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Ghorahi Cement Industry Limited Concludes IPO for Nepalese Citizens Working Abroad and Extends Deadline for Project-Affected Locals 7
IPO | FPO

Ghorahi Cement Industry Limited Concludes IPO for Nepalese Citizens Working Abroad and Extends Deadline for Project-Affected Locals

Ghorahi Cement Industry Limited has announced the closure of its Initial Public Offering (IPO) for Nepalese citizens working abroad starting from 2nd Jestha, 2080. The company has also extended the IPO deadline for project-affected locals until 17th Jestha. The IPO had initially opened on 19th Baisakh, 2080. With an issued capital of Rs. 3.97 Arba,

Prabhu Capital Limited and Century Capital Markets Join Forces for an Epic Financial Venture 13
Business | Market | Economy

Prabhu Capital Limited and Century Capital Markets Join Forces for an Epic Financial Venture

Prabhu Capital Limited and Century Capital Markets have officially commenced their joint operation on Jestha 01, 2080, following a successful acquisition. The acquisition was approved by the Office of the Registrar and regulatory bodies, as confirmed through a letter issued on Baisakh 26, 2080. The two companies will now conduct their business together under the

Balephi Hydropower's Challenging Q3: Net Losses, Administrative Expenses Surge, and Strategies for Financial Recovery 17
Business | Market | Economy

Balephi Hydropower’s Challenging Q3: Net Losses, Administrative Expenses Surge, and Strategies for Financial Recovery

Balephi Hydropower Limited (BHL) has released its third-quarter report for the current fiscal year, revealing a significant net loss of Rs. 23.72 crores. In comparison, during the third quarter of the previous fiscal year 2078/79, the company had reported a net loss of Rs. 6.06 lakhs. During the third quarter of the current fiscal year,

Sagarmatha Lumbini Insurance Company (SALICO) Lists 26,226,382 Shares After Merger of SIC and LGIL 19
NEPSE NEWS, Business | Market | Economy

Sagarmatha Lumbini Insurance Company (SALICO) Lists 26,226,382 Shares After Merger of SIC and LGIL

Sagarmatha Lumbini Insurance Company Limited (SALICO) has listed 26,226,382 shares on the Nepal Stock Exchange (NEPSE) following a successful merger between Lumbini General Insurance Limited (LGIL) and Sagarmatha Insurance Company Limited (SIC). The merger agreement between SIC and LGIL was signed on 30 Ashad, 2079. The swap ratio for the merger was set at 100:80,

AHPC Distributes 8% Bonus Shares and Dividend Worth Rs. 21.11 Crores, Encourages Shareholders to Dematerialize Shares 27
Dividend

AHPC Distributes 8% Bonus Shares and Dividend Worth Rs. 21.11 Crores, Encourages Shareholders to Dematerialize Shares

Arun Valley Hydropower Development Company Limited (AHPC) has recently given out 8% bonus shares to its shareholders. The bonus shares were distributed directly to the DEMAT accounts of the shareholders. AHPC has also encouraged its shareholders to dematerialize their shares. Dematerialization refers to the process of converting physical shares into electronic format. During the 25th

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