Last chance to apply for Shikhar Insurance rights offering
Today is the last day to be eligible to apply for Shikhar Insurance Company Ltd's rights offering; book closure is Magh 21 and shareholders must purchase shares in today's session to qualify. The offering includes 52,75,572 shares, equal to 30% of the existing paid‑up capital, and shareholders with more than 1% of paid‑up capital must deposit the share monetary amount by Falgun 05, 2078.
·Announced · Cash dividend·15.7895%
Siddhartha Insurance proposes 15.7895% dividend for FY 2077/78
Siddhartha Insurance proposes a 15.7895% dividend for FY 2077/78, including 15% bonus shares and 0.7895% cash dividend. Distribution will occur only after Beema Samiti approval and AGM endorsement.
hydroelectricity investment and development company reauctioning 3,30,00,000 promoter right shares
Hydroelectricity Investment and Development Company Limited (HIDCL) is reauctioning 3,30,00,000 promoter right shares at a minimum bid of Rs. 100 per share, with no upper limit on quantity. Investors must place bids before the auction deadline to secure the allotment.
Excel Development Bank distributes right shares to Demat accounts
Excel Development Bank has distributed its 10:3 right shares to dematerialised accounts; shareholders who missed the Ashoj 01, 2078 book‑closure will receive the rights only after completing dematerialisation, and margin‑loan holders must provide a No‑Objection Letter from their lending institution.
Ru Ru Jalbidhyut Pariyojana Limited has completed distribution of its 10% bonus shares to all dematerialized shareholders. Shareholders who have not dematerialized their shares will receive the bonus shares after completing the dematerialization process; margin loan holders must provide the appropriate No Objection Letter or Release Letter.
Life Insurance Corporation Nepal calls 19th AGM to endorse dividend and share conversion
Magh 24 is the book closure date for Life Insurance Corporation Nepal; shareholders recorded by that date are entitled to a 21.052631569% dividend for FY 2076/77 and may attend the AGM on 11th Falgun, which will also discuss a 20% bonus share and the conversion of 10% promoter shares to ordinary shares.
NLG Insurance proposes 10.5263% dividend for FY 2077/78
Distribution will be approved only after endorsement by Beema Samiti and the upcoming AGM. NLG Insurance has proposed a 10.5263% dividend for FY 2077/78, comprising 10% bonus shares and a 0.5263% cash dividend of Rs. 63.47 lakhs.
SDLBSL and Chilime Hydropower distribute bonus shares and cash dividends
Sadhana Laghubitta Bittiya Sanstha Limited (SDLBSL) has deposited a 25% bonus share and a 1.32% cash dividend into holders’ Demat accounts, and Chilime Hydropower Company Limited has credited 7.5% cash dividends to bank accounts, effective from the book‑closure dates of Kartik 03 and Poush 15, 2078.
Shikhar Insurance book closure for rights offering
Shareholders owning more than 1% of Shikhar Insurance’s paid‑up capital must deposit the rights shares’ amount by Falgun 05, 2078. The rights offering book‑closure date is Magh 21, 2078.
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