Stock

Shivam Cements Limited Announces 8th AGM with Proposal for 15% Dividend and Bonus Shares 1
Dividend

Shivam Cements Limited Announces 8th AGM with Proposal for 15% Dividend and Bonus Shares

Shivam Cements Limited (SHIVM) has announced its 8th Annual General Meeting (AGM) scheduled for the 27th of Poush, 2080. The meeting is set to take place at Rastriya Sabha Griha, Pradarshani Marg, Kathmandu, starting at 9:00 a.m. Among the various items on the agenda, the AGM will approve a 15% dividend for the fiscal year […]

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Book Closure Alert: Eight Companies Declare Dividends, Urging Shareholders to Act Before Poush 16, 2080 3
Dividend

Book Closure Alert: Eight Companies Declare Dividends, Urging Shareholders to Act Before Poush 16, 2080

Eight companies that have declared dividends, either in cash or stock, are set to close their books from tomorrow until the 16th of Poush, 2080. Shareholders of these companies have until today to hold their shares if they wish to claim the proposed dividends. ICFC Finance Limited (ICFC) has set the book closure date for […]

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SEBON Approves Singati Hydro Energy's Rs. 1.45 Arba Rights Offering for Expansion and Debt Clearance 5
Business | Market | Economy Dividend

SEBON Approves Singati Hydro Energy’s Rs. 1.45 Arba Rights Offering for Expansion and Debt Clearance

The Securities Board of Nepal (SEBON) has granted approval to the rights offering proposal submitted by Singati Hydro Energy Limited (SHEL) on Poush 11, 2080. Under this approved plan, the company is set to issue 100% right shares valued at Rs. 1.45 Arba. This issuance will involve the distribution of 14,500,000 (1:1) units of right […]

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Kumari Bank Limited Initiates Promoter Share Auction: Exclusive Opportunity for Existing Shareholders 7
Business | Market | Economy

Kumari Bank Limited Initiates Promoter Share Auction: Exclusive Opportunity for Existing Shareholders

The current promoters of Kumari Bank Limited (KBL) have initiated an auction for the sale of 3,40,016 units of shares exclusively to the existing promoter shareholders. The sellers include Srijana Paneru Neupane, who plans to sell 3,33,702 units, Hari Bahadur Thapa with an intention to sell 1,050 units, and Tarka Bahadur Budhathoki aiming to sell […]

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Nepal Stock Exchange: Market Update with Marginal Losses and Notable Performers 9
NEPSE NEWS

Nepal Stock Exchange: Market Update with Marginal Losses and Notable Performers

The Nepal Stock Exchange (NEPSE) Index recorded a marginal loss of 1.93 points, equivalent to 0.09% compared to the previous day’s closing, settling at 2,068.90 points. This follows a significant double-digit loss of 17.23 points in the preceding trading session. The day’s trading activities commenced with the index opening at 2,072.09. It experienced fluctuations throughout […]

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Revival of Real Estate Expo: Unveiling Trends, Solutions, and Innovations in Nepal's Property Market 11
Business | Market | Economy

Revival of Real Estate Expo: Unveiling Trends, Solutions, and Innovations in Nepal’s Property Market

  The Nepal Land and Housing Development Association has announced the revival of the ‘Real Estate Expo,’ scheduled to run for four days starting Thursday. The event, previously halted since 2076 due to the COVID-19 pandemic, is expected to provide valuable insights into the current state of the real estate industry, along with addressing its […]

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Himalayan Reinsurance IPO Allotment Concluded: Oversubscribed 1.2 Times with Strong Investor Interest 13
IPO | FPO

Himalayan Reinsurance IPO Allotment Concluded: Oversubscribed 1.2 Times with Strong Investor Interest

The allocation of Initial Public Offering (IPO) shares for Himalayan Reinsurance Limited has been finalized at Taj Reception in Baluwatar, Kathmandu. The company had issued 2,49,00,000 units of IPO shares at a price of Rs. 206 per share (Rs. 100 face value + Rs. 106 premium) to the general public from Mangsir 27 to Poush […]

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Prudential Capital Initiates Auction for Promoter Shares in Six Financial Institutions 15
Business | Market | Economy

Prudential Capital Initiates Auction for Promoter Shares in Six Financial Institutions

Prudential Capital Management Company Limited has initiated the auction of promoter shares from six financial institutions, namely Prabhu Bank Limited (PRVU), ICFC Finance Limited (ICFC), Nepal Life Insurance Company Limited (NLIC), Nepal Investment Mega Bank (NIMB), Kumari Bank Limited (KBL), and Prime Commercial Bank Limited (PCBL). The auction, spanning from the 11th Poush to the […]

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Prudential Capital Initiates Auction of Shine Resunga Development Bank Promoter Shares 17
Business | Market | Economy

Prudential Capital Initiates Auction of Shine Resunga Development Bank Promoter Shares

Prudential Capital Management Company Limited has initiated the auction of 2,04,537 units of promoter shares belonging to Shine Resunga Development Bank Limited (SHINE). The auction commenced on the 11th of Poush, 2080. In this auction, the specified quantity of promoter shares for SHINE is 2,04,537 units, with a minimum bidding rate set at Rs. 120 […]

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NEPSE Ends Suspension on Muktinath Bikas Bank Securities Trading Following Dividend Disclosure Delay 19
Business | Market | Economy Dividend NEPSE NEWS

NEPSE Ends Suspension on Muktinath Bikas Bank Securities Trading Following Dividend Disclosure Delay

NEPSE, the Nepal Stock Exchange Limited, has decided to end the suspension on the trading of securities for Muktinath Bikas Bank Limited (MNBBL). This follows a temporary pause resulting from MNBBL’s delayed submission of information related to the dividend declaration for the fiscal year 2079/80. In an official statement, NEPSE disclosed that MNBBL failed to […]

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