Year

Manushi Laghubitta (MLBS) and Shrijanshil Laghubitta (SHLB) Sign Merger Agreement at 1:1 Swap Ratio 1
Business | Market | Economy

Manushi Laghubitta (MLBS) and Shrijanshil Laghubitta (SHLB) Sign Merger Agreement at 1:1 Swap Ratio

Following the merger, the institution’s name was changed to Manushi Shrijanshil Laghubitta Bittiya Sanstha Limited. Similarly, for the merger, an equal share swap ratio, i.e. a 1:1 swap ratio, has been finalized. For the merger process, a joint merger committee will be formed with 3/3 representatives from both organizations. The goal is to complete the […]

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Deprosc Laghubitta holds its 21st annual general meeting, at which it approves a 21.05% dividend and the acquisition of Adarsha Laghubitta. 3
Dividend

Deprosc Laghubitta holds its 21st annual general meeting, at which it approves a 21.05% dividend and the acquisition of Adarsha Laghubitta.

  Mr. Deepak Khanal, chair of Deprosc Laghubitta, presided over the company’s 21st AGM. For the previous fiscal year, the AGM approved 10% bonus shares and 11.052632% cash dividends for its shareholders. According to the media statement, the company’s paid-up capital will increase to Rs 1.52 arba after the bonus shares.

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Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79. 5
Dividend

Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79.

  For the fiscal year 2078/79, Asian Life Insurance Company Limited (ALICL) has proposed a dividend of 8.947% worth Rs. 26.01 Crores. The board of directors decided today (Falgun 30) to distribute 8.50% bonus shares and a 0.447% cash dividend (for tax purposes). The value of the bonus shares is Rs. 24.71 crores, and the […]

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The government's spending exceeds its revenue by Rs 1.56 Kharba. 7
Business | Market | Economy

The government’s spending exceeds its revenue by Rs 1.56 Kharba.

  For the first eight months of the current fiscal year 2079/80, the government’s budget deficit exceeded Rs. 1.56 Kharba. By the end of Falgun, the government had spent 7.79 Kharba of its budget, but had only collected 6.22 Kharba in total revenue. Meanwhile, only 22.15% of capital expenditure (CAPEX) is used until the end […]

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Chilime Hydropower Company's 7.5% bonus shares are now listed on the NEPSE. 9
NEPSE NEWS

Chilime Hydropower Company’s 7.5% bonus shares are now listed on the NEPSE.

Chilime Hydro Power Company Limited (CHCL) has launched 50,63,846.01 Units Bonus Shares on NEPSE. The board of directors suggested a 15% dividend for fiscal year 2078/79 during its 410th meeting on Mangsir 20. 7.5% bonus shares and 7.5% cash dividends of Rs. 50.63 crores each were proposed and delivered to shareholders. The current paid-up capital […]

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7-Month Macroeconomic Highlights: Inflation is 7.88%. 11
Business | Market | Economy

7-Month Macroeconomic Highlights: Inflation is 7.88%.

According to the Nepal Rastra Bank, inflation remained at 7.88 percent year on year. During the mentioned period, the gross foreign exchange reserves stood at USD 10.50 billion, while total imports and exports decreased by 19.9 percent and 29 percent, respectively, and the trade deficit decreased by 18.7 percent. The outstanding concessional loan was Rs.210.96 […]

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Nabil Bank's 18.50% bonus shares are now listed on the NEPSE. 13
NEPSE NEWS

Nabil Bank’s 18.50% bonus shares are now listed on the NEPSE.

  Nabil Bank Limited (NABIL) has 42,240,881 unit bonus shares listed on NEPSE. On 29th Poush, 2079, the bank held its 38th AGM for the fiscal year 2078/79. The board of directors approved a 30% dividend for fiscal year 2078/79. On Mangsir 25, the board of directors decided to distribute the dividend on the paid-up […]

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Prime Life Insurance and Butwal Power Company Bonus Shares Are Finally Listed on the NEPSE 17
NEPSE NEWS

Prime Life Insurance and Butwal Power Company Bonus Shares Are Finally Listed on the NEPSE

  Prime Life Insurance Company Limited (PLIC) has listed 36,13,500.25 Units Bonus Shares on NEPSE. For the fiscal year 2077/78, the board of directors proposed bonus shares worth Rs. 36,13,500.25 and a cash dividend worth Rs. 1,90,18,422 from the paid-up capital of Rs. 2.77 Arba at its 162nd meeting. NEPSE now lists the same bonus […]

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Himalayan Everest Insurance Holds AGM on Chaitra 29th to Approve 2.89% Dividend 19
Dividend

Himalayan Everest Insurance Holds AGM on Chaitra 29th to Approve 2.89% Dividend

Himalayan Everest Insurance Limited (HEI) has scheduled its 29th annual general meeting for Chaitra 29, 2079. The meeting will begin at 11 a.m. that day at the Baneshwor Banquet in Thapagaun. Among the other items on the agenda, the AGM will approve a 2.89% dividend for fiscal year 2078/79. The 297th meeting of the board […]

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