Transaction

Sana Kisan Bikas Laghubitta and RMDC Laghubitta Joint Transaction Begins on Ashad 24 1
Business | Market | Economy

Sana Kisan Bikas Laghubitta and RMDC Laghubitta Joint Transaction Begins on Ashad 24

Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) and RMDC Laghubitta Bittiya Sanstha Limited (RMDC), both licensed financial institutions in Nepal, have successfully completed their merger process. The merger was approved through a special resolution passed separately by the Annual General Meetings (AGMs) of both companies. The swap ratio of 1:0.87 was endorsed, meaning that […]

IGI and PICL Complete Merger, Forming IGI Prudential Insurance Limited with Total Paid-Up Capital of Rs. 3.02 Arba 3
Business | Market | Economy

IGI and PICL Complete Merger, Forming IGI Prudential Insurance Limited with Total Paid-Up Capital of Rs. 3.02 Arba

The merger between IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) has been finalized, with the two companies agreeing to a 1:1 swap ratio and forming a new entity called “IGI Prudential Insurance Limited”. The merger has received final approval from the Nepal Insurance Authority and the Office of the Registrar of

NEPSE Settles at 1,906 Level, Up 0.94%; All Sectors Except Microfinance Close Green, Led by "Manufacturing and Processing" 19
NEPSE NEWS

NEPSE Settles at 1,906 Level, Up 0.94%; All Sectors Except Microfinance Close Green, Led by “Manufacturing and Processing”

The NEPSE index closed at 1,906 today, up 17.70 points from the previous trading day’s close. This represents a 0.94% increase. Yesterday, the index dropped 26.87 points. Today’s index opened at 1,885.7 and reached an intraday high of 1906.61. In contrast, it dropped as low as 1,865.75 before closing at 1,906. In 36,980 transactions, 261

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