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 […]
NIC Asia Laghubitta Bittiya Sanstha Limited (NICLBSL) has released its third-quarter report for FY 2079/2080, indicating a significant decline in net profit by 58.93%. According to the report, the net profit dropped to Rs. 23.24 crore, compared to Rs. 56.60 crore in the same quarter of the previous year. The company’s borrowings decreased by 12.91%
The Nepal Rastra Bank (NRB) has recently published its third quarterly review of the monetary policy for the fiscal year 2079/80. The primary objectives of the NRB, as outlined in the Nepal Rastra Bank Act of 2058, are to ensure price and exchange stability for the overall economic stability and long-term growth of the country.
Bindhyabasini Hydropower Development Company Limited (BHDC) has published its Q3 report of FY 2079/80, reporting a 48.81% decrease in net profit. The company’s net profit has reached Rs. 6.41 crores in this quarter compared to Rs. 12.53 crores in the corresponding quarter of the previous year. The company’s total revenue stood at Rs. 21.02 crores,
Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB), a microfinance company in Nepal, recently released its third-quarter report for the fiscal year 2079/2080. The report indicated a decline in net profit by 46.1% to Rs. 32.92 crore compared to the same period in the previous year, which was Rs. 61.09 crore. The company attributed the decline
Prabhu Life Insurance Limited (PLI) has proposed a dividend of 10.526% for the fiscal year 2077/78. This is the first dividend the company has proposed since being listed on the Nepal Stock Exchange (NEPSE). The company’s board of directors, at its 140th meeting held on Baisakh 25, has decided to distribute a dividend consisting of
Garima Bikas Bank Limited has distributed 13% bonus shares directly to the DEMAT account of its shareholders and has urged them to dematerialize their shares. This was announced after the bank’s 16th AGM where it also endorsed a 14.5% dividend worth Rs. 66.56 Crores for the fiscal year 2078/79. The board of directors meeting held
Manakamana Smart Laghubitta Bittiya Sanstha Limited (MKLB) has published its third-quarter report for the fiscal year 2079/2080, which shows a significant decline in net profit by 108.05% compared to the same quarter in the previous year. The net profit dropped to a negative of Rs. 42.52 lakhs from Rs. 5.28 crores. The company’s borrowings decreased
Liberty Energy Company held its 13th Annual General Meeting on April 8th, 2023, with Mr. Kush Kumar Joshi as the chair. During the meeting, all financial reports from the previous fiscal year were approved. The meeting also endorsed a proposal to offer 50% of right shares, equivalent to Rs 75 crore, to existing shareholders. Additionally,
Arun Valley Hydropower Development Company Limited (AHPC) has recently given out 8% bonus shares to its shareholders. The bonus shares were distributed directly to the DEMAT accounts of the shareholders. AHPC has also encouraged its shareholders to dematerialize their shares. Dematerialization refers to the process of converting physical shares into electronic format. During the 25th
Modi Energy Limited is wrapping up its IPO issuance of 55,59,420 unit shares worth Rs. 100 each to the general public from today i.e. May 7, 2023. The issue was opened on May 1, 2023. However, the IPO issue is already oversubscribed by 2.14 times so far as 1,062,761 applicants have applied for a total
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%
