NIC Asia Bank Limited (NICA) has made an important financial announcement by declaring a dividend for its investors. The decision was reached during a meeting of the bank’s board of directors on Thursday, the 28th of Bhadra. The dividend distribution plan is based on the profits generated during the financial year 79/80. Under the proposed […]
Customers can earn a cashback of NPR 100 when they choose to make swift and secure ATM withdrawals or transactions using Point of Sale (POS) terminals. This special offer is available for a limited time. NMB Bank has received the esteemed “Bank of the Year Asia 2021” award from ‘The Banker Magazine’ of The
NIBL Pragati Fund (NIBLPF) has announced a 6.8% cash dividend for its shareholders for the fiscal year 2079/80. This decision was made during the 112th Board of Directors (BOD) meeting held on Shrawan 13th. The dividend amounts to Rs. 5.10 Crores for the recently concluded financial year, and the book closure date for this
Siddhartha Capital Limited has announced the date for the book closure regarding dividends for its mutual funds. The deadline is set for the 13th of Bhadra. Investors who hold units before this date will be eligible to receive the dividend payments. During a Board of Directors meeting on the 32nd of Shrawan, Siddhartha Capital
During the fiscal year 2079/80, Siddhartha Capital Limited has proposed cash dividends for unitholders of Siddhartha Equity Fund (SEF) and Siddhartha Investment Growth Scheme – 2 (SIGS2), amounting to 5% and 6.5% (including tax) respectively. However, no dividend will be distributed to unitholders of Siddhartha Investment Growth Scheme 3 (SIGS3) during the same period.
Sun Nepal Life Insurance Company Limited will release 76,80,000 IPO shares starting August 15, 2023. The offer ends on August 20, but it could continue until September 4 if not fully subscribed. The company’s total capital is Rs. 3.2 billion, with 30% (96,00,000 shares) available for the public, including Nepalese citizens abroad. Additionally, 10%
Synergy Power Development Limited (SPDL) has announced the issuance of its right shares through a public offer letter. The company will be offering existing shareholders the opportunity to apply for additional shares in the ratio of 2:1 (or, 1:0.5). This means for every two shares held, shareholders can apply for one additional share. The application
Laxmi Capital Market Limited has announced that it will distribute dividends to its mutual fund scheme, Laxmi Unnati Kosh (LUK), for the financial year 2079-80. The company’s Board of Directors decided to provide a 9.5 percent cash dividend to the unit holders, which includes taxes.
Upper Tamakoshi Hydropower Limited (UPPER) will be offering 100% right shares to its existing shareholders. The company will issue 105,900,000 units of right shares at a 1:1 ratio. Shareholders who hold shares until Shrawan 25 will be eligible for the rights offering. The company’s paid-up capital, currently at Rs. 10.59 Arba, will double to
Upper Lohore Hydropower Company Limited has announced its plan to issue an Initial Public Offering (IPO) to the general public. The IPO will consist of 19,53,279 unit shares with a face value of Rs 100 each, starting from 18th Shrawan, 2080. The company aims to raise Rs 19.53 crore through this offering. The closing
National Life Insurance Company Limited (NLICL) has listed 37,12,345.50 unit bonus shares on NEPSE. This decision came after the company’s 35th AGM, where a 14.5% dividend for the fiscal year 2078/79 was approved. The dividend includes 8% bonus shares valued at approximately Rs. 37.12 crores and a 6.5% cash dividend (including tax) worth Rs.
Synergy Power Development Company (SPDL) has announced the book closure date for its 50% right shares, which is set for Shrawan 12, 2080. This means that shareholders who held shares before that date will be eligible for the rights offering. The hydropower company plans to issue 50% right shares valued at Rs. 40.32 Crores. This
Upper Lohore Hydropower Company Limited has provided updates regarding its initial public offering (IPO) of shares. The IPO is now closed to Nepalese citizens working abroad as of the 21st of Ashad, 2080. However, the deadline for project-affected locals in the Dailekh District has been extended until the 5th of Shrawan. The IPO process started
Citizen Investment Trust (CIT) has announced that today is the final day for shareholders to claim the proposed dividend. The company has scheduled its 28th Annual General Meeting (AGM) for the 31st of Ashad, 2080. The meeting will take place at the company’s head office in New Baneshwor, Kathmandu, commencing at 3 pm. Among the
Upper Syange Hydropower Limited has released its offer letter, signaling its intention to issue an Initial Public Offering (IPO) to the general public. The company plans to issue 539,500 unit shares with a face value of Rs. 100 each, starting from the 10th of Ashad, 2080. The goal is to raise Rs. 5.39 crore through
