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Siddhartha Insurance to Issue Bonus and Right Share

Siddhartha Insurance to Issue Bonus and Right Share
Published on: 2016-04-14         1266 views

April 14: 14th AGM of Siddhartha Insurance has endorsed proposal of 25 percent bonus share and 25 percent right shares on the total paid up capital prior after bonus share distribution on. . . Read More »


FPO Distribution of NIBL on April 12

Published on: 2016-04-10         1701 views

April 10: Distribution of Further Public Offering (FPO) of Nepal Investment Bank Limited (NIBL) will take place on April 12. According to the Citizen Investment Trust (CIT), issue manager of the NIBL FPO, a model has been prepared to allocate 32 percent shares to small investors and 8.5 percent shares to big investors.. . . Read More »


SEBON Directs to Reimburse Money in 4 Days

SEBON Directs to Reimburse Money in 4 Days
Published on: 2016-04-07         1235 views

April 7: SEBON has directed all brokers and share traders to implement automated system in payment of trading money. Earlier, SEBON had directed all concerned parties to settle the trading money within four days of the. . . Read More »


Dangdi IPO oversubscribed by 40 times

Published on: 2016-04-06         1250 views

April 6: IPO issued by Dangdi group power limited has been oversubscribed by 39.94 times. Company has received Rs 3 billion 890 million worth of share application till Tuesday. Similarly, within two days of IPO issuance, it received 1 billion 780 million (20 times more) worth of share. . . Read More »


Civil Bank requests shareholders to open beneficiaries account

Published on: 2016-04-04         1013 views

April 4: Civil Bank is distributing 6.75 percent bonus share and 0.355 percent cash dividend endorsed by the AGM. Company has requested shareholders to open beneficiaries to deposit their. . . Read More »


IPO issuance of Dangdi Hydropower

Published on: 2016-04-04         1157 views

April 4: Dangdi Group Power Ltd has floated initial public offering (IPO) of 973 thousands 737 units equity shares in the market from Sunday. Company has allocated 19,474 units of shares for employees, 48,646 units for mutual investment funds and remaining 905,577 units of shares for general public among the offered. . . Read More »


Kankrebihar Achieves Annual Investment Target

Kankrebihar Achieves Annual Investment Target
Published on: 2016-04-03         1058 views

April 3: Kankrebihar Development Bank has achieved annual investment target for the fiscal year 2072/73 in 3rd quarter. The bank made public the information at its 7th AGM held in Surkhet, Birendranagar on. . . Read More »


NIDC Bank joins NCHL-IPS system

Published on: 2016-04-01         1423 views

April 1 : NIDC Development Bank has signed the Interbank Payment System (NCHL-IPS) with Nepal Clearing House Limited (NCHL). As per the agreement, NCHL will provide NCHL-IPS service for electronic payment system to NIDC. Neelesh Man Singh Pradhan, CEO of NCHL and Shivjee Roy Yadav, CEO of NIDC signed the agreement to this effect on March. . . Read More »


Global IME to deposit bonus share in d-mat account

Published on: 2016-03-30         1427 views

March 30: Global IME Bank Ltd to deposit 23 percent bonus share of FY 2071/72 in d-mat account of respective shareholders. Bank has requested to submit original voucher of capital gain tax on bonus share.. . . Read More »


Right share issuance of Jhimruk Development Bank Ltd

Published on: 2016-03-30         1045 views

March 30: Jhimruk Development Bank is floating 48,500 units of right shares in proportion to 10:1 from Chaitra 17- Baishak 21to its existing shareholders.. . . Read More »


Bonus share and FPO of Nepal Life Insurance Co. Ltd.

Published on: 2016-03-30         1816 views

March 30: BOD meeting of Nepal Life Insurance Co. Ltd held on Chaitra16 has decided to propose 25 percent bonus share and 1.3158 percent cash dividend for tax purpose to its shareholders.. . . Read More »


Rights shares and SGM of Guheshwori Merchant Banking and Finance Ltd.

Published on: 2016-03-30         1025 views

March 30: BOD meeting of Guheshwori Merchant Banking and Finance Ltd held on Chaitra 16 has proposed issuance of 50 percent rights shares to its. . . Read More »


Adjusted price of Excel Development Bank Ltd

Published on: 2016-03-29         1056 views

March 29: NEPSE has adjusted 26 percent bonus share of Excel Development Bank Ltd (EDBL). The adjusted price for EDBL is Rs.559 for 26% of bonus share. The average base price of the bank is Rs.. . . Read More »


Adjusted price of Janautthan Samudayic Laghubitta Bikas Bank Ltd

Published on: 2016-03-29         1711 views

March 29: NEPSE has adjusted 15 percent bonus share of Janautthan Samudayic Laghubitta Bikas Bank Ltd (JSLBB). The adjusted price for JSLBB is Rs.518 for 15% of bonus share. The average base price of the bank is Rs.. . . Read More »


Allotment of Global IME Samunnat Scheme-1 mutual fund

Published on: 2016-03-29         1812 views

March 29: Global IME Capital Limited has allotted its 80 million Global IME Samunnat Scheme-1 mutual fund units at Rs 10 per unit, worth Rs 800 million. The scheme has allotted 100 percent allotment to small investors applying for 100-5000 units while big investors applying above 5000 units will be allotted 47.47 percent of applied units.. . . Read More »


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The 'India pothole' and Nepal
The photo of a pothole on a Lalitpur road that looked like the map of India went viral on social media a few weeks back. Then someone added to that photo something resembling the map of Sri Lanka below the ‘India . . . read more »