Today’s gold price has risen by Rs. 1000 per tola. According to the Federation of Nepal Gold and Silver Dealers’ Association’s official website, fine gold is currently trading at Rs. 109,000 per tola. Yesterday, the rate remained unchanged at Rs. 108,000 per tola. Meanwhile, Tejabi gold is currently trading at Rs. 108,500. In contrast, […]
After a successful merger between Siddhartha Insurance Limited (SIL) and Premier Insurance Company (Nepal) Limited (PIC), 28,065,499 shares of Siddhartha Premier Insurance Limited (SPIL) were listed on NEPSE. On the 27th of Ashad, 2079, SIL and PIC inked a merger agreement. The corporation had agreed to a merger with a swap ratio of 1:1. SIL’s
From today, 14th Chaitra, 2079, the promoter shareholder of Siddhartha Bank Limited (SBL) is auctioning 114,813 units of shares to existing promoter owners. SBL unit promoter shares worth 114,813 will be auctioned off. Only existing promoters are entitled to bid on the auction within 35 days after its publication, on the 14th Chaitra. Shareholders should
You need to renew your driving license in Nepal every 5 years and it can be done through any Transport Management office. Even though there are only a few steps to license renewal in Nepal, it almost takes 2 to 3 hours. As offices are closed on weekends and so is the DOTM Nepal most of us need to
The Securities Exchange Board of Nepal (SEBON) has added Api Power Company Limited (API) right shares to its preliminary review pipeline. The hydropower company intends to issue 40% right shares worth Rs. 1.65 Arba to its existing shareholders in the form of 16,533,137 (1:0.40) units of right shares. API’s current paid-up capital, after adjusting for
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.
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
Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has reduced the dividend rate for fiscal year 2078/79 from 37.3684% to 33.15%. The 72nd meeting of the board of directors, held on Falgun 06, resolved to give a dividend of Rs. 1.03 Arba on the paid-up capital. A cash dividend of 9.3684% and 28% bonus shares had
For the fiscal year 2078/79, Jeevan Bikas Laghubitta Bittiya Sanstha Limited (JBLB) has proposed a dividend of 37.3684%. The 72nd meeting of the board of directors, held on Falgun 06, decided to distribute a dividend of Rs. 1.03 Arba on the paid-up capital. A cash dividend of 9.3684% and 28% bonus shares have been proposed.
Global IME Bank Limited (GBIME) has added 112,614,336 new shares to the NEPSE. On 2nd Ashad, 2079, Global IME Bank Limited (GBIME) and Bank of Kathmandu Limited (BOKL) signed a merger agreement and agreed to a 1: 1 share swap ratio for the merger. As a result of the merger, the additional shares are now
Asian Hydropower Limited issued 697,200 units of shares worth Rs. 6.97 crores to the general public as a part of their Initial Public Offering (IPO) from 27th Magh till 3rd Falgun, 2079. Out of the total 840,000 units; 10% i.e. 84,000 units have already been issued and allotted to Nepalese citizens working abroad, whereas 2%
The NEPSE index closed at 2,070.41 today after losing 21.15 points from the last trading day’s closing. This is a loss of 1.01%. The index lost 13.90 points yesterday. Today the index opened at 2,090.49 and made an intraday high of 2,099.43. It went as low as 2,066.78 and ultimately closed at 2,070.41.
138,125 additional shares of Unique Nepal Laghubitta Bittiya Sanstha Limited (UNLB) have been listed in NEPSE. Ghodighoda Laghubitta (GGBSL) and Unique Nepal Laghubitta signed the merger agreement with each other on Kartik 21, 2077 and endorsed a 1: 0.5 share swap ratio for the merger. Thus, the additional shares after the merger are now listed
The NEPSE index closed at 2,105.46 today after losing 16.40 points from the last trading day’s closing. This is a loss of 0.77%. The index lost 60.88 points on Sunday. Today the index opened at 2,122.41 and made an intraday high of 2,122.56. It went as low as 2,100.57 and ultimately closed at 2,105.46.
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