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Menchhiyam Hydropower IPO closes today for Nepalese working abroad. 1
IPO | FPO

Menchhiyam Hydropower IPO closes today for Nepalese working abroad.

Menchhiyam Hydropower Limited has closed the issue of its initial public offering (IPO) to Nepalese citizens working abroad as of today, the 25th of Falgun, and has extended the IPO issue deadline for project-affected locals until the 9th of Chaitra, 2079. The problem had begun on the 10th of Falgun, 2079. The company’s issued capital […]

NEPSE now lists bonus shares of ICFC, AKBSL, and FMDBL. 5
NEPSE NEWS

NEPSE now lists bonus shares of ICFC, AKBSL, and FMDBL.

NEPSE has listed 5,63,558 unit bonus shares of ICFC Finance Ltd (ICFC). On Poush 29, 2079, the firm had its 19th AGM for the fiscal year 2078/79. The board of directors approved a 10% dividend for fiscal year 2078/79. On Mangsir 14, the board of directors resolved to issue the dividend on the paid-up capital

Prabhu Smart Fund Offers 255% Dividend Yield in 10 Years 7
Dividend

Prabhu Smart Fund Offers 255% Dividend Yield in 10 Years

The second plan of the Prabhu Capital Collective Investment Fund is now available for issue and sale as of 18 Falgun 2079. This fund issued 8 crore units worth Rs 80 crore at a fixed price of Rs 10 per unit. Prabhu Bank Ltd is the fund promoter of this plan, while Prabhu Capital Limited

The NEPSE Index falls by double digits to finish at 1,995.49. 15
NEPSE NEWS

The NEPSE Index falls by double digits to finish at 1,995.49.

The NEPSE index closed at 1,995.49 today, down 24.44 points from the previous trading day’s close. This is a loss of 1.21%. Yesterday, the index fell 3.81 points. The index opened today at 2,020.72 and reached an intraday high of 2,024.70. While it dropped as low as 1,994.46, it eventually closed at 1,995.49.  

JBLB proposes a 37.368% dividend for fiscal year 2078/79. 19
Dividend

JBLB proposes a 37.368% dividend for fiscal year 2078/79.

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.

NEPSE drops another 23.60 points to 2,046.81. 21
NEPSE NEWS

NEPSE drops another 23.60 points to 2,046.81.

  The NEPSE index closed today at 2,046.81, a decrease of 23.60 points from the previous trading day’s close. This represents a 1.14% decrease. The following are the results of the survey. Today, the index opened at 2,069.67 and reached an intraday high of 2,069.78. It fell as low as 2,040.18 before

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