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Aatmanirbhar Laghubitta reports a decline in Q3 net profit by 27.64% 1
IPO | FPO

Aatmanirbhar Laghubitta reports a decline in Q3 net profit by 27.64%

Aatmanirbhar Laghubitta Bittiya Sanstha Limited (AATMA) has reported a 27.64% decrease in net profit for Q3 of FY 2079/2080 compared to the same quarter of the previous fiscal year, according to its unaudited financial report. The company’s net profit declined to Rs. 4.46 crores from Rs. 6.1 crores in the corresponding quarter of the previous […]

6.5% Bonus Shares of Guheshowori Merchant Banking Listed in NEPSE 3
NEPSE NEWS

6.5% Bonus Shares of Guheshowori Merchant Banking Listed in NEPSE

Guheshowori Merchant Banking and Finance Limited (GMFIL) has recently listed 6,17,760 unit bonus shares on the Nepal Stock Exchange (NEPSE). The company had held its 21st Annual General Meeting on 27th Magh, where a dividend of 6.84% was approved for the fiscal year 2078/79. The board of directors had decided to distribute the dividend on

SEBON Approves Upper Syange Hydropower IPO Proposal 7
IPO | FPO

SEBON Approves Upper Syange Hydropower IPO Proposal

  The Securities Exchange Board of Nepal (SEBON) has authorized Upper Syange Hydropower Limited’s proposed initial public offering (IPO) on Baisakh 13, 2080. The corporation will now issue 870,000 equity shares at NPR 100 per share. The issuance is worth Rs. 8.7 crore. This is equivalent to 39.55% of the company’s issued capital. The company’s

Nepal Hydro Developer (NHDL) 5% Bonus Shares Listed on NEPSE 13
NEPSE NEWS

Nepal Hydro Developer (NHDL) 5% Bonus Shares Listed on NEPSE

Nepal Hydro Developer Limited (NHDL) has listed 1,59,965 unit bonus shares on the NEPSE. On Poush 29, the business had its 16th AGM for fiscal year 2078/79 and approved a 5.02632% dividend. The board of directors of the firm suggested a 5.02632% dividend from the paid-up capital of Rs. 31,99,30,000 at its meeting on the

PLIC and ULI Promoter Shares Converted; Promoter-Public Shareholding Ratio Changed To 51: 49 19
NEPSE NEWS

PLIC and ULI Promoter Shares Converted; Promoter-Public Shareholding Ratio Changed To 51: 49

  Prime Life Insurance Company Limited (PLIC) unit promoter shares have been converted to ordinary shares, bringing the company’s promoter-to-public share ratio to 51: 49. The company currently has 3,14,09,657 unit shares listed on NEPSE.Similarly, the shareholding structure of 60% promoters and 40% public has been altered to 51% promoter shares and 49% public shares.

'Himalayan Stock Exchange' applied for license of new stock exchange 23
Business | Market | Economy, Himalayan Stock Exchange

‘Himalayan Stock Exchange’ applied for license of new stock exchange

“Himalayan Stock Exchange” has applied for a license to the Nepal Securities Board for a new stock exchange. The application has been filed by Himalayan Stock Exchange, which has been established with the participation of prominent business families in Nepal, including Shankar Group, along with the largest industrial houses in Nepal such as Shekhar Golchha

Goodwill Finance's net profit drops by 86.68%. 25
Business | Market | Economy

Goodwill Finance’s net profit drops by 86.68%.

In the third quarter ending Chaitra 2079 (FY79/80), Goodwill Finance Limited’s net profit plummeted by 86.68 percent to Rs 1.99 crore, compared to Rs 15 crore the previous year. The decrease in Net Profit is attributable to a variance in other operating income, which has decreased by 46.29% due to an increase in Impairment charges

Nepal Investment Mega Bank Earns Rs 3.04 Arba in Net Profit in Q3 27
Business | Market | Economy

Nepal Investment Mega Bank Earns Rs 3.04 Arba in Net Profit in Q3

  Nepal Investment Mega Bank Limited (NIMB) has released its third-quarter report for fiscal year 2079/80, which shows a 22.96% increase in net profit. In the third quarter of fiscal year 2079/80, the bank’s profit grew to Rs 3.046 arba. Following the merger, the bank has a total paid-up capital of Rs. 34.12 Arba, reserves of Rs. 23.89 Arba, retained earnings of Rs 1.27 Arba, and a share premium of Rs 20.78 Crore.  

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