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Api Power Company Right Shares in SEBON Pipeline; Company to Issue 40% Right Share Soon 1
IPO | FPO

Api Power Company Right Shares in SEBON Pipeline; Company to Issue 40% Right Share Soon

The Securities Exchange Board of Nepal (SEBON) has added Api Power Company Limited (API) right shares to its preliminary review pipeline. The hydropower company intends to issue 40% right shares worth Rs. 1.65 Arba to its existing shareholders in the form of 16,533,137 (1:0.40) units of right shares. API’s current paid-up capital, after adjusting for […]

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NEPSE will be closed today in observance of Ghode Jatra. 3
NEPSE NEWS

NEPSE will be closed today in observance of Ghode Jatra.

The Nepal Stock Exchange (NEPSE), the country’s sole stock market, will be closed today (Chaitra 7, 2079) in observance of Ghode Jatra, a public holiday in Kathmandu valley. Normal trading in NEPSE will resume tomorrow (Chaitra 8, 2079) at 11:00 AM. The NEPSE index finished yesterday at 1,949.06, up 22.65 points from the previous trading […]

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Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE 5
NEPSE NEWS

Shine Resunga Development Bank and Lumbini Bikas Bank Bonus Shares Launched on the NEPSE

Shine Resunga Development Bank Ltd (SHINE) has launched 50,28,741.99 unit bonus shares on NEPSE. On the 25th Poush, the firm held its 14th AGM and approved a 14% dividend for fiscal year 2078/79. On the 7th of Mangsir 2079, the 266th meeting of the board of directors suggested a 14% dividend from the paid-up capital. […]

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NEPSE lists IPO shares of Maya Khola Hydropower Company and Supermai Hydropower. 7
IPO | FPO

NEPSE lists IPO shares of Maya Khola Hydropower Company and Supermai Hydropower.

  NEPSE has listed 10 million unit IPO shares of Maya Khola Hydropower Company Limited. This includes promoter shares as well as shares issued to the general public and project-affected locals. The initial transaction price range is Rs. 88.53 to Rs. 265.59. If the company signs the agreement with NEPSE, the IPO shares will trade […]

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In the second quarter of fiscal year 2079/80, Himalayan Reinsurance earns a net profit of Rs. 4.63 crores. 9
Business | Market | Economy

In the second quarter of fiscal year 2079/80, Himalayan Reinsurance earns a net profit of Rs. 4.63 crores.

Himalayan Reinsurance Limited reported a net profit of Rs. 4.63 crores for the fiscal year 2079/2080’s second quarter. The company’s net profit fell by 62.83% in the second quarter. In this quarter, the company’s paid-up capital was Rs. 7 Arba, while its reserve and surplus were Rs. 17.7 Crores. This quarter, the company earned Rs. […]

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Vijaya Laghubitta Calls an AGM on Chaitra 28 to Approve the 21.052% Dividend and Merger Agendas 11
Dividend

Vijaya Laghubitta Calls an AGM on Chaitra 28 to Approve the 21.052% Dividend and Merger Agendas

Vijaya Laghubitta Bittiya Sanstha Limited (VLBS) has scheduled its 10th Annual General Meeting for the 28th Chaitra, 2079. The meeting will begin at 11:30 a.m. in Bijaya Bikas Srot Kendra, Gaidakot, Nawalparasi. Among the other items on the agenda, the AGM will approve a 21.0526% dividend of Rs. 6.73 crores for fiscal year 2078/79. On […]

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NEPSE Settles at 1,949.06, Up 1.18%; All Sectors Close Green, Led by "Trading" 13
NEPSE NEWS

NEPSE Settles at 1,949.06, Up 1.18%; All Sectors Close Green, Led by “Trading”

The NEPSE index closed at 1,949.06 today, up 22.65 points from the previous trading day’s close. This represents a 1.18% increase. Yesterday, the index fell 6.90 points. Today, the index opened at 1,926.28 and closed at 1,925.41. In contrast, it reached a high of 1,949.17 before settling at 1,949.06.  

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Bindhyabasini Hydropower Development Company's 5% bonus shares are now listed on the NEPSE. 15
NEPSE NEWS

Bindhyabasini Hydropower Development Company’s 5% bonus shares are now listed on the NEPSE.

Bindhyabasini Hydropower Development Company Ltd (BHDC) has launched 5,00,000 units of bonus shares on NEPSE. On 22nd Poush, the business had its 6th AGM and approved a 5.02632% dividend for fiscal year 2078/79. The board of directors resolved to issue the dividend on the paid-up capital of Rs. 1 Arba at its meeting on Mangsir […]

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This week, NEPSE lost 69.39 points (3.46%), with a turnover of Rs 6.30 arba. 17
NEPSE NEWS

This week, NEPSE lost 69.39 points (3.46%), with a turnover of Rs 6.30 arba.

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.  

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9% of the promoter shares of Prime Life Insurance Company are converted into public shares. 19
Business | Market | Economy

9% of the promoter shares of Prime Life Insurance Company are converted into public shares.

  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 […]

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