Tag: US

  • National Microfinance (NMFBS) Modifies Bonus Dividend for Fiscal Year 2078/79

    National Microfinance (NMFBS) Modifies Bonus Dividend for Fiscal Year 2078/79


     

    The bonus dividend of National Microfinance Laghubitta Bittiya Sanstha Limited (NMFBS) has been reduced from 38.5% to 34.45%.

    NMFBS proposed a Bonus Dividend of 38.5% for fiscal year 2078/79. The 141st board of directors meeting, held on Magh 9, proposed a 38.5% bonus from paid-up capital for fiscal year 2078/79. The company’s paid-up capital is Rs. 58.66 crores. As a result, the company proposed bonus shares worth Rs. 22.58 crores.

     

  • 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.

     

  • Salt Trading Corporation’s net profit increased by 47.39% in the second quarter, to Rs 14.86 per share.

    Salt Trading Corporation’s net profit increased by 47.39% in the second quarter, to Rs 14.86 per share.


    Salt Trading Corporation Limited (STC) has released its second-quarter report for fiscal year 2079/2080, which shows a 47.39% increase in net profit. The company’s net profit increased to Rs. 1.88 crores in Q2, 2079/2080 from Rs. 1.27 crores in the previous year’s corresponding quarter.

    The company’s sales revenue (revenue from operations) fell by 1.63% in the second quarter to Rs. 3.45 Arba, down from Rs. 3.51 Arba in the previous year’s corresponding quarter. In contrast, the company’s other income has decreased to Rs. 1.7 Crores from Rs. 3.7 Crores during the same period last year.

     

  • 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.

     

  • Swarojgar Laghubitta Announces Book Closure Date for its Dividend of 23.157%

    Swarojgar Laghubitta Announces Book Closure Date for its Dividend of 23.157%


    Swarojgar Laghubitta Bittiya Sanstha Limited (SLBBL) has announced the book closure date for its 23.1579% dividend worth Rs. 11.90 crores for fiscal year 2078/79 and has scheduled the 14th Annual General Meeting for Chaitra 11, 2079. The meeting will begin at 11:30 a.m. that day in Nepal Pragya Pratisthan, Kamaladi, Kathmandu.

    Among the other items on the agenda, the AGM will approve a 23.1579% dividend of Rs. 11.90 crores for fiscal year 2078/79. On Poush 27, the board of directors decided to distribute the dividend on the paid-up capital of Rs. 51.40 crores. There is a proposal for 22% bonus shares worth Rs 11.31 crores and a 1.1579% cash dividend (including tax) worth Rs 59.52 lakhs.

     

  • 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.

     

  • NEPSE now lists bonus shares of SHL, MERO, NICL, and PIC.

    NEPSE now lists bonus shares of SHL, MERO, NICL, and PIC.


    Soaltee Hotel Limited (SHL) has 42,13,533 unit bonus shares listed on NEPSE.

    On Poush 28, 2079, the company held its 48th AGM for the fiscal year 2078/79. The board of directors approved a dividend of 26.31578947% for fiscal year 2078/79. The board of directors decided to distribute 5% bonus shares worth Rs. 4,21,28,986 and a 21.31578947% cash dividend worth Rs. 179,602,521 from its paid-up capital of Rs. 84.25 Crores on Ashwin 31. NEPSE now lists the same bonus shares.

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  • Asha Laghubitta (ALBSL) Revises Dividend for FY 2078/79

    Asha Laghubitta (ALBSL) Revises Dividend for FY 2078/79


    The dividend proposal for the fiscal year 2078/79 of Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has been revised.

    The company had previously proposed a 20% bonus share and 1.0526% cash dividend on its Rs. 33.39 crore paid-up capital. The bonus shares were worth slightly more than Rs. 6.67 crores, while the cash dividend was worth slightly more than Rs. 35.14 lakhs.

     

  • NEPSE drops 7.46 points in two days, settling at 2,019.73 today.

    NEPSE drops 7.46 points in two days, settling at 2,019.73 today.


    The NEPSE index closed at 2,019.73 today, down 3.81 points from the previous trading day’s close. This is a 0.19% decrease. Yesterday, the index fell 3.65 points.

    Today, the index opened at 2,024.82 and closed at 2,013.25. It reached a high of 2,033.70 before settling at 2,019.73.

     

  • 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.

  • Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio.

    Balephi Hydropower suggests issuing right shares in a 1:0.50 ratio.


    The Balephi Hydropower Limited (BHL) board of directors decided to submit a proposal for approval at the following annual general meeting of the company for the issuance of rights shares in the ratio of 1 equal to 0.5 from the current paid-up capital of Rs. 1.827 Arba. This decision was made at the board’s meeting on Falgun 12. Thus, the company’s enlarged paid-up capital following the right issuance at 50% will be Rs. 2.74 Arba.

    Balephi Hydropower earlier this year sold 18,27,970 units to the general public at a price of Rs 18.27 crore.

  • Siddhartha Insurance’s (SIL) 9% Bonus Shares are Currently Listed on the NEPSE

    Siddhartha Insurance’s (SIL) 9% Bonus Shares are Currently Listed on the NEPSE


    Siddhartha Insurance Limited (SIL) has launched 11,59,200 unit bonus shares on NEPSE.

    On Poush 29, 2079, the firm had its 21st Annual General Meeting, at which the 9.4737% dividend for the fiscal year 2078/79 was approved. A 9% bonus share and 0.4737% cash dividend (for tax purposes) from the paid-up capital of Rs. 1.28 Arba were recommended at the board of directors meeting on Poush 7. As a result, the proposal included bonus shares worth Rs. 11.59 crores and cash dividends of Rs. 61.01 lakh.

    The same bonus shares are now on the NEPSE list. Last week, SIL finished at Rs. 611.