Latest NEPSE and Share Market News - Page 23
UAIL Lists 9.90 Lakh Bonus Shares on NEPSE
United Ajod Insurance Limited (UAIL) has listed 9,90,000 bonus shares on the Nepal Stock Exchange (NEPSE).
Rhino Cruise Stranded by Narayani Flood, Rescue Operation Underway
70-ton Rhino Cruise stranded near a bridge after the Narayani River surged above the danger level is being removed with the help of three cranes. The Department of Roads is coordinating the operation with the Nepal Army, Armed Police Force and Nepal Police.
Gold, Silver Prices Drop Sharply in Nepal; Gold Falls Rs 5,000
Gold and silver prices declined in the Nepali market on Ashoj 12, Monday, with gold falling by Rs 5,000 per tola and silver by Rs 145 per tola.
RHGCL Gets Approval to Issue 30.81 Lakh Rights Shares
Rapti Hydro & General Construction Limited (RHGCL) has received approval to issue 30,81,262 rights shares at a 1:0.2514 ratio, with a total face value of approximately Rs. 30.81 crore.
Miteri Development Bank Announces 11% Dividend for Shareholders
Miteri Development Bank (MDB) has announced an 11% dividend, comprising 5% bonus shares and 6% cash dividend including tax, from the profits and retained earnings of the previous fiscal year.
SEBON Seeks Advance Notice Before Major Share Sales by Substantial Shareholders
SEBON has published a concept paper on requiring substantial shareholders of NEPSE-listed companies to provide advance notice before selling 5% or more of their shareholding.
NRB Cuts Banks’ Share Investment Holding Period from 6 Months to 45 Days
Nepal Rastra Bank has reduced the minimum holding period for banks’ investments in listed shares and debentures from six months to 45 days, while introducing tighter investment governance and risk-management requirements.
Rahanghat Hydropower Project Connected to National Grid After Years of Construction
40 MW Rahughat Hydropower Project in Myagdi, developed by Raghuganga Hydropower Limited, has started power generation from its two 20 MW units and has been successfully connected to Nepal’s national grid.
Indian Banks Face 3-Day Nationwide Strike, Five-Day Service Disruption Looms
Indian bank employees are set to stage a three-day nationwide strike from September 28 to 30, demanding a five-day banking week, with payments and other banking services expected to face disruptions.
PM Shah at UNGA: “Nepal Did Not Warm the Planet, Yet We Pay the Ultimate Price”
Prime Minister Balendra Shah has used his address to the 81st UN General Assembly to highlight Nepal’s growing climate vulnerability, call for climate justice and propose a regional Himalayan Climate Resilience Mechanism.
Prithvi Highway Hit by Landslides at Seven Locations Amid Continuous Rainfall
Continuous rainfall has triggered landslides at seven locations along the Prithvi Highway, completely blocking the road at two points and restricting traffic to one-way movement at others.
Gold, Silver Prices Extend Decline in Nepal; Gold Falls Rs. 500
Gold and silver prices continued their downward trend in Nepal on Friday, with gold declining by Rs. 500 per tola and silver by Rs. 30 per tola.