Today’s gold price has dropped by Rs. 500 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 105,800 per tola. Yesterday, the rate remained unchanged at Rs. 106,300 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 105,300. In contrast, […]
For the fiscal year 2078/79, Manakamana Smart Laghubitta Bittiya Sanstha Limited (MKLB) has proposed a 5% dividend worth Rs. 70.87 lakhs. The board of directors decided to distribute a 5% dividend on the paid-up capital of Rs. 14.17 crores at its 79th meeting on March 16. A cash dividend of 0.25% and 4.75% bonus shares
Asian Hydropower Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO). From the 27th of Magh, 2079, the company will issue 6,97,200 unit shares with a face value of Rs 100. The company expects to earn Rs 6.97 crore from this IPO. This issue’s early closing
Finance companies are licensed by the central bank with the goal of providing various banking and financial services to the general public, as the reach of banking and financial services in Nepal remains limited. For the year 2022, NEPSE currently has 15 listed finance companies. To assist enthusiasts in the secondary market, an article has
National Hydro Power Company Limited (NHPC) reported a 13.89% decrease in net profit in the second quarter (Q2) of the current fiscal year 2079/80. Profit decreased to Rs.73.61 Lakhs in this quarter from Rs.85.49 Lakhs in the previous year’s corresponding quarter. NHPC has collected a total of Rs. 5.58 crores in revenue as of
Aatmanirbhar Laghubitta Bittiya Sanstha will issue 20,338 units of IPO shares to Nepalese citizens working abroad beginning today, 16th Magh, and ending on 1st Falgun, 2079. The company’s issued capital is Rs. 6.23 crores, of which 32.625%, or 203,380 unit shares worth Rs. 2.03 crores, have been set aside for the general public. Out of
The dividend proposed by Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Shikhar Insurance Company Limited expires today (SICL). The 16th Annual General Meeting (AGM) of Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) has been scheduled for the 28th of Magh, 2079. The meeting will begin at 11 a.m. in Morang’s Assembly Hall, Biratnagar-2.
The Electricity Regulatory Commission has given preliminary approval to Synergy Power Development Company (SPDL) to issue a 2: 1 right offering. On Kartik 17, 2079, the application for the issuance of right shares was submitted to ERC. On Shrawan 24, 2078, the board of directors proposed issuing 50% right shares on the paid-up capital after
Kalinchowk Darshan Limited (KDL) will issue its initial public offering (IPO) on Thursday, March 19, 2079. The allotment program will begin at 10 a.m. on the premises of the issue manager, Nabil Investment Banking Limited. From the 3rd to the 6th of March, the company issued 896,400 units of Rs 100 face value shares
The Ministry of Finance has created an action plan to carry out the policy priorities and minimum programs. The action plan, according to the Ministry, includes policies and programs, milestones, resources, time constraints, monitoring and evaluation indicators, and so on. The action plan discusses promoting revenue collection effectiveness, further systematizing the revenue system, and maintaining
Molung Hydropower Company Limited is completing the distribution of 8,02,500 IPO shares to project-affected locals today, on Magh 15, 2079. The issue had begun on the 19th of Poush, 2079. The company’s issued capital is Rs. 80.25 crores, of which 10%, or 8,02,500 unit shares worth Rs. 8.02 crores, have been allocated to project-affected Okhaldhunga
The Electricity Regulatory Commission has given preliminary approval to Api Power Company Limited (API) to issue 16,533,137 units of right shares. On February 2, the board of directors proposed issuing 40% of the paid-up capital in right shares. After adjusting for 7.5% bonus shares, the company’s paid-up capital will be Rs. 4.13 Arba. As a result of the 1:0.40 (40% rights issue), the company’s paid-up capital will be increased to Rs. 5.78 Arba. The company proposed issuing the right shares to pay off the debt of the projects that it is producing.
