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Latest NEPSE and Share Market News - Page 11

SEBON Publishes Study on Private Equity and Venture Capital Sector for Public Consultation

The Securities Board of Nepal (SEBON) has published a comprehensive study on the Private Equity and Venture Capital (PEVC) sector to strengthen long-term capital mobilization, promote entrepreneurship, and support sustainable development of Nepal’s capital market.

LPG Gas Exchange Centers Increased to 11 in Kathmandu Valley Ahead of Dashain

The Nepal Oil Corporation and Nepal LP Gas Industry Association have expanded the number of LPG gas exchange centers in Kathmandu Valley from six to 11 to prevent shortages during the Dashain festival.

NIFRA Approves 5.2632% Cash Dividend at 8th AGM

Nepal Infrastructure Bank Limited (NIFRA) has approved a 5.2632% cash dividend for shareholders at its 8th Annual General Meeting (AGM) held in Battisputali, Kathmandu.

Supermai Hydropower Gets Preliminary Approval for Rights Issue

Supermai Hydropower Limited (SMH) has received preliminary approval from the Electricity Regulatory Commission to issue rights shares to repay its loan from Nabil Bank, subject to further approval from the Securities Board of Nepal (SEBON).

Supermai Hydropower Gets Preliminary Approval for Rights Issue

Supermai Hydropower Limited (SMH) has received preliminary approval from the Electricity Regulatory Commission to issue rights shares to repay its loan from Nabil Bank, subject to further approval from the Securities Board of Nepal (SEBON).

Gold and Silver Prices Decline in Nepalese Market

Gold and silver prices fell in the Nepalese market on Monday, Ashoj 26, with gold dropping by Rs. 2,100 per tola and silver declining by Rs. 25 per tola, according to the Federation of Nepal Gold and Silver Dealers' Association.

ICFC Finance Appoints Amit Shrestha as Acting CEO

ICFC Finance Limited has appointed Deputy Chief Executive Officer Amit Shrestha as its Acting Chief Executive Officer, effective from Ashwin 25, 2083 BS, following the completion of Sunil Pant’s tenure.

Nepal Rastra Bank Announces Foreign Exchange Rates for Today

Nepal Rastra Bank has published the latest foreign exchange rates, with the US dollar set at NPR 154.48 for buying and NPR 155.08 for selling. The rates cover major international currencies, including the euro, pound sterling, Australian dollar, and Indian rupee.

Him Parbet Hydropower to Open IPO for Locals and Nepalis Working Abroad

Him Parbet Hydropower Limited will open its IPO on Kartik 11 for project-affected residents of Dolakha and Nepalis working abroad, offering shares at a face value of Rs. 100 each.

Tanahu Hydropower Project Conducts Disaster Response Drill to Strengthen Safety and Emergency Preparedness

The Tanahu Hydropower Project has conducted a disaster preparedness and emergency response drill at its main dam construction site to minimize potential risks and improve worker safety. The project has also installed 17 sirens and information boards at 10 locations to warn downstream communities of potential flooding and other emergencies.

Mantra Thakali Fined Rs. 250,000 After Inspection Uncovers Cockroaches and Poor Kitchen Hygiene

Mantra Thakali, a restaurant in Maharajgunj, Kathmandu, has been fined Rs. 250,000 following a surprise inspection prompted by a complaint about insects in food. Inspectors reportedly found cockroaches, poor sanitation, and fried potatoes stored in newspaper. The restaurant has been ordered to make improvements within seven days.

Dashain Relief: LPG Cylinder Exchange Service Launched at Six Locations Across Kathmandu Valley

To prevent cooking gas shortages during Dashain, a week-long LPG distribution and cylinder exchange service has been introduced at six locations across the Kathmandu Valley. Consumers can reportedly exchange an empty cylinder from any brand for a filled cylinder without paying an additional exchange fee, although complaints have emerged that some distributors are accepting only their own branded cylinders.