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Siddhartha Insurance to Issue Bonus and Right Share
Siddhartha Insurance to Issue Bonus and Right Share
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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…

FPO Distribution of NIBL on April 12
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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.…

SEBON Directs to Reimburse Money in 4 Days
SEBON Directs to Reimburse Money in 4 Days
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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…

Dangdi IPO oversubscribed by 40 times
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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…

Civil Bank requests shareholders to open beneficiaries account
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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…

IPO issuance of Dangdi Hydropower
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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…

Kankrebihar Achieves Annual Investment Target
Kankrebihar Achieves Annual Investment Target
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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…

NIDC Bank joins NCHL-IPS system
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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…

Global IME to deposit bonus share in d-mat account
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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.…

Right share issuance of Jhimruk Development Bank Ltd
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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.…

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

Adjusted price of Excel Development Bank Ltd
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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.…

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.…

Allotment of Global IME Samunnat Scheme-1 mutual fund
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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.…