Himalayan Everest Insurance Limited (HEI) is distributing a 6.37% cash dividend starting today directly to the bank accounts and DEMAT accounts of its shareholders. Shareholders are encouraged to dematerialize their shares. Additionally, 8.63% bonus shares will be distributed directly to DEMAT accounts after listing in NEPSE. The insurance company held its 30th Annual General Meeting […]
The price of fine gold has dropped by Rs. 500 per tola, according to the latest update from the Federation of Nepal Gold and Silver Dealers’ Association (FENEGOSIDA). Currently, fine gold is trading at Rs. 1,18,000 per tola, down from yesterday’s closing rate of Rs. 1,18,500 per tola. Similarly, Tejabi gold is now priced
Soaltee Hotel Limited (SHL) reported an impressive net profit of Rs. 26.31 crores in the second quarter of the fiscal year 2080/2081, marking a significant increase from Rs. 25.14 crores in the same period last year. During this quarter, the company’s total revenue saw a notable rise of 9.44%, reaching Rs. 1.05 Arba, compared to
Citizen Life Insurance Company (CLI) has notified its investors and stakeholders regarding the upcoming end of the lock-in period for 434,906 unit shares held by Mutual Funds. As per the recent directives from the Securities Board of Nepal (SEBON), this lock-in period, which began on Kartik 20, 2080, will conclude on the 27th of Falgun,
Himalayan Reinsurance Limited (HRL) has suggested a dividend of 4.21% for the fiscal year 2079/80. In a decision made during the 55th board of directors meeting on Magh 25, it was agreed to distribute this dividend based on the paid-up capital of Rs. 10 Arba. The proposal includes 4% bonus shares and a 0.21% cash
In its latest second-quarter report for the fiscal year 2080/2081, Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) reported a significant 32.87% decrease in net profit. The net profit for this quarter fell to Rs. 17.76 crore, down from Rs. 26.47 crore in the same period last year. Despite the decline in net profit, the company
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
