Miteri Development Bank Limited (MDB) has recently listed 11,15,733.6648 unit bonus shares on the Nepal Stock Exchange (NEPSE). This listing comes after the company’s 17th Annual General Meeting held on 27th Poush, where the shareholders approved a 13% dividend for the fiscal year 2078/79. During the 224th board of directors meeting on Mangsir 19, 2079, […]
Prime Commercial Bank Limited (PCBL) has announced the commencement of an auction where the existing promoters of the bank will be selling 351,817 units of promoter shares to the general public. The auction will take place from 3rd Jestha to 17th Jestha, 2080. The auction is open to individual investors, companies, and institutions who are
Prabhu Life Insurance Limited (PLI) has made changes to its dividend proposal for the fiscal year 2077/78. Initially, they had planned to distribute a dividend of 10.526%, consisting of 10% bonus shares and 0.526% cash dividend from their paid-up capital of Rs. 2 Arba. However, the Nepal Insurance Authority required the company to revise its
Promoters of NIC Asia Bank Limited (NICA) have initiated an auction to sell 345,680 units of their promoter shares to the general public. The auction period will run from the 2nd of Jestha to the 9th of Jestha, 2080. The auction is open to individual investors, companies, and institutions, with a minimum bid rate of
The NEPSE has listed a total of 26,37,583.15 unit bonus shares of Agricultural Development Bank Limited (ADBL), signaling a significant development for the bank. This comes after the bank’s 16th Annual General Meeting (AGM) held on 14th Chaitra, where a 13% dividend for the fiscal year 2078/79 was endorsed. The Board of Directors (BoD) meeting
Citizen Investment Trust (CIT) has put forward a proposal to distribute a 26.3158% dividend for the fiscal year 2078/79. The decision was made during a board of directors meeting held on Baisakh 29. The proposed dividend consists of a 25% bonus shares allocation and a 1.3158% cash dividend (for tax purposes). The current paid-up capital
Asha Laghubitta Bittiya Sanstha Limited (ALBSL) Lists 4,77,020 Bonus Shares on NEPSE at an LTP of Rs. 670 Following the convening of its 6th Annual General Meeting on 11th Chaitra, Asha Laghubitta Bittiya Sanstha Limited (ALBSL) has listed 4,77,020 unit bonus shares on the Nepal Stock Exchange (NEPSE). The AGM had approved a 15% dividend
Himal Dolakha Hydropower Company Limited (HDHPC) is currently offering 12,000,000 unit right shares at a par value of Rs. 100. The rights issue has been approved by the Securities Exchange Board of Nepal (SEBON) and is being managed by Laxmi Capital Markets Limited. The current paid-up capital of the company is Rs. 1.60 Arba, and
Prabhu Life Insurance Limited (PLI) has proposed a dividend of 10.526% for the fiscal year 2077/78. This is the first dividend the company has proposed since being listed on the Nepal Stock Exchange (NEPSE). The company’s board of directors, at its 140th meeting held on Baisakh 25, has decided to distribute a dividend consisting of
Nepal Investment Mega Bank has decided to issue debentures worth Rs. 4 arba, and they have chosen Prabhu Capital as the issue manager for this process. The debentures will be offered to the general public as well as institutional investors. The duration of the debenture is for ten years and it will provide a 10%
Rastra Utthan Laghubitta Bittiya Sanstha Limited (RULB) has proposed a 15% dividend worth Rs. 3.9 Crores for the fiscal year 2078/79. This marks the company’s first dividend after being listed in NEPSE. The board of directors decided in its 86th meeting on Baisakh 13 to distribute 14.25% bonus shares and 0.75% cash dividend (including the
Guheshowori Merchant Banking and Finance Limited (GMFIL) has recently listed 6,17,760 unit bonus shares on the Nepal Stock Exchange (NEPSE). The company had held its 21st Annual General Meeting on 27th Magh, where a dividend of 6.84% was approved for the fiscal year 2078/79. The board of directors had decided to distribute the dividend on
NEPSE has listed 59,68,135.55 unit bonus shares of Garima Bikas Bank Limited (GBBL). On Poush 22, the bank had its 16th AGM and approved a 14.5% dividend of Rs. 66.56 crores for fiscal year 2078/79. On Kartik 24, 2079, the board of directors voted to pay a 14.5% dividend on the paid-up capital of Rs.
Prime Life Insurance Company Limited (PLIC) unit promoter shares have been converted to ordinary shares, bringing the company’s promoter-to-public share ratio to 51: 49. The company currently has 3,14,09,657 unit shares listed on NEPSE.Similarly, the shareholding structure of 60% promoters and 40% public has been altered to 51% promoter shares and 49% public shares.
The Electricity Regulatory Commission (ERC) has approved Ridi Power Company (RIDI) to issue a 1: 0.50 right offering. The board of directors suggested on the 4th of Magh, 2079, to issue 50% right shares on the paid-up capital after adjusting 40% bonus shares for the fiscal year 2078/79, i.e. Rs. 1,54,89,01,200. The company’s paid-up
