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Listing of 4,77,020 Bonus Shares of Asha Laghubitta Bittiya Sanstha Limited (ALBSL) on NEPSE 1
NEPSE NEWS

Listing of 4,77,020 Bonus Shares of Asha Laghubitta Bittiya Sanstha Limited (ALBSL) on NEPSE

Asha Laghubitta Bittiya Sanstha Limited (ALBSL) Lists 4,77,020 Bonus Shares on NEPSE at an LTP of Rs. 670 Following the convening of its 6th Annual General Meeting on 11th Chaitra, Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has listed 4,77,020 unit bonus shares on the Nepal Stock Exchange (NEPSE). The AGM had approved a 15% dividend […]

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Nepalese Stock Exchange (NEPSE) index experiences decline in trading with all sector indices closing red 3
NEPSE NEWS

Nepalese Stock Exchange (NEPSE) index experiences decline in trading with all sector indices closing red

The Nepalese Stock Exchange (NEPSE) experienced a decline today, with the index closing at 1,850.61, a decrease of 1.02% or 19.12 points from the previous trading day’s closing. The index had gained 12.73 points yesterday but suffered a loss today. The trading day opened at 1,870.41, and the intraday high was 1,872.22, while the intraday […]

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NEPSE index gains 0.69% with all sector indices closing green 5
NEPSE NEWS

NEPSE index gains 0.69% with all sector indices closing green

The Nepal Stock Exchange (NEPSE) index gained 12.73 points today, closing at 1,869.73, which is a 0.69% increase from the last trading day. The index had a low of 1,846.67 and a high of 1,875.26 during the day, opening at 1,856.97. The trading volume was 276 scrips traded via 20,655 transactions, with a total of […]

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Nepal Investment Mega Bank to issue Rs 4 arba worth Debenture with 10% interest rate 7
Business | Market | Economy

Nepal Investment Mega Bank to issue Rs 4 arba worth Debenture with 10% interest rate

Nepal Investment Mega Bank has decided to issue debentures worth Rs. 4 arba, and they have chosen Prabhu Capital as the issue manager for this process. The debentures will be offered to the general public as well as institutional investors. The duration of the debenture is for ten years and it will provide a 10% […]

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GBLBS Reports Net Profit of Rs. 5.9 Crores in Q3 of FY 2079/2080 with Decreased Net Interest Income and Non-Performing Loans 9
Business | Market | Economy

GBLBS Reports Net Profit of Rs. 5.9 Crores in Q3 of FY 2079/2080 with Decreased Net Interest Income and Non-Performing Loans

  Grameen Bikas Laghubitta Bittiya Sanstha Limited (GBLBS) has reported a net profit of Rs. 5.9 Crores in the third quarter of FY 2079/2080, marking a 79.19% decrease compared to the same quarter in the previous year. The company’s net interest income decreased by 26.48% to Rs. 67.31 Crores, while its borrowings decreased by 16.70% […]

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IGI and PICL Complete Merger, Forming IGI Prudential Insurance Limited with Total Paid-Up Capital of Rs. 3.02 Arba 11
Business | Market | Economy

IGI and PICL Complete Merger, Forming IGI Prudential Insurance Limited with Total Paid-Up Capital of Rs. 3.02 Arba

The merger between IME General Insurance Limited (IGI) and Prudential Insurance Company Limited (PICL) has been finalized, with the two companies agreeing to a 1:1 swap ratio and forming a new entity called “IGI Prudential Insurance Limited”. The merger has received final approval from the Nepal Insurance Authority and the Office of the Registrar of […]

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Allotment of 12 Crore Units of Siddhartha Investment Growth Scheme 3 Concludes; Only 67.15% Units Subscribed 13
Business | Market | Economy

Allotment of 12 Crore Units of Siddhartha Investment Growth Scheme 3 Concludes; Only 67.15% Units Subscribed

Siddhartha Capital Limited recently concluded the issuance of its closed-end mutual fund scheme, “Siddhartha Investment Growth Scheme 3”. The issue consisted of 12 crore unit shares with a par value of Rs. 10 per unit. The fund promoter, Siddhartha Bank Limited, was allocated 10% (1.2 crore units) of the shares, while the fund manager, Siddhartha […]

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"Nepalese Stock Market Witnesses a Slight Decline with ANLB Leading Gains and SGHC Facing Losses" 15
NEPSE NEWS

“Nepalese Stock Market Witnesses a Slight Decline with ANLB Leading Gains and SGHC Facing Losses”

Today, the Nepalese stock market index, NEPSE, experienced a decline of 0.23% and closed at 1,866.40, which is 4.27 points lower than the previous day’s close. During the trading day, the index reached a high of 1,878.96 and a low of 1,860.43 after opening at 1,871.63. The total turnover for the day was Rs. 69.22 […]

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NMB Laghubitta convenes endorses 10% bonus shares for its shareholders 17
Business | Market | Economy

NMB Laghubitta convenes endorses 10% bonus shares for its shareholders

NMB Laghubitta has held its 10th Annual General Meeting (AGM) on April 28, 2023, chaired by Sanjib Subba. During the meeting, the shareholders approved a 10% bonus share dividend worth Rs. 6.55 crore for the previous fiscal year. Additionally, the AGM granted the board the authority to pursue any merger or acquisition opportunities with other […]

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"Himalaya Urja Bikas Company Limited reschedules 22nd AGM with new agenda items" 19
Business | Market | Economy

“Himalaya Urja Bikas Company Limited reschedules 22nd AGM with new agenda items”

Himalaya Urja Bikas Company Limited (HURJA) has announced that its 22nd Annual General Meeting (AGM) will now be held on 9th Jestha, 2080. The meeting was originally scheduled for 29th Poush, 2079, but was rescheduled. The AGM will take place at Arpan Banquet in Nayabaneshwor, Kathmandu, starting at 11 am on the specified day. The […]

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