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Kantipur Television Network will hold its annual general meeting on Chaitra 17 and will issue public shares at a premium price.

Mero Share / March 17, 2023

Kantipur Television (KTV) is a private television station based in Kathmandu, Nepal. Kailash Sirohiya is the chairman and managing director. KTV, which debuted in July 2002, is licensed for both terrestrial and satellite transmission. Tinkune is the headquarters of Kantipur Television. On the 17th Chaitra, 2079, Kantipur Television Network Limited will hold its Special General […]

Business | Market | Economy

Manushi Laghubitta (MLBS) and Shrijanshil Laghubitta (SHLB) Sign Merger Agreement at 1:1 Swap Ratio

Mero Share / March 17, 2023

Following the merger, the institution’s name was changed to Manushi Shrijanshil Laghubitta Bittiya Sanstha Limited. Similarly, for the merger, an equal share swap ratio, i.e. a 1:1 swap ratio, has been finalized. For the merger process, a joint merger committee will be formed with 3/3 representatives from both organizations. The goal is to complete the

IPO | FPO

The IPO of BPW Laghubitta Bittiya Sanstha has concluded; 8,095 applicants out of 14,58,278 receive 10 units.

Mero Share / March 17, 2023

As part of its Initial Public Offering (IPO), BPW Laghubitta Bittiya Sanstha Limited issued 80,950 units worth Rs 80.95 lakhs to the general public (Falgun 18- 23, 2079). Out of the total 97,000 units, 10%, or 9,700 units, were set aside for Nepalese citizens working abroad, 1.50%, or 1,500 units, were set aside for company

Business | Market | Economy

9% of the promoter shares of Prime Life Insurance Company are converted into public shares.

Mero Share / March 16, 2023

Prime Life Insurance Company Limited (PLIC) has announced a change in its promoter to public shareholding ratio. On the 24th Poush, 2079, the company held its 15th AGM. The AGM approved the board’s proposal to change the promoter/public share ratio of the company from 60:40 to 51:49. The company has now informed that if

IPO | FPO

The BPW Laghubitta IPO will be completed on Friday; 8,095 applicants will receive 10 units each.

Mero Share / March 16, 2023

BPW Laghubitta Bittiya Sanstha Limited’s initial public offering (IPO) will take place this Friday, 3rd Chaitra, 2079. The allotment program will begin at 11 a.m. on the premises of the issue manager, Mega Capital Markets, in Kamalpokhari. From the 18th to the 23rd Falgun, the company issued 80,950 units of Rs 100 face value shares

Business | Market | Economy, NEPSE NEWS

Gurans Laghubitta and Prime Commercial Bank Bonus Shares Are Finally Listed on the NEPSE

Mero Share / March 16, 2023

Gurans Laghubitta Bittiya Sanstha Limited (GLBSL) has listed 39,000 Units Bonus Shares on NEPSE. The board of directors decided to distribute the dividend from the paid-up capital of Rs. 9.75 crores at its 117th meeting on Mangsir 27. The company proposed and distributed a 4% bonus share and a 0.210526% cash dividend. As a

Business | Market | Economy

Multipurpose Finance (MPFL) seeks approval from SEBON to issue 35% right shares.

Mero Share / March 16, 2023

Multipurpose Finance Company Limited handled the process of issuing rights shares (MPFL). In an application filed on February 29, the company requested approval from the Securities and Exchange Commission (SEBON) to issue rights shares. If SEBON grants permission for the said right shares, MPFL will distribute 35 percent of the paid-up capital, or 1:0.35, to

Dividend

Asian Life Insurance Company proposes a dividend of 8.947% for fiscal year 2078/79.

Mero Share / March 15, 2023

For the fiscal year 2078/79, Asian Life Insurance Company Limited (ALICL) has proposed a dividend of 8.947% worth Rs. 26.01 Crores. The board of directors decided today (Falgun 30) to distribute 8.50% bonus shares and a 0.447% cash dividend (for tax purposes). The value of the bonus shares is Rs. 24.71 crores, and the

IPO | FPO

SEBON finally approves Rawa Energy Development’s IPO proposal.

Mero Share / March 15, 2023

The Securities Exchange Board of Nepal (SEBON) has approved Rawa Energy Development Limited’s proposed initial public offering (IPO) on Falgun 25. The company will now issue 840,000 equity shares at NPR 100 per share. The issue is worth Rs. 8.4 crore. This is equivalent to 30% of the company’s issued capital. The company’s total

NEPSE NEWS

Market Roundup: NEPSE Maintains Falling Trend, Dropping 14.44 Points to Limit Intraday Turnover to Rs 1.202 Arba

Mero Share / March 15, 2023

The NEPSE index closed at 1,938.62 today, down 14.44 points from the previous trading day’s close. This represents a 0.74% decrease. Yesterday, the index rose 1.85 points. The index opened today at 1,953.96 and reached an intraday high of 1,956.37. In contrast, it dropped as low as 1,926.57 before closing at 1,938.62.

IPO | FPO

The IPO of IME Life Insurance Company has been added to the SEBON pipeline.

Mero Share / March 15, 2023

The IME Life Insurance Company Limited Initial Public Offering (IPO) has been added to SEBON’s IPO pipeline for approval. The company intends to sell 12 million unit shares to the general public for Rs. 276 each (Rs 100 face value + Rs 176 premium price). The company will raise a total of Rs. 3.312

NEPSE NEWS

NEPSE Releases Virtual Trading Platform Demo Version

Mero Share / March 15, 2023

Nepal Stock Exchange Limited (NEPSE) has made a test version of a virtual trade management system (simulator) available in order to introduce prospective investors to the technology. The main concern is, “How does NEPSE’s online method work?” This method was implemented with the goal of educating people and providing useful information.

Business | Market | Economy

The deadline for the auction of 296,000 Kumari Bank promoter shares has been extended to Chaitra 06

Mero Share / March 13, 2023

The deadline for the sale of 2,96,000 units of promoter share has been extended till Chaitra 6, 2079, according to Kumari Bank Limited (KBL). KBL’s existing promoters have started auctioning off their 2,96,000 unit promoter stake. The auction began on the 16th of Falgun and was scheduled to end tomorrow, on the 30th of Falgun,

NEPSE NEWS

Chilime Hydropower Company’s 7.5% bonus shares are now listed on the NEPSE.

Mero Share / March 13, 2023

Chilime Hydro Power Company Limited (CHCL) has launched 50,63,846.01 Units Bonus Shares on NEPSE. The board of directors suggested a 15% dividend for fiscal year 2078/79 during its 410th meeting on Mangsir 20. 7.5% bonus shares and 7.5% cash dividends of Rs. 50.63 crores each were proposed and delivered to shareholders. The current paid-up capital

NEPSE NEWS

4,357,185 Hydroelectricity Investment Unit Right Shares

Mero Share / March 12, 2023

Hydroelectricity Investment & Development Company Limited (HIDCL) has listed 43,57,185 units right shares on NEPSE. From the 22nd Magh to the 8th Falgun, 2079, HIDCL auctioned off 2,21,97,325 units of promoter share. Individuals, institutions, and businesses could all bid in the auction. However, only 141 bidders submitted bids for 43,57,185 unit shares. The cut-off