NPR 525.00
+4.60 (+0.88%)This overview details the annual general meetings, dividend proposals, bonus shares, and rights issues…This overview details the annual general meetings, dividend proposals, bonus shares, and rights issues announced by numerous listed companies, including banks, hydropowers, and microfinances for the past fiscal year, with several merging or distributing cash and bonus dividends to shareholders.
An analysis of promoter share lock-in rules and low free-float IPOs in NEPSE, highlighting examples like…An analysis of promoter share lock-in rules and low free-float IPOs in NEPSE, highlighting examples like Hathway Investment Nepal (HATHY), