Latest NEPSE and Share Market News - Page 4
Nepal Oil Corporation Moves to Merge LPG Companies Operating Under Different Brands
Nepal Oil Corporation (NOC) has initiated a process to merge LPG companies operating under different names and brands, aiming to streamline the country's LPG supply and distribution system and improve consumer convenience.
Makar Jitumaya Suri Hydropower Proposes 13.6842% Dividend for FY 2082/83
Makar Jitumaya Suri Hydropower Limited has proposed a 13.6842% dividend for its shareholders for FY 2082/83, comprising 13% bonus shares and 0.6842% cash dividend to cover tax obligations.
Unilever Nepal Proposes 1,540% Cash Dividend for FY 2082/83
Unilever Nepal Limited (UNL) has proposed a massive 1,540% cash dividend for its shareholders for FY 2082/83, amounting to Rs. 1,540 per share. The company has scheduled its book closure from November 25 to December 9, 2026.
Aarambha Chautari Laghubitta Announces No Dividend for FY 2082/83
Aarambha Chautari Laghubitta (ACLBSL) has decided not to distribute any dividend to its shareholders for the fiscal year 2082/83, subject to regulatory approval.
Land Administration Services to Reach All Local Governments Within a Month
The government is preparing to extend land administration services to all local governments across Nepal within the next month, allowing citizens to access land-related services locally without travelling to distant Land Revenue and Survey Offices.
Himalayan Laghubitta Proposes 5% Dividend for FY 2082/83
Himalayan Laghubitta (HLBSL) has proposed a 5% dividend for shareholders, comprising 4.75% bonus shares and 0.25% cash dividend for the fiscal year 2082/83.
Gold and Silver Prices Rise in Nepali Market
Gold prices surged by Rs. 2,300 per tola, while silver recorded a gain of Rs. 70 per tola in the Nepali domestic market on Monday.
Government Distributes Land Ownership Certificates to 135 Families in First Quarter
The government has distributed land ownership certificates (Lalpurja) to 135 families during the first quarter of FY 2083/84, as part of its ongoing efforts to address landlessness and manage unorganized settlements across the country. Of the total beneficiaries, 11 were landless Dalit families, 41 were landless squatters, and 83 belonged to unorganized settlements.
Floods and Landslides Affect 166 Households in Myagdi's Mangala Rural Municipality
Floods and landslides have affected 166 households in Mangala Rural Municipality of Myagdi district, destroying 17 houses and leaving another 149 at varying levels of risk. The disaster has also damaged agricultural land, roads, animal sheds, and local infrastructure.
Government Office Hours Change to Winter Schedule from Tomorrow
Government offices, public institutions, and community schools across Nepal will switch to winter operating hours from tomorrow, Kartik 16, following the schedule announced by the Ministry of Home Affairs. Under the revised timetable, offices will operate from 9:00 AM to 4:00 PM instead of the previous 9:00 AM to 5:00 PM schedule.
Rastriya Banijya Bank Reports 175.52% Growth in Q1 Net Profit
Rastriya Banijya Bank Limited has reported a remarkable 175.52% year-on-year growth in net profit, earning Rs. 1.64 billion in the first quarter of FY 2083/84, compared to Rs. 598.73 million in the corresponding period of the previous fiscal year. The significant growth was driven by a sharp increase in net interest income and a substantial decline in impairment charges.
Kumari Bank Reports Rs. 1.07 Arba Net Profit in Q1; Operating Profit Jumps 32.39%
Kumari Bank Limited (KBL) has reported a modest 1.70% year-on-year growth in net profit, earning Rs. 1.07 billion in the first quarter of FY 2083/84, compared to Rs. 1.06 billion in the corresponding period last fiscal year. Despite a decline in net interest income, the bank recorded strong growth in operating profit, supported by a significant reduction in impairment charges and operating expenses.