Tag: Warren

  • Nepal SBI Bank’s bonus shares worth 29.47 lakh have been listed for trading on the NEPSE.

    Nepal SBI Bank’s bonus shares worth 29.47 lakh have been listed for trading on the NEPSE.


    Nepal SBI Bank Limited (SBI) has listed 29,47,755.9338 unit bonus shares on NEPSE.

    On the 25th of Poush, 2079, the company held its 29th AGM for the fiscal year 2078/79. For fiscal year 2078/79, the board of directors approved a 10.53% dividend of Rs. 1.03 Arba. On Mangsir 12, 2079, the 492nd board of directors decided to distribute a 10.53% dividend on the paid-up capital of Rs. 9,82,58,53,113, with 3% bonus shares worth Rs. 29,47,75,594 and 7.53% cash dividend (including tax) worth Rs 73,98,86,735 endorsed. NEPSE now lists the same bonus shares.

     

  • The NIC ASIA Laghubitta Parasi branch organizes a walkathon to commemorate the 11th Global Money Week.

    The NIC ASIA Laghubitta Parasi branch organizes a walkathon to commemorate the 11th Global Money Week.


    Through its sub-provincial office in Nawalparasi, NIC ASIA Laghubitta has organized a rally program to commemorate Global Money Week 2023 in Parasi.

     

    According to the media statement, the event was led by the Parasi Laghubitta Employee Forum, and participants carried placards for financial awareness.

     

  • From Chaitra 19, Makar Jitumaya Suri Hydropower Company will issue 1,337,302 unit IPO shares to the general public.

    From Chaitra 19, Makar Jitumaya Suri Hydropower Company will issue 1,337,302 unit IPO shares to the general public.


     

    Makar Jitumaya Suri Hydropower Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).

    From the 19th Chaitra of 2079, the company will issue 1,337,302 unit shares with a face value of Rs 100. The company expects to earn Rs 13.37 crore from this IPO. This issue’s early closing date is 22nd Chaitra, and if it is not fully subscribed, it can be extended until 3rd Baisakh, 2080. Makar Jitumaya Suri Hydropower Company Limited has issued an offer letter to the general public in preparation for its Initial Public Offering (IPO).

    From the 19th Chaitra of 2079, the company will issue 1,337,302 unit shares with a face value of Rs 100. The company expects to earn Rs 13.37 crore from this IPO.

  • NEPSE falls by double digits to close at 1,888.27; three scrips lose everything they can for the day.

    NEPSE falls by double digits to close at 1,888.27; three scrips lose everything they can for the day.


    The NEPSE index closed at 1,888.27 today, down 26.87 points from the previous trading day’s close. This is a 1.40% decrease. Last Thursday, the index fell 18.15 points.

    Today, the index opened at 1,915.32, an intraday high. In contrast, it dropped as low as 1,881.07 before closing at 1,888.27.

    Through 32,168 transactions, 259 scrips changed hands. A total of 3,754,334 shares were traded, totaling Rs. 1.289 Arba in turnover. This is less than the previous day’s turnover of Rs. 1.413 Arba.

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  • For Fiscal Year 2078/79, Mahuli Laghubitta raises the dividend rate to 15%.

    For Fiscal Year 2078/79, Mahuli Laghubitta raises the dividend rate to 15%.


     

    Mahuli Laghubitta Bittiya Sanstha Limited (MSLB) has reduced the dividend percentage from 25% to 15% for fiscal year 2078/79.

    On Poush 25, the board of directors decided to distribute 20% bonus shares and 5% cash dividend (including tax) from the paid-up capital of Rs. 28.21 Crores. The company proposed a Rs. 5.64 crore bonus dividend and a Rs. 1.41 crore cash dividend, for a total of Rs. 7.05 crores.

  • Gold price nears all-time high; gains Rs 800 per tola today to trade at Rs 109,800

    Gold price nears all-time high; gains Rs 800 per tola today to trade at Rs 109,800


    Today’s gold price has risen by Rs. 800 per tola.

    According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 109,800 per tola. Yesterday, the rate remained unchanged at Rs. 109,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 109,300. In contrast, the rate was kept at Rs. 108,500 per tola yesterday.

     

  • Awesome New Phones for an Awesome New Season; Samsung will release the Galaxy A34 5G and Galaxy A54 5G in Nepal.

    Awesome New Phones for an Awesome New Season; Samsung will release the Galaxy A34 5G and Galaxy A54 5G in Nepal.


