oil

Janautthan Samudayic Laghubitta Shareholders to Receive No Dividends for FY 2079/80 1
Business | Market | Economy, Dividend

Janautthan Samudayic Laghubitta Shareholders to Receive No Dividends for FY 2079/80

  Janautthan Samudayic Laghubitta Bittiya Sanstha Limited (JSLBB) has declared that it won’t be distributing dividends for the Fiscal Year 2079/80. The decision was made during the 216th Board Meeting held on Falgun 12, 2080. However, it’s crucial to mention that this decision is subject to approval from Nepal Rastra Bank, the regulatory authority, and […]

Promoters Auction Shares: Prabhu Bank (PRVU) and Kumari Bank (KBL) Initiatives for Existing Shareholders 5
Business | Market | Economy

Promoters Auction Shares: Prabhu Bank (PRVU) and Kumari Bank (KBL) Initiatives for Existing Shareholders

The current promoters of Prabhu Bank Limited (PRVU) have initiated the auctioning of 7,53,892 unit shares exclusively to its existing promoter shareholders, starting today. Eligible shareholders are invited to participate in the bidding process within 35 days from the publication date of this notice, which is the 11th of Falgun. Bids should be submitted at

SuryaJyoti Life Insurance Company Holds Dividend for FY 2079/80 and Unveils Merger Details 9
Dividend

SuryaJyoti Life Insurance Company Holds Dividend for FY 2079/80 and Unveils Merger Details

SuryaJyoti Life Insurance Company Limited (SJLIC) recently announced its decision to refrain from distributing dividends for the Fiscal Year 2079/80. This resolution emerged from discussions during the Board of Directors’ meeting held on Falgun 10, 2080, where comprehensive financial details of the fiscal year were deliberated. A notable development mentioned in the announcement is the

Ghalemdi Hydro's 200% Rights & Miteri Bank's 9.50% Bonus Shares Listed on NEPSE 15
Business | Market | Economy, NEPSE NEWS

Ghalemdi Hydro’s 200% Rights & Miteri Bank’s 9.50% Bonus Shares Listed on NEPSE

  NEPSE has listed 1,10,00,000 units of right shares for Ghalemdi Hydro Limited (GHL). Previously, GHL issued a 1:2 ratio right share, totaling the same number of units, from 10th Mangsir to 16th Poush, 2080. However, only 77,82,276 units were taken up by eligible shareholders, leaving 32,17,724 units unsubscribed. These remaining shares were auctioned off

Gold Dips Rs. 400/Tola; Silver Falls Rs. 15 17
Gold | Silver | Forex

Gold Dips Rs. 400/Tola; Silver Falls Rs. 15

The price of fine gold in Nepal dropped by Rs. 400 per tola, according to the latest update from FENEGOSIDA. Fine gold is now trading at Rs. 1,18,000 per tola, down from yesterday’s closing rate of Rs. 1,18,400 per tola. Similarly, Tejabi gold also saw a decrease of Rs. 400 per tola, with the current

Nepal Stock Exchange Report: Index Dips 0.31%, Himalayan Reinsurance Leads Turnover, Mixed Performances in Sectors 19
NEPSE NEWS

Nepal Stock Exchange Report: Index Dips 0.31%, Himalayan Reinsurance Leads Turnover, Mixed Performances in Sectors

The Nepal Stock Exchange (NEPSE) Index registered a decline of 6.46 points or 0.31% compared to the previous day’s closing, settling at 2,026.59 points, following a loss of 1.76 points in the preceding trading session. As today’s trading commenced, the market opened with the index at 2,034.39 points, achieving an intraday high of 2,044.44 and

Nepal's 7-Month Trade Snapshot: Imports Dip 2.31%, Trade Deficit Narrows 1.77%, Exports Down 7.07% 21
Business | Market | Economy

Nepal’s 7-Month Trade Snapshot: Imports Dip 2.31%, Trade Deficit Narrows 1.77%, Exports Down 7.07%

In the initial seven months of the current fiscal year, spanning from Shrawan to Magh in the Nepali calendar, Nepal’s imports reached Rs. 8.97 Kharba, indicating a slight decrease of 2.31% compared to the corresponding period in the previous year, where imports totaled Rs. 9.19 Kharba. During this period, the trade deficit has also witnessed

Promoter Share Auction: Nepal Reinsurance Company Units on Bid by Leading Companies 25
Business | Market | Economy

Promoter Share Auction: Nepal Reinsurance Company Units on Bid by Leading Companies

IGI Prudential Insurance Limited, Global IME Capital Limited, Hathway Investment Nepal Limited, and IME Limited are conducting auctions for the promoter shares of Nepal Reinsurance Company Limited (NRIC). The total units for auction include 20,00,000 for IGI Prudential Insurance Limited, 1,87,434 for Global IME Capital Limited, 6,50,000 for Hathway Investment Nepal Limited, and 7,50,000 for

NEPSE Witnessed Minimal Loss of 0.08% to Close at 2,033.06 Levels While Turnover Shrinks to Rs. 3.11 Arba 27
NEPSE NEWS

NEPSE Witnessed Minimal Loss of 0.08% to Close at 2,033.06 Levels While Turnover Shrinks to Rs. 3.11 Arba

The Nepal Stock Exchange (NEPSE) Index underwent a slight decrease, diminishing by 1.76 points or 0.08% compared to the preceding day’s closing, settling at 2,033.06 points. It is noteworthy that the index had previously suffered a more substantial loss of 27.21 points in the preceding trading session. As today’s trading commenced, the market initiated with

First Microfinance Laghubitta Bittiya Sanstha Limited Initiates Auction of 1,20,000 Promoter Shares Managed by Prabhu Bank Limited 29
Business | Market | Economy

First Microfinance Laghubitta Bittiya Sanstha Limited Initiates Auction of 1,20,000 Promoter Shares Managed by Prabhu Bank Limited

The current promoter of First Microfinance Laghubitta Bittiya Sanstha Limited (FMDBL) has initiated the sale of 1,20,000 units of promoter shares through an auction, which commenced on 7th Falgun and will continue until 11th Chaitra, 2080. The auction involves the sale of the entire 1,20,000 units of promoter shares, and interested promoter shareholders or institutions

Scroll to Top