Year

Imports and exports both fell in the first nine months of fiscal year 1979/80. 1
Business | Market | Economy

Imports and exports both fell in the first nine months of fiscal year 1979/80.

  The foreign trade figures for Nepal for the first nine months of fiscal year 2079/80 have been released. According to government data released on Thursday, Nepal’s trade deficit reduced by 17.06 percent to Rs. 10.83 Kharba from Rs. 13.06 Kharba the previous year.  

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Reminder! Last Day to Claim Asian Life Insurance Company's Dividend 3
Dividend

Reminder! Last Day to Claim Asian Life Insurance Company’s Dividend

  Today is the last day to claim the Asian Life Insurance Company Limited (ALICL) dividend. The corporation has scheduled its 15th Annual General Meeting for the 18th of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day in Hotel Classic Simara, Bara.  

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Citizens Super 30 Mutual Fund"s Public Offering 5
Business | Market | Economy

Citizens Super 30 Mutual Fund"s Public Offering

Citizens Capital Limited is launching a closed-end mutual fund scheme called “Citizens Super 30 Mutual Fund.”The issue will be open starting today, the 6th of Baisakh, and will close on the 10th of Baisakh, 2080. If the issue is not completely subscribed by the early closing date, it may be extended until Baisakh 20. 15% or 1.50 crore units worth Rs. 15 crores have been awarded to the fund promoter Citizens Bank International Limited, with the remaining 8.5 crore units being issued to the general public beginnin  

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Chhyangdi Hydropower Company Approves 100% Right Shares Offering 7
IPO | FPO

Chhyangdi Hydropower Company Approves 100% Right Shares Offering

  Chhyangdi Hydropower Company Limited (CHL) has scheduled its 9th Annual General Meeting (AGM) for the 28th of Baisakh, 2080. The conference would begin at 11 a.m. that day in Agrawal Bhawan, Kamalpokhari, Kathmandu.  

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Ridi Power Company Receives Electricity Regulatory Commission Approval to Issue 50% Right Shares 9
Business | Market | Economy

Ridi Power Company Receives Electricity Regulatory Commission Approval to Issue 50% Right Shares

  The Electricity Regulatory Commission (ERC) has approved Ridi Power Company (RIDI) to issue a 1: 0.50 right offering. The board of directors suggested on the 4th of Magh, 2079, to issue 50% right shares on the paid-up capital after adjusting 40% bonus shares for the fiscal year 2078/79, i.e. Rs. 1,54,89,01,200. The company’s paid-up […]

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Increased Impairment Charges Contributed to 8.81% RSDC Laghubitta's net profit falls in the third quarter; NPL rises to 1.37% 11
IPO | FPO

Increased Impairment Charges Contributed to 8.81% RSDC Laghubitta’s net profit falls in the third quarter; NPL rises to 1.37%

RSDC Laghubitta Bittiya Sanstha (RSDC) has released its third-quarter report for FY 2079/2080, which shows an 8.81% decrease in Net Profit. According to the company’s report, net profit fell to Rs. 8.69 crores from Rs. 9.43 crores in the previous year’s similar period. The company’s distributable profit after PL Appropriation and Regulatory Adjustments was Rs […]

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For Fiscal Year 2078/79, Nesdo Sambridha Laghubitta revises the dividend rate to 17.9342%. 13
Dividend

For Fiscal Year 2078/79, Nesdo Sambridha Laghubitta revises the dividend rate to 17.9342%.

The dividend percentage for the fiscal year 2078/79 has been changed from 73.68% to 17.93% by Nesdo Sambridha Laghubitta Bittiya Sanstha Limited (NESDO). On Chaitra 09, the board of directors resolved to disburse the dividend on the paid-up capital of Rs. 25.50 crores. There was a proposal for 50% bonus shares worth Rs. 12.75 crores […]

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The Book Closure Date for Kamana Sewa Bikas Bank's 4.64% Dividend has been announced. 15
Dividend

The Book Closure Date for Kamana Sewa Bikas Bank’s 4.64% Dividend has been announced.

Kamana Sewa Bikas Bank Limited (KSBBL) has scheduled its 16th Annual General Meeting for the 31st of Baisakh, 2080. The meeting will begin at 11:30 a.m. that day at the Siddhartha Boutique Hotel in Kathmandu. Among the other items on the agenda, the AGM will approve a 4.64% cash dividend for fiscal year 2078/79. The […]

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Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares. 17
Business | Market | Economy

Union Life Insurance Company requests that shareholders pay taxes on 8.97% bonus shares.

  Union Life Insurance Company Limited (ULI) has requested its shareholders to pay the 8.97% bonus share tax. On the 26th of Magh, 2079, the firm held its 5th AGM for the fiscal year 2077/78. The meeting approved 8.97% bonus shares worth Rs. 19,28,55,000 from the company’s paid-up capital of Rs. 2.15 Arba for the […]

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