    Rumors have been circulating on the internet about the arrival of Samsung’s all-new A series smartphone in Nepal. With the global release of the Samsung Galaxy A34 5G and Galaxy A54 5G, there has been speculation in the Nepali market about when the fantastic new addition to Samsung’s beloved A-series phones will arrive in Nepal. They appear to have confirmed it now, as we can see some teaser posts about the A series on the official Samsung Nepal social media platforms, indicating that it will be released soon.

     

  • Jeevan Bikas Laghubitta Calls AGM on Chaitra 30; Proposed Dividend of 33.15% Reduced to Only 14.999%

    Jeevan Bikas Laghubitta Calls AGM on Chaitra 30; Proposed Dividend of 33.15% Reduced to Only 14.999%


    Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has scheduled its 4th Annual General Meeting for 30th Chaitra, 2079. The meeting will be held in the company’s head office located at Katahari, Morang, starting at 10:30 PM that day.

    Among the other items on the agenda, the AGM will approve a 14.99% dividend for fiscal year 2078/79. The company decided to pay out a dividend of Rs. 1.03 Arba on its paid-up capital. The proposal includes 14.285% bonus shares worth Rs. 14.77 crores and a 0.714% cash dividend worth Rs. 73.87 lakhs. The tax amount levied on the dividend is included in the

     

  • Makar Jitumaya Suri Hydropower Company Allotted IPO Shares to Locals Affected by the Project and Nepalese Working Abroad

    Makar Jitumaya Suri Hydropower Company Allotted IPO Shares to Locals Affected by the Project and Nepalese Working Abroad


    Makar Jitumaya Suri Hydropower Company Limited has distributed IPO shares to project-affected Dolakha District residents and Nepalese citizens working abroad. The allotment program ended on Chaitra 9, 2079.

    The company’s issued capital is Rs. 76 crores, of which 10%, or 7,60,000 unit shares worth Rs. 7.6 crores, were allocated to project-affected Dolakha District residents (Locals of Gaurisankhar gaupalika and Bigu gaupalika). Meanwhile, 20% of the company’s issued capital, or 15,20,000 unit shares, will be made available to the general public later. 10% of the shares in this public offering, totaling 152,000 units, were reserved for Nepalese citizens working abroad. The issue had begun on the 15th of Magh, 2079.

     

  • NEPSE Ends the Week With a Loss of 0.94% and a Turnover of Rs 5.11 Arba

    NEPSE Ends the Week With a Loss of 0.94% and a Turnover of Rs 5.11 Arba


    NEPSE traded only four days this week due to the Ghode Jatra holiday on Tuesday. Last week, the index closed at 1,933.31, down 3.46% from the previous week.

    This week, the index reached a high of 1,962.14 and a low of 1906.33, resulting in a volatility of 55.81 points. The index had 95.95 points of volatility the previous week.

     

  • Modi Energy IPO closes today for Nepalese working abroad.

    Modi Energy IPO closes today for Nepalese working abroad.


    Modi Energy Limited is closing its IPO issue to Nepalese citizens working abroad today, 9th Chaitra, and has extended the IPO issue deadline for project-affected locals until 16th Chaitra, 2079. The problem had begun on the 25th of Falgun, 2079.

    The company’s issued capital is Rs. 2.9 Arba, of which 10%, or 29,00,000 unit shares worth Rs. 29 crores, have been distributed to project-affected Parbat District residents. Meanwhile, 15% of the company’s outstanding capital, or 43,50,000 unit shares, will be made available to the general public later. This public offering, which will conclude today, has reserved 10% of the shares totalling 435,000 units for Nepali people working overseas.

  • Reminder! Janautthan Samudayic Laghubitta’s Proposed Dividend Deadline

    Reminder! Janautthan Samudayic Laghubitta’s Proposed Dividend Deadline


    This is the last day to get a dividend of 15.7895% suggested by Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSLBB).

    The corporation has scheduled its 12th Annual General Meeting for Chaitra 26th, 2079. The conference will begin at 11 a.m. that day at the Hotel New Era in Butwal.

    Among the other items on the agenda, the AGM will approve a 15.7895% dividend of Rs. 2.33 crores for fiscal year 2078/79. The board of directors resolved on March 29 to distribute 15% bonus shares and 0.7895% cash dividend from the paid-up capital of Rs. 14.79 crores. As a result, the bonus shares are worth somewhat more than Rs. 2.21 crore, while the cash dividends are worth Rs. 11.67 lakhs.