This week’s NEPSE index closed at 1,933.31, down 69.39 points (3.46%). Last week, the index closed at 2,002.70, up 1.71% from the previous week.
This week, the index reached a high of 2,016.05 and a low of 1920.10, resulting in 95.95 points of volatility. The previous week’s volatility on the index was 67.20 points.
Prime Life Insurance Company Limited (PLIC) has announced a change in its promoter to public shareholding ratio.
On the 24th Poush, 2079, the company held its 15th AGM. The AGM approved the board’s proposal to change the promoter/public share ratio of the company from 60:40 to 51:49. The company has now informed that if any of the shareholders are unwilling to convert their ownership of the founder shares into a public group, they should make a self-declaration to the company’s corporate office in Hattisar, Kathmandu, within 7 days of the date of publication of this notice.
Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) has listed 39,000 Units Bonus Shares on NEPSE.
The board of directors decided to distribute the dividend from the paid-up capital of Rs. 9.75 crores at its 117th meeting on Mangsir 27. The company proposed and distributed a 4% bonus share and a 0.210526% cash dividend. As a result, the bonus shares are worth Rs. 39 lakhs, and the cash dividend is slightly more than Rs. 2.05 lakhs. NEPSE has listed the same bonus dividend.
Mr. Deepak Khanal, chair of Deprosc Laghubitta, presided over the company’s 21st AGM.
For the previous fiscal year, the AGM approved 10% bonus shares and 11.052632% cash dividends for its shareholders. According to the media statement, the company’s paid-up capital will increase to Rs 1.52 arba after the bonus shares.
Multipurpose Finance Company Limited handled the process of issuing rights shares (MPFL). In an application filed on February 29, the company requested approval from the Securities and Exchange Commission (SEBON) to issue rights shares.
If SEBON grants permission for the said right shares, MPFL will distribute 35 percent of the paid-up capital, or 1:0.35, to shareholders. It states that a total of 15.82 lakh shares will be sold at a nominal price of Rs. 1
For the fiscal year 2078/79, Asian Life Insurance Company Limited (ALICL) has proposed a dividend of 8.947% worth Rs. 26.01 Crores.
The board of directors decided today (Falgun 30) to distribute 8.50% bonus shares and a 0.447% cash dividend (for tax purposes). The value of the bonus shares is Rs. 24.71 crores, and the cash dividend is slightly more than Rs. 1.30 crores. ALICL’s current paid-up capital is Rs. 2.90 Arba.
The Securities Exchange Board of Nepal (SEBON) has approved Rawa Energy Development Limited’s proposed initial public offering (IPO) on Falgun 25.
The company will now issue 840,000 equity shares at NPR 100 per share. The issue is worth Rs. 8.4 crore. This is equivalent to 30% of the company’s issued capital. The company’s total paid-up capital following the IPO allotment would be Rs 28 crores.
Prabhu Capital Limited has been appointed as the proposed IPO’s issue manager.
The NEPSE index closed at 1,938.62 today, down 14.44 points from the previous trading day’s close. This represents a 0.74% decrease. Yesterday, the index rose 1.85 points.
The index opened today at 1,953.96 and reached an intraday high of 1,956.37. In contrast, it dropped as low as 1,926.57 before closing at 1,938.62.
Chilime Hydro Power Company Limited (CHCL) has launched 50,63,846.01 Units Bonus Shares on NEPSE.
The board of directors suggested a 15% dividend for fiscal year 2078/79 during its 410th meeting on Mangsir 20. 7.5% bonus shares and 7.5% cash dividends of Rs. 50.63 crores each were proposed and delivered to shareholders. The current paid-up capital of the firm is Rs. 6.75 Arba. NEPSE now lists the same bonus shares.
The company’s LTP is Rs. 475.30 as of this writing.
Today’s gold price has risen by Rs. 600 on the domestic market.
According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is now trading for Rs. 104,100 per tola. Yesterday, the pricing remained unchanged at Rs. 103,500 per tola. Meanwhile, Tejabi gold is currently trading for Rs. 103,600. In contrast, the cost was kept at Rs. 103,000 per tola yesterday.
Silver has gained Rs. 10 per tola on the sidelines. The gleaming white gold is currently trading in the local market for Rs. 1,255 per tola, up from Rs. 1,245 per tola yesterday.
Gold is currently trading at USD $1,877.10 per ounce on the international market, while silver is trading at USD $1.30 per ounce.
In the domestic market today, the price of gold has risen by Rs. 1700.
According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 103,500 per tola. Yesterday, the rate remained unchanged at Rs. 101,800 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 103,000. In contrast, the rate was kept at Rs. 101,300 per tola yesterday.
Nabil Bank Limited (NABIL) has 42,240,881 unit bonus shares listed on NEPSE.
On 29th Poush, 2079, the bank held its 38th AGM for the fiscal year 2078/79. The board of directors approved a 30% dividend for fiscal year 2078/79. On Mangsir 25, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 22.83 Arba. There was a proposal for 18.50% bonus shares worth Rs 4.22 Arba and 11.5% cash dividend (including bonus shares for tax purposes) worth Rs 2.61 Arba. NEPSE now lists the same bonus shares.