Monday is the last day to apply for the ordinary shares (IPO) opened for sale by Barahi Hydropower Public Limited. Issue and sale was opened from 21st of November. The company had previously issued 250,000 shares to the residents of the project-affected areas. Out of which 146 thousand shares have been distributed. The remaining 1…
Category: Sector
Additional time to fill the IPO of Saypatri Hydropower
The deadline to apply for the IPO of Sayapatri Hydropower Limited has been extended. The company has extended the deadline till July 10 due to non-sale of the first phase. The company has opened sale of 300,000 shares at a face value of Rs 100 to the locals affected by the project since July 15….
Upper Hewakhola Hydropower (UHKHPC) Issuing 15,00,000 Units IPO for General People
Upper Hewakhola Hydropower Company Limited is going to open IPO sale from July 8. The company is going to issue 1.5 million IPOs worth Rs 150 million with a face value of Rs 100 per share to the public. Out of the total shares to be issued, 30,000 shares have been reserved for the employees…
Only 26 percent of Nepalis have access to insurance, Committee lobbying for state and local government’
The Insurance Committee has started cooperation with the local and state governments to increase the access to insurance. Discussions have started saying that access will be expanded if insurance is also integrated in the programs of state and local government. Spokesperson of the committee Nirmal Adhikari informed that discussions have been started with the government…
Construction of Lime-Trishuli Three B Hub Transmission Line and Substation 60 Percent Completed
The construction work of Chilime-Trishuli 220 KV transmission line and substation under construction is 60 percent complete. The construction of transmission line for the flow of electricity in the national grid of the hydropower projects under construction and under construction in Rasuwa and Nuwakot is in full swing. Under the project, Chilime Hub and Trishuli…
Major Highlights: First Quarterly Review of Monetary Policy
Nepal Rastra Bank has made public the first quarterly review of the monetary policy for the Fiscal Year 2078/79. NRB made public the first quarterly review on Friday morning. The provision for share loans has not changed in the first quarterly review. Nepal Rastra Bank (NRB) had introduced a 4/12 share loan structure in the…
General meeting of Laxmi Microfinance on 10 Mangsir , dividend proposal is the main agenda
Laxmi MFI has convened its annual general meeting on November 25. The organization has called a meeting at 11 am at Agrawal Bhawan, Kamalpokhari, Kathmandu to pass 27.36 percent dividend proposal. The meeting will be organized through video conference. A special resolution to distribute dividend to the shareholders will be tabled in the meeting. The…
General meeting of Gurans Life to pass dividend proposal
The annual general meeting of Gurans Life Insurance has been scheduled. The general meeting to be held on 10 December will pass the dividend proposal to be distributed to the shareholders. There is a special proposal to distribute 5.50 percent bonus share and 0.28 percent cash dividend for tax purposes from the profit of the…
Request to dematerialize shares by Ankhu Khola Hydropower
Akhunkhola Hydropower Company Limited has requested the shareholders to dematerialize the shares. The company issued ordinary shares and founder shares to the residents of the project-affected area, Nepal Stock Exchange Ltd. And as the dematerialized transaction has already started after being listed and registered in CDS & Clearing Ltd., the share certificate work being done…
How Did Non-Life Insurance Companies Perform till First Quarter This Fiscal Year? Compare the Key Metrics
Due to the global pandemic, all economic activities were halted across nations. Every business was affected, especially those with a brick-and-mortar business model. However, when we take a careful look at the numbers of non-life insurance, it seems that this sector has been growing at a steady rate. In fact, the non-life insurance industry earned…