Tag: TU

  • The final merger procedure between Sana Kisan Bikas and RMDC Laghubitta has been completed the swap ratio has been set at 1:0.87.

    The final merger procedure between Sana Kisan Bikas and RMDC Laghubitta has been completed the swap ratio has been set at 1:0.87.


    The ultimate merger procedure has been completed between Sana Kisan Bikas Laghubitta Bittiya Sanstha Limited (SKBBL) and RMDC Laghubitta Bittiya Sanstha Limited (RMDC). On Bhadra 31, 2079, the firms signed a merger agreement.

    Similarly, the share exchange ratio between Sana Kisan and RMDC has been determined to be 1:0.87. Investors who now own 100 shares of RMDC Microfinance will get 87 shares of the amalgamated firm.

    Similarly, it has been decided to nominate 2-2 persons from each institution’s promoter group, 1-1 person from the general group, and 1 person as an expert director, in accordance with the terms of the Bank and Financial Institutions Act of 2073.

  • Jeevan Bikas Laghubitta Modifies the Dividend Rate for Fiscal Year 2078/79

    Jeevan Bikas Laghubitta Modifies the Dividend Rate for Fiscal Year 2078/79


    Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has reduced the dividend rate for fiscal year 2078/79 from 37.3684% to 33.15%.

    The 72nd meeting of the board of directors, held on Falgun 06, resolved to give a dividend of Rs. 1.03 Arba on the paid-up capital. A cash dividend of 9.3684% and 28% bonus shares had been recommended.

    The dividend was to be paid only after clearance from Nepal Rastra Bank and approval from the company’s future AGM. The dividend has been changed in accordance with Nepal Rastra Bank’s directives. As a result, a new dividend rate of 26% Bonus dividend and 7.15% cash dividend has been recommended.

    Consequently, the bonus shares are valued at Rs. 26.89 crores, while the cash dividend is valued at Rs. 7.39 crores.

  • The NEPSE is down 30.77 points, with an intraday turnover of Rs 1.392 crore.

    The NEPSE is down 30.77 points, with an intraday turnover of Rs 1.392 crore.


    The NEPSE index finished at 1,938.25 today, down 30.77 points from the previous trading day’s close. This is a 1.56% decrease. Last Thursday, the index dropped 26.48 points.

    The index began today at 1,967.49 and reached an intraday high of 1,975.93. While it dropped as low as 1,935.21, it eventually closed at 1,938.25.

    Through 30,903 transactions, 259 scrips changed hands. A total of 3,832,459 shares were traded, totaling Rs. 1.392 Arba in turnover. This is significantly more than the previous day’s turnover of Rs. 1.336 Arba.

  • SEBON Approves 10.75% NMB Debenture 2089/2090; Bank Will Soon Issue 40 Lakh Unit Debentures

    SEBON Approves 10.75% NMB Debenture 2089/2090; Bank Will Soon Issue 40 Lakh Unit Debentures


    On Falgun 18, 2079, the Securities Board of Nepal (SEBON) approved the “10.75% NMB Debenture 2089/2090”.

    NMB Bank Limited (NMB) plans to issue 40 lakh unit debentures at Rs 1000 per unit. The bank will offer a 10.75% interest rate on the debenture for ten years

     

  • This week, NEPSE lost 53.62 points (2.65%) on a turnover of Rs 8.43 arba.

    This week, NEPSE lost 53.62 points (2.65%) on a turnover of Rs 8.43 arba.


    This week’s index closed at 1,969.02, a loss of 53.62 points (2.65%). The index closed at 2,022.64 last week, down 2.31% from the previous week.

    This week, the index reached a high of 2,042.95 and a low of 1.969.02, resulting in a 73.93 point volatility. The previous week’s volatility on the index was 68.79 points.

     

  • Molung Hydropower Company’s Initial Public Offering (IPO) will be completed tomorrow.

    Molung Hydropower Company’s Initial Public Offering (IPO) will be completed tomorrow.


    olung Hydropower Company Limited’s initial public offering (IPO) will take place tomorrow, on the 19th of Falgun, 2079. The allotment program will begin at 10 a.m. on the premises of the issue manager, Sunrise Capital Limited, in Kamalpokhari.

