Year
On the 25th of Baisakh, Liberty Energy Company will hold its 11th, 12th, and 13th annual general meetings.
Liberty Energy Company Limited (LEC) has scheduled its 11th, 12th, and 13th Annual General Meetings on the 25th of Baisakh, 2080. The meeting would begin at 11 a.m. that day at Amritbhog Caterings in Kalikasthan, Kathmandu.
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From Baisakh 08, Mai Khola Hydropower will issue 12,69,411 unit IPO shares to the general public.
From the 8th of Baisakh, 2080, the business would issue 12,69,411 unit shares with a face value of Rs 100. This IPO is expected to generate Rs 12.69 crore for the firm. This issue’s early closure date is on 12th Baisakh, and if it is not completely subscribed, it can be prolonged until 24th Baisakh, […]
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Muktinath Bikas Bank and Sadhana Laghubitta distributed bonus shares to shareholders’ demat accounts.
Muktinath Bikas Bank Limited (MNBBL) has given 13.5% bonus shares directly to its owners’ DEMAT accounts and encouraged them to dematerialize their shares. On 30th Poush, 2079, the bank had its 16th AGM for FY 2078/79. The AGM approved a dividend of 14.2105% for fiscal year 2078/79. The board of directors resolved on Poush 01 […]
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Pokhara Finance, Union Life Insurance Company, and Mahalaxmi Bikas Bank Bonus Shares Listed on NEPSE
Pokhara Finance Limited (PFL) has launched 4,16,367.92 unit bonus shares on NEPSE. On 30th Poush, the business had its 26th AGM and approved a dividend of 4.21% for fiscal year 2078/79. The Board of Directors voted at its 512th meeting to pay a dividend of 4.21% on the paid-up capital of Rs. 1.04 Arba. A […]
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The NEPSE Index fell 18.91% in a year, while total turnover dropped by 75%.
The NEPSE index finished at 1,934.47 today, down 29.07 points from the previous trading day’s close. This is a 1.48% decrease. Yesterday, the index increased by 92.22 points. The index began today at 1,973.09 and reached an intraday high of 1,981.87. In comparison, it dropped as low as 1,928.93 before closing at 1,934.47. In 44,708 […]
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For the month of Baishakh, the NBA has decided to reduce interest rates to single digits.
According to the Nepal Bankers Association (NBA), the interest rate on fixed deposits would be reduced beginning in the approaching month of Baishakh, 2080. The majority of banks indicated support for decreasing the interest rate at the Bankers’ Association meeting on Wednesday, and the decision was taken to also cut the term interest rate. […]
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Development banks have decided to lower the interest rate on fixed deposits
During its conference, the Development Bankers Association, an association of Development Bank CEOs, also resolved to drop the interest rate. The committee members have agreed to reduce the deposit interest rate by 1%. According to development banks, the interest rate on personal term deposits will now be 10.6 percent rather than 11.6 percent. Similarly, the […]
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There will be no dividend paid to Excel Development Bank (EDBL) shareholders in fiscal year 2078/79.
Excel Development Bank Limited (EDBL) has announced that it will not pay dividends in fiscal year 2078/79. The EDBL Board of Directors decided on Chaitra 27, 2079, that no dividends will be paid for fiscal year 2078/79. The financial statements, however, are subject to approval by Nepal Rastra Bank and the company’s upcoming Annual […]
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The capital market downturn has resulted in a significant reduction in Hathway Investment Nepal’s profitability.
Hathway Investment Nepal Limited (Hathway), Nepal’s first private-equity investment firm, generated Rs. 1277 million in operating income (OI) in fiscal year 2022. For FY 23, the company has projected an operating income of around Rs. 116 million. ICRA Ratings has assigned a long-term rating of LBBB to Hathway for long-term loans totaling Rs. 147.7 million […]
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Because of the Liquor Industry’s Boom and Bust Period
Vijay Distillery Private Limited (VDPL), which manufactures liquor brands such as Ruslan Vodka, generated Rs. 2085 million in sales revenue in 2022. The company’s revenue has decreased by Rs. 59.3 crores compared to FY 2021. For fiscal year 20/21, the company generated sales revenue of Rs. 2678 crore (Million). VDPL’s profit margin for FY2022 […]
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