Ridi Power Company Limited (RIDI) has announced its plan to hold a Special General Meeting (SGM) on 8th Ashad, 2080. The meeting will take place at the Indreni Complex in Naya Baneshwor, Kathmandu, starting at 11 am. One of the key proposals on the agenda is a rights offering of a 1:0.50 ratio, which means […]
The Board of Directors of Arun Valley Hydropower Development Company Limited (AHPC) recently held a meeting at 3 PM, where they made significant decisions. One of the key resolutions reached during the meeting was to convene a Special General Meeting (SGM) on Ashad 07, 2080. The purpose of the SGM is to discuss and seek
On the 10th of Chaitra 2078, the Nepal Insurance Authority directed that life insurance businesses have a minimum paid-up capital of Rs. 5 Arba. The Insurance Board also encouraged non-life insurance companies to increase their paid-up capital to Rs. 2.5 Arba by the end of Chaitra 2079.
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
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
What is NEPSE Index? Nepal stock exchange at the end of the day publishes the transaction index which is called the NepSe index. In simple language, the base market capitalization is used to calculate the Nepse index. The base market capitalization is February 12, 1994. In this day, share transaction was held for the first