    From the 4th to the 10th Falgun, the company issued 22,64,655 units of Rs 100 face value shares to the general public in an Initial Public Offering worth Rs 22.64 crore. Out of the total 27,28,500 units, 10%, or 272,850 units, were already issued and allotted to Nepalese citizens working abroad, 2%, or 54,570 units, were set aside for company employees, and 5%, or 136,425 units, were set aside for mutual funds. The

  • NEPSE is in free fall, having dropped 26.48 points today to settle at 1,969.01 levels.

    NEPSE is in free fall, having dropped 26.48 points today to settle at 1,969.01 levels.


     

    The NEPSE index closed at 1,969.01 today, down 26.48 points from the previous trading day’s close. This is a 1.33% decrease. Yesterday, the index dropped 24.44 points.

    The index opened today at 1,995.34 and reached an intraday high of 1,996.63. While it dropped as low as 1,966.28, it eventually closed at 1,969.01.

     

  • The NEPSE Index falls by double digits to finish at 1,995.49.

    The NEPSE Index falls by double digits to finish at 1,995.49.


    The NEPSE index closed at 1,995.49 today, down 24.44 points from the previous trading day’s close. This is a loss of 1.21%. Yesterday, the index fell 3.81 points. The index opened today at 2,020.72 and reached an intraday high of 2,024.70. While it dropped as low as 1,994.46, it eventually closed at 1,995.49.

     

  • Aatmanirbhar Laghubitta IPO Receives Rs. 1.78 Arba From 16.13 Lakh Applicants; IPO Oversubscribed by More Than 105.14 Times

    Aatmanirbhar Laghubitta IPO Receives Rs. 1.78 Arba From 16.13 Lakh Applicants; IPO Oversubscribed by More Than 105.14 Times


    From the 11th to the 15th of Falgun, 2079, Aatmanirbhar Laghubitta Bittiya Sanstha Limited issued 169,755 units of shares worth Rs. 1.69 crores to the general public as part of their Initial Public Offering (IPO).

    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 total 203,380 units, 10%, or 20,388 units, were set aside for Nepalese citizens working abroad, while 1.5326%, or 3,117 units, were set aside for company employees, and 5%, or 10,170 units, were set aside for mutual funds. The remaining 169,755 units were made available to the general public.

     

  • Infinity Laghubitta holds its sixth annual general meeting and approves the 20% dividend proposal to its shareholders.

    Infinity Laghubitta holds its sixth annual general meeting and approves the 20% dividend proposal to its shareholders.


    On Falgun 14, 2079, Infinity Laghubitta held its sixth annual general meeting (AGM) for the fiscal year 2078–2079 under the direction of its chairman, Mr. Bala Ram Bista.

    The AGM has approved the board’s request to distribute 20% bonus shares worth Rs 8.29 crore to its shareholders from the profit it had generated in the prior fiscal year, in addition to the usual financial reports.

    According to a press release, the AGM also featured a leadership symposium for the firm’s staff, and the company also recognized its top performers.

  • “10.5% BOK Debenture 2086” is now available on the NEPSE.

    “10.5% BOK Debenture 2086” is now available on the NEPSE.


    In NEPSE, 11,00,000 units of “10.5% BOK Debenture 2086” have been listed.

    Bank of Kathmandu Limited issued 11,00,000 units of “10.5% BOK Debenture 2086” between the 2nd and 7th Bhadras of 2079.

    6.60 lakh units were subscribed via private placement from the total issue of 11 lakh units, while the remaining 4.40 lakh units worth Rs. 44 crores were open for public issue, 5% of which was also allocated to mutual funds.

    The “10.50% BOK Debenture 2086” has a maturity period of 7 years and will provide an annual return of 10.50% during that time.

  • NEPSE Achieves A Positive Close: 4.55 Points Up As Turnover Remains At Rs. 2.525 Arba

    NEPSE Achieves A Positive Close: 4.55 Points Up As Turnover Remains At Rs. 2.525 Arba


    The NEPSE index increased 4.55 points from the previous trading day’s closing to close at 2,027.19 today. The gain here is 0.22%. On Thursday, the index fell 57.74 points.

    The index hit an intraday low of 1,961.24 and started the day at 2,016.54. Although it peaked at 2,029.66 and ended up closing at 2,027.19

    Through 50,532 transactions, 262 scrips changed hands. 6,515,852 shares in all were traded for a total market value of Rs. 2.525 Arba. This is a little more than the turnover of Rs. 2.522 Arba from the previous trading day.