The price of the US dollar has set a new record today (Shrawan 10th) on Thursday as well. The price of the dollar broke the record set yesterday (Shrawan 9) and set a new record again today. The selling rate, which was Rs 134.21 paise per dollar on Wednesday, increased by 5 paise to Rs…
The number of Demat account holders in Nepal has reached 62 lakh. With the dematerialization of shares and computer based trading, the interest of the public towards stock trading has surged. The number of people opening Demat accounts has been increasing as the public’s interest in the stock market and the IPOs is increasing. As…
Life Insurance Corporation (Nepal) Limited is going to conduct its 22nd Annual General Meeting (AGM) on Ashad 13, 2081 BS [June 27, 2024]. The meeting will take place after 11:45 AM at Nepal Administrative Training Academy, Jawlakhel, Lalitpur. The chairman of the board will present the financial report of fiscal year 2079/80. The meeting will…
Himalayan Laghubitta Bittiya Sanstha Limited (HLBSL) has appointed Himalayan Capital Limited as the Registrar To Share (RTS) to be effective from Shrawan 1, 2081 BS. Himalayan Capital Limited will now keep records of Himalayan Laghubitta related to securities trading, registration of shares, transfer of name, and others. Himalayan Capital Limited, a subsidiary company of Himalayan…
Nepal Stock Exchange has listed the shares of two companies. As per the information, 29,52,040.5 units bonus shares of Mountain Energy Nepal Limited (MEN) has been listed in NEPSE. MEN had distributed a 15 percent bonus share to the shareholders from fiscal year 2079/80. Likewise, Nepse has listed 8,13,154.664 units bonus share of National Laghubitta…
Excel Development Bank (EDBL) has made an announcement about the dividend to the shareholders. The dividend decision is from the fiscal year 2079/80. The bank has decided not to distribute any dividend to the shareholders from the accumulated profit of the previous fiscal year. As of Ashad’s end 2080 BS, Excel Development Bank has a…
Panchthar Power Company Limited (PPCL) is going to organize its 8th Annual General Meeting (AGM) on Jestha 27, 2081 BS. The board meeting of the company held on Jestha 4 has decided to convene the meeting at Hotel Imperial, Battisputali, Kathmandu. The AGM will start after 11 AM. Major Agendas of the AGM are: Discussion…
NIBL Ace Capital Limited has launched a new mutual fund scheme named “NIBL Stable Fund”. The fund manager is currently issuing the 10 crore units of “NIBL Stable Fund” from Magh 2, 2080 BS. At a par value of Rs. 10, the total issue amounts to Rs. 100 crores. If fully subscribed, the scheme offering…
United Ajod Insurance Company Limited (UAIL) has announced dividend to the shareholders. The dividend declaration is from the fiscal year 2079/80. UAIL has proposed a 10.8013 percent dividend. The total dividend includes a 10.2612 percent bonus share and 0.5401 percent cash dividend (for tax purposes). The dividend is subject to approval from Nepal Insurance Authority…
Kathmandu: Nepal Republic Media Limited (NRML) has announced plans to issue an Initial Public Offering (IPO) for its shares to Nepalese citizens working abroad and the general public. The media company will be offering 35,25,930 unit shares with a face value of Rs 100 to the general public from 26th Jestha to 30th Jestha, 2080….