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  • On Chaitra 20, Dolti Power Company distributed IPO shares to project-affected residents of Dailekh District.

    On Chaitra 20, Dolti Power Company distributed IPO shares to project-affected residents of Dailekh District.


    Dolti Power Company Limited has distributed IPO shares to Dailekh District residents affected by the project. The allotment program came to an end on Chaitra 20, 2079.

    The company’s issued capital is Rs. 53.64 crores, of which 10%, or 536,486 unit shares worth Rs. 5.36 crores, were allocated to project-affected Dailekh District residents. Meanwhile, 20% of the company’s issued capital, or 10,72,972 unit shares, will be made available to the general public later. 10% of the shares in this public offering, totaling 107,298 units, were reserved for Nepalese citizens working abroad. The problem had begun on the 8th of Falgun, 2079.

     

  • Nerude and Mirmire Laghubitta Sign Merger Agreement

    Nerude and Mirmire Laghubitta Sign Merger Agreement


     

    According to the Nepal Stock Exchange, the final merger agreement between Nerude Laghubitta Bittiya Sanstha Limited (NLBBL) and Mirmire Laghubitta Bittiya Sanstha Limited (MMFDB) has been completed and approved (MEPSE).

    Poush 11, where the chairman of both organizations signed a memorandum of understanding for merger, the companies had signed a memorandum of understanding for merger.

  • SEBON Plans to Launch Nabil Investment Banking’s New Mutual Fund Scheme “NI 31”

    SEBON Plans to Launch Nabil Investment Banking’s New Mutual Fund Scheme “NI 31”


     

    In the most recent list of mutual fund scheme pipeline status published by the Securities Exchange Board of Nepal (SEBON), “NI 31” has recently been added under preliminary review.

    The fund size for NI 31 will be Rs. 15 crores divided into 1.5 crore units with a par value of Rs.10 per unit. On Chaitra 16, the application was submitted to SEBON. The mutual fund scheme’s fund manager is Nabil Investment Banking Limited. Nabil Bank, on the other hand, is the scheme’s Fund Sponsor.

  • Today’s gold price is Rs 600 per tola, while silver is Rs 10 higher.

    Today’s gold price is Rs 600 per tola, while silver is Rs 10 higher.


    Today’s gold price has fallen by Rs. 600 per tola.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 108,600 per tola. Yesterday, the rate remained unchanged at Rs. 109,200 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 108,100. In contrast, the rate was kept at Rs. 108,700 per tola yesterday.

     

  • NEPSE fell 6.59 points (0.34%) this week, with a turnover of Rs 5.83 arba; Weekly Summary with Technical Analysis, Sector Comparison, Major Highlights, and More

    NEPSE fell 6.59 points (0.34%) this week, with a turnover of Rs 5.83 arba; Weekly Summary with Technical Analysis, Sector Comparison, Major Highlights, and More


    This week’s NEPSE index closed at 1,908.55, down 6.59 points (0.34%). Last week, the index closed at 1,915.14, up 0.94% from the previous week.

    This week, the index reached a high of 1,936.43 and a low of 1.864.99, resulting in 71.44 points of volatility. In the previous week, the index experienced volatility of 55.81 points.

     

  • Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend.

    Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend. Prudential Insurance Corporation supports 3.32% bonus shares and 0.17% cash dividend.


    Prudential Insurance had its 21st Annual General Meeting (AGM) on Chaitra 16, 2079, under the chairmanship of Mr. Vishal Agrawal.

     

    Apart from standard financial reports, the AGM approved a taxation proposal of 3.325% bonus shares and 0.17% cash dividend. According to the media announcement, the company’s paid-up capital would increase to Rs 1.22 arba.

  • The Sagarmatha Jalbidhyut Company’s Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each.

    The Sagarmatha Jalbidhyut Company’s Initial Public Offering (IPO) has concluded, with 3,58,176 lucky applicants receiving 10 units each.


    Sagarmatha Jalvidyut Company Limited’s initial public offering (IPO) was completed today at Prabhu Capital Limited’s Kamaladi headquarters.

    Out of the total 43,68,000 units authorized for the general public, 10%, or 436,800 units, have already been issued and distributed to Nepalese people working abroad, 5%, or 218,400 units, have been put aside for mutual funds, and 3%, or 131,040 units, have been set aside for firm workers.

     

    The remaining 35,81,760 units were distributed to the general population between the 8th and 12th Chaitra, 2079.

    Following the IPO, the company’s paid-up capital will be Rs. 1.12 Arba. Moreover, the promoter-public share ratio would be 51: 49.

    The problem has received 13,93,153 genuine applications.

  • Today is the last day to apply for a Modification of the Issue of the Day

    Today is the last day to apply for a Modification of the Issue of the Day


    Modi Energy Limited is closing the issue of 29,00,000 units of IPO shares to the project-affected locals today i.e. on 16th Chaitra 2079. The problem had begun on the 25th of Falgun, 2079.

    The company’s issued capital is Rs. 2.9 Arba, of which 10%, or 29,00,000 unit shares worth Rs. 29 crores, have been allocated to project-affected Parbat District residents. Meanwhile, 15% of the company’s issued capital, or 43,50,000 unit shares, will be made available to the general public later. This public issue, which closed on the 9th Chaitra, allocated 10% of the shares totaling 435,000 units to Nepalese citizens working abroad.

     

  • NIC Asia Laghubitta Announces Book Closure Date for its 14.75% Cash Dividend; Holds Annual General Meeting on Baisakh 10

    NIC Asia Laghubitta Announces Book Closure Date for its 14.75% Cash Dividend; Holds Annual General Meeting on Baisakh 10


    NIC Asia Laghubitta Bittiya Sanstha Limited (NICLBSL) has scheduled its 5th Annual General Meeting for 10th Baisakh, 2080. The meeting will begin at 9 a.m. that day in Hotel Gajur Palace – Hotel in Dharan, Sunsari.

    Among the other items on the agenda, the AGM will approve a 14.75% cash dividend for fiscal year 2078/79. The board of directors decided to pay out the entire dividend in cash at their meeting on Falgun 21. Because the company’s paid-up capital is Rs. 1,73,94,40,000, the cash dividend is worth slightly more than Rs. 25,65,67,400.

     

  • Reminder: Today is the last day to secure the dividend proposed by Jeevan Bikas Laghubitta and NMB Laghubitta.

    Reminder: Today is the last day to secure the dividend proposed by Jeevan Bikas Laghubitta and NMB Laghubitta.


    The dividend proposed by Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) and NMB Laghubitta Bittiya Sanstha Limited (NMBLB) is due today (NMBMF).

    Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has scheduled its 4th Annual General Meeting for 30th Chaitra, 2079. The meeting will begin at 10:30 a.m. that day in the company’s head office in Katahari, Morang.

     

  • NEPSE falls 10.87 points, with an intraday turnover of Rs 89.95 crores; only two sectors close in the green.

    NEPSE falls 10.87 points, with an intraday turnover of Rs 89.95 crores; only two sectors close in the green.


    The NEPSE index closed at 1,908.55 today, down 10.87 points from the previous trading day’s close. This is a 0.57% decrease. Yesterday, the index rose 1.02 points.

    The index opened today at 1,920.01 and reached an intraday high of 1,932.68. In contrast, it dropped as low as 1,905.12 before closing at 1,908.55.

    Through 26,434 transactions, 254 scrips changed hands. A total of 2,750,655 shares were traded, totaling Rs. 89.95 crores in turnover. This exceeds the previous trading day’s turnover of Rs. 81.62 Crores.