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“Nepal’s Economic Triumph: Robust Balance of Payments Surplus Signals Financial Stability”
In a positive economic development, a report from the Nepal Rastra Bank reveals that Nepal’s balance of payments (BOP) has maintained a surplus of Rs.147.11 billion, marking a significant increase compared to the Rs.20.03 billion surplus recorded in the same period the previous year, based on data ending in mid-November. Expressed in US Dollars, the […]
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Shree Investment Finance Company Proposes 5.05% Cash Dividend for FY 2079/80
Shree Investment Finance Company Limited (SIFC) has put forward a proposal for a 5.05% cash dividend amounting to Rs. 4.96 for the fiscal year 2079/80. This decision was reached during the 336th board meeting held on Mangsir 26, with the dividend distribution derived from the company’s paid-up capital of Rs. 98.16 crores. The proposed 5.05% […]
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Laxmi Sunrise Bank Proposes 7.37% Dividend for Fiscal Year 2079/80 After LBL-SRBL Merger
Laxmi Sunrise Bank Limited (LSL) has proposed a dividend of 7.37% for the fiscal year 2079/80. This proposal was put forward during the 283rd board meeting held on December 12, 2023. The dividend is calculated based on the company’s paid-up capital, which currently stands at Rs. 21.67 Arba. The proposed dividend includes 7% bonus shares […]
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Kumari Bank and NEPSE Seal Deal for Listing 10% KBL Debenture 2090
Kumari Bank Limited (KBL) and the Nepal Stock Exchange (NEPSE) finalized an agreement today for the listing of “10% KBL Debenture 2090” (KBLD90). Under the terms of the agreement, 50,00,000 units of the debenture are set to be listed at a par value of Rs. 1000 per unit. The subscription period for the issue was […]
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Himalayan Capital and NEPSE Ink Agreement for Listing ‘Himalayan 80-20’ Fund
Today, representatives from Himalayan Capital Limited and the Nepal Stock Exchange (NEPSE) finalized an agreement for the listing of “Himalayan 80-20.” Under the terms of the agreement, 10,00,00,000 units of “Himalayan 80-20” are set to be listed at a par value of Rs. 10 per unit. The subscription period for the issue was open to […]
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NEPSE Records Modest Gain Amidst Stock Market Fluctuations: Sonapur Minerals Tops Turnover
The Nepal Stock Exchange (NEPSE) Index has recorded a modest gain of 2.60 points or 0.13% compared to the previous day’s closing, concluding at 1,988.04 points. In the preceding trading session, the index witnessed a more substantial increase of 36.86 points. The market commenced today with the index opening at 1990.36. It experienced fluctuations throughout […]
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Government Commission Successfully Resolves Over 5,000 Usury Complaints, Returns Assets to Victims
The Commission formed by the government to investigate and resolve cases related to usury has effectively handled 5,155 out of the 28,000 received complaints, according to Uttamraj Subedi, a Commission member and Additional Inspector General of Police. Since its inception, the Commission has facilitated the return of 218 bigha 10 kattha 7 dhur (793) to […]
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Kamana Sewa Bikas Bank Limited Initiates Auction of 5,09,892 Promoter Shares: Exclusive Opportunity for Former Promoter Shareholders
The current promoters of Kamana Sewa Bikas Bank Limited (KSBBL) have initiated the auction of 5,09,892 units of shares, starting from the 25th of Mangsir, 2080. This auction is exclusively open to interested former promoter shareholders of the bank. Eligible bidders have a 35-day window from the publication date of this notice, which is also […]
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“NEPSE Records Volatile Trading Day: High Turnover, Notable Gains, and Losses in Latest Market Update”
The Nepal Stock Exchange (NEPSE) Index recorded a decline of 15.40 points, equivalent to 0.78%, settling at 1,948.57 points compared to the previous day’s closing. In the preceding trading session, the market had witnessed an impressive 6% surge, prompting multiple trading halts and leading to the early closure of the market for the entire day. […]
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SEBON Approves Inclusion of Sarbottam Cement’s IPO in Pipeline, Sets Stage for Rs. 1.29 Arba Offering
Sarbottam Cement Ltd.’s Initial Public Offering (IPO) has been included in the Securities Board of Nepal’s (SEBON) IPO pipeline for approval. The company intends to issue 3,600,000 unit shares to both local and general investors, with the IPO expected to generate a total of Rs. 1.29 Arba. Priced at Rs. 360.90 per share for both […]
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