Muktinath Capital has introduced a New Year Offer for its valued customers, in which customers can register with Muktinath PMS Service for a minimum duration of one year with an investment of at least three lakhs. In addition, existing Demat holders and new clients can enroll for lifetime Demat and Meroshare account service for Rs 1,499/-, a 25% savings off the present rate of Rs 1,999/-.
On April 13, 2023, Federal Reinsurance Brokers Limited and Banking Finance and Insurance Institute of Nepal Limited signed a Memorandum of Understanding (MOU) to form a long-term strategic alliance in the areas of training, research, and consulting for the insurance sector’s capacity development. Ms. Alpana Sharma, Company Secretary, and Mr. Saurav Baral, Research Analyst of FRBL, and Ms. Nishu Bhagat, Manager, and Mr. Matiram Paudel, Account and Admin Officer of BFIN, signed the Memorandum of Understanding.
Liberty Energy Company Limited (LEC) has scheduled its 11th, 12th, and 13th Annual General Meetings on the 25th of Baisakh, 2080. The meeting would begin at 11 a.m. that day at Amritbhog Caterings in Kalikasthan, Kathmandu.
Menchhiyam Hydropower Limited will issue 934,915 unit shares with a face value of Rs 100 starting today, April 4th, 2080. The company expects to earn Rs 9.34 crore through this IPO. This issue’s early closure date is on 7th Baisakh, and if it is not completely subscribed, it can be prolonged until 19th Baisakh, 2080.
Previously, the business offered 542,583 unit shares worth Rs. 5.42 crores to project-affected residents of Sankhuwasabha District, of which only 505,780 were allocated to qualified applicants.
The NEPSE index finished at 1,908.04 today, down 23.64 points from the previous trading day’s close. This is a 1.22% decrease. Yesterday, the index fell 2.80 points.
The index opened today at 1,931.84 and reached an intraday high of 1,937.65. In contrast, it dropped as low as 1,904.39 before closing at 1,908.04
In the domestic market today, fine gold is down Rs. 800 per tola, while tejabi gold is down Rs. 750 from yesterday’s pricing.
Fine gold is now trading at Rs. 110,000 per tola, according to the Federation of Nepal Gold and Silver Dealers’ Association’s official website. Yesterday, the price per tola remained constant at Rs. 110,800. Meanwhile, the price of Tejabi gold is at Rs. 109,500. In contrast, yesterday’s price remained unchanged at Rs. 110,250 per tola.
Silver, on the other hand, has remained stable at Rs. 1,4
The NEPSE index finished at 1,931.68 today, down 2.80 points from the previous trading day’s close. This is a 0.14% decrease. Last Thursday, the index fell 29.07 points.
The index began today at 1,934.51 and reached an intraday high of 1,945.05. In comparison, it dropped as low as 1,918.52 before closing at 1,931.68.
Through 33,149 trades, 265 scrips changed hands. A total of 3,056,775 shares were traded, totaling Rs. 97.45 crores in turnover. This is less than the previous day’s turnover of Rs. 1.653 Arba.
Dolti Power Company Limited concluded its Initial Public Offering (IPO) of 12,71,861 unit shares to the general public today, March 3, 2080. The issue debuted on Chaitra 28th, 2079. This IPO is expected to generate Rs 13.46 crore for the firm.
Previously, the business awarded 536,486 unit shares worth Rs. 5.36 crores to project-affected residents of Dailekh District, with just 141,820 units allocated to legitimate applicants. As a result, the remaining 394,666 unsubscribed shares of project-affected locals are added to the 10,72,972 units (20% of the issued capital designated for the general public) to produce a total of 14,67,638 units for the general public.
The Securities Board of Nepal (SEBON) has issued a notice to eligible institutions requiring them to apply for a Commodities Exchange Market Operation license and a Stock Exchange Operation license within 10 days.
To provide investors with market access, enable commodity price innovation, and provide investors with alternative investment instruments to preserve price stability, a commodities exchange market that is investor-friendly, competitive, worldwide in scope, and competent is required.
In order to run the commodities exchange market under the rules, guidelines, and other applicable regulations, those who seek to form a limited liability company in compliance with the prevailing legislation must first get board permission.
From the 8th of Baisakh, 2080, the business would issue 12,69,411 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 12.69 crore for the firm. This issue’s early closure date is on 12th Baisakh, and if it is not completely subscribed, it can be prolonged until 24th Baisakh, 2080.
Out of the total 15,29,411 units, 10%, or 152,941 units, have already been issued and allotted to Nepalese citizens working abroad, 2%, or 30,588 units, have been set aside for company employees, and 5%, or 76,471 units, have been set aside for mutual funds. The remaining 12,69,411 units will be available to the general public. The company’s paid-up capital
Muktinath Bikas Bank Limited (MNBBL) has given 13.5% bonus shares directly to its owners’ DEMAT accounts and encouraged them to dematerialize their shares.
On 30th Poush, 2079, the bank had its 16th AGM for FY 2078/79. The AGM approved a dividend of 14.2105% for fiscal year 2078/79. The board of directors resolved on Poush 01 to disburse the dividend on the paid-up capital of Rs. 5.65 Arba. There was a proposal for 13.5% bonus shares worth Rs 76.37 crore and 0.7105% cash dividend (including bonus shares for tax purposes) of Rs 4.01 crore. Demat accounts are now receiving the same bonus dividend.
Pokhara Finance Limited (PFL) has launched 4,16,367.92 unit bonus shares on NEPSE.
On 30th Poush, the business had its 26th AGM and approved a dividend of 4.21% for fiscal year 2078/79. The Board of Directors voted at its 512th meeting to pay a dividend of 4.21% on the paid-up capital of Rs. 1.04 Arba. A 4% bonus dividend of Rs. 4.16 crores was proposed, as well as a 0.21% cash dividend (for tax purposes) worth Rs. 21.85 lakhs. NEPSE now lists the same bonus shares.
PFL ended yesterday at Rs. 378.50.
Similarly, Union Life Insurance Company Limited (ULI) has 19,28,550 unit bonus shares listed on NEPSE.