. Lila Bahadur Gurung aims to sell this block of promoter shares to fellow existing promoters, and interested parties are encouraged to participate in the auction within the next 35 days

Government Utilizes 10.2% of Development Capital Amidst Sluggish Revenue Collection 21
Business | Market | Economy

Government Utilizes 10.2% of Development Capital Amidst Sluggish Revenue Collection

As the current fiscal year reaches its midway point with four and a half months passed, the government’s utilization of its development capital remains relatively modest at 10.2%. According to the Financial Comptroller General Office, the government has disbursed Rs 30.27 arba for the ongoing fiscal year, with an additional Rs 3.20 kharba allocated for

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