Kathmandu: Lumbini General Insurance Company Limited (LGIL) has announced the dividend to be distributed to the shareholders from the profit of the last financial year. Insurance has announced that it will distribute bonus shares at the rate of 7% of the current paid-up capital of Rs. 1,310,27,84,550 and cash dividends at the rate of 0.35%…
Kathmandu: The shares of Elon Musk’s automobile company Tesla, which is the richest country in the world, have fallen to the lowest level in two years. On Tuesday, Tesla shares fell $14.05, or 11.41 percent, to $109.10. As the stock fell, Musk’s net worth also fell by $8.9 billion to $137.6 billion. Indian businessman Gautam…
Kathmandu: Union Life Insurance (ULI) has announced the dividend to be distributed to the shareholders out of the profit of the financial year 2077/78. Insurance has announced to distribute bonus shares at the rate of 8.35% of the current paid-up capital and 0.4553% cash dividend for tax purposes. The meeting of the board of directors…
Kathmandu: Ghalemdi Hydro Limited (GHL) is going to issue 200 percent rights shares. The company is going to issue right shares in the ratio of 1 equal to 2 to invest in the Chhujung Khola Hydropower project in Sankhuwasabha promoted by Sangrila Energy Pvt. The meeting of the Board of Directors held on Poush 8…
Kathmandu: Muktinath Bikas Bank (MNBBL) has announced bonus shares to be distributed to the shareholders from the profit of the last financial year. The bank has announced to distribute bonus shares of 13.5% of the current paid-up capital. Apart from this, the bank will also distribute 0.7105% cash dividend for tax purposes. The meeting of…
Kathmandu: The IPO of Barahi Hydropower Company Limited has been concluded. The IPO was distributed at the office of NIBL Ace Capital Limited. In the shares of the company, 11,91,284 valid applicants have applied for 13,078,100 units shares. As there are more applications than the demand for the company’s shares, the shares have been distributed…
Kathmandu: Arun Valley Hydropower Development Company Limited (AHPC) has announced the dividend to be distributed to its shareholders from the profits and reserves of the last financial year. The company has announced to distribute 8 percent bonus shares and 0.421 percent cash dividend for tax purposes of the fixed paid-up capital till the last financial…
Kathmandu: Himalayan Distillery (HDL) is going to distribute 70 percent dividend to the shareholders from the earnings of the last financial year. The meeting of the board of directors of the company held on Friday has proposed to distribute 70 percent of the total dividend with 60 percent bonus shares and 10 percent cash including…
Kathmandu: The share swap ratio (share exchange ratio) of Global IME Bank and Bank of Kathmandu, which is in the process of merger, will remain the same. The meeting of the Board of Directors of Bank of Kathmandu (BOK) has decided to make the swap ratio 1:1. This means that it has been decided that…
Kathmandu: Garima Bikas Bank Limited (GBBL) has announced the dividend to be distributed to the shareholders from the profit of the last financial year. The bank has announced to distribute 14.5 percent dividend to the shareholders from the accumulated profit and share premium of the last financial year. Out of which 13 percent is bonus…