Stock News
Citizens Mutual Fund 2 to Mature on Ashad 21
The seven-year closed-end mutual fund will cease trading after maturity, with investors set to receive payouts following the liquidation of its assets.
Naasa Securities Aggressively Expands Margin Lending Capabilities with Rs 3 Billion Financing Package
Leading brokerage firm Naasa Securities (Broker No. 58) is set to secure Rs 3 billion in bank financing to aggressively expand its margin trading services, backed by strong credit ratings from CARE Ratings Nepal.
Forward Microfinance (FOWAD) to Alter Shareholding Structure to 60:40
Approved by Nepal Rastra Bank, Forward Microfinance Laghubitta Bittiya Sanstha Limited (FOWAD) is restructuring its equity ownership from a 70:30 ratio to a 60:40 model, expanding its tradable public float.
Prabhu Mahalaxmi Life (PMLI) Opens Auction for 18.99 Lakh Units Promoter Shares
Prabhu Mahalaxmi Life Insurance Company Limited (PMLI) has commenced a public auction for 18,99,241 units of its promoter shares. The bidding window opens on Ashad 12, 2083, and closes on Ashad 18, 2083, allowing public and institutional participation.
Nerude Mirmire Laghubitta (NMLBBL) Auctions 1,72,634 Units of Promoter Shares
Nerude Mirmire Laghubitta Bittiya Sanstha Limited (NMLBBL) has opened an auction for 1,72,634 units of promoter shares starting today (Ashad 12, 2083). The auction is open to individual investors, corporate bodies, and institutions, with the bidding deadline set for Ashad 26, 2083.
United Ajod Insurance (UAIL) Proposes 4.5% Dividend for Shareholders
United Ajod Insurance Limited (UAIL) has announced a 4.51% total dividend, including 4.28% bonus shares, from the profits of the last fiscal year.
ICRA Nepal Reaffirms Shikhar Insurance’s 'AA-' Issuer Rating, Removes Negative Watch Status
Credit rating agency ICRA Nepal upgrades Shikhar Insurance’s outlook to stable, indicating strong financial resilience and low credit risk.
ICRA Nepal Upgrades Jhapa Energy Limited's Issuer Rating to B+
ICRA Nepal Limited has upgraded the issuer rating of Jhapa Energy Limited (JEL) from [ICRANP-IR] B- to B+. While the revision highlights a marginal improvement in the company's credit profile, the new rating continues to signal a high risk regarding timely debt servicing.
Dordi Khola Hydropower Postpones Special General Meeting Due to Lack of Shareholder Quorum
The Special General Meeting (SGM) of Dordi Khola Jal Bidyut Company Limited, originally scheduled for Ashad 01, 2083, in Lalitpur, has been officially deferred after shareholder representation fell short of the minimum required threshold.
Kalash Stock Market (Broker 74) Successfully Concludes Mega 10-Day Free Online Trading and Analysis Training
Kalash Stock Market Limited has successfully wrapped up its 10-day complimentary online training session on fundamental and technical stock market analysis. The high-impact program drew over 1,000 daily domestic and international participants via Zoom, highlighting the broker's commitment to robust investor education.
Bhujung Hydropower Appoints New Board at 4th AGM
Bhujung Hydropower Limited has successfully hosted its 4th Annual General Meeting in Kathmandu, approving its annual financial accounts and electing a new leadership board across promoter and public shareholder categories.
Avyan Laghubitta Declares No Dividend for Shareholders; Financial Reports Sent to NRB for Approval
Avyan Laghubitta Bittiya Sanstha Limited (AVYAN) has announced it will not be distributing any dividends to its shareholders for the last fiscal year.