Mithila Laghubitta Bittiya Sanstha book closure for right share issue on 1 Magh
Book closure for Mithila Laghubitta Bittiya Sanstha's 50% right share issue opens today and closes on 1 Magh 2075; 3,29,890 units at Rs 100 each are available. Additionally, a 10.45% bonus share dividend will be allocated for FY 2074/75, increasing the paid‑up capital to Rs 10.59 crore.
Ngadi Group Power receives CARE‑NP IPO Grade 3 for right share issue
Care Ratings Nepal has assigned CARE‑NP IPO Grade 3 to Ngadi Group Power Limited’s proposed right share issue of 1,606,664 units at Rs.100 each (Rs.160.6664 M). The grade indicates average fundamentals for the Rs.160.6664 M equity offering.
NRB has disapproved CBBL's proposed 40% dividend for FY 2074/75, requiring a fund transfer to the bank; the company will reapply for dividend approval shortly.
·Announced · Right share·105%
Everest Insurance last day to apply for 105% right shares
Today is the last day to apply for Everest Insurance's 105% right shares. The paid-up capital will rise from Rs13.36 crore to Rs27.39 crore after the issuance.
Sana Kisan Laghubitta to hold 17th AGM on Magh 18, 2075
Shareholders holding Sana Kisan Laghubitta Bittiya Sanstha Limited shares as of Magh 02, 2075 will receive a 26.317% dividend. The 17th AGM is scheduled for Magh 18, 2075 at 11 PM, where a 25% bonus share worth Rs 15.72 crore will be endorsed.
City Express Finance to auction unsold right shares
Auction for 7,36,084 unit unsold right shares of City Express Finance opens on Poush 29, 2075 and closes on Magh 06, 2075. Bids must be at least Rs 100 per unit, with a minimum of 1,000 promoter shares and 100 ordinary shares, and the full bid amount must be deposited in account no. 010000063202524 at Bank of Kathmandu in the name of Kathmandu Capital Market Limited.
·Announced · Cash dividend·6%
Bhargav Bikas Bank proposes 6% cash dividend
Bhargav Bikas Bank has proposed a 6% cash dividend worth Rs 3 crore for FY 2074/75, but the decision is pending approval from Nepal Rastra Bank and the bank’s AGM.
·Announced · Cash dividend·25%
Bank of Kathmandu to hold 24th AGM on Magh 17
Shareholders who hold Bank of Kathmandu shares through Poush 29 can claim a 25% dividend before the book closes on Magh 17. The bank's 24th AGM will be held on Magh 17, 2075, where a 14% bonus share issue and an 11% cash dividend will be endorsed.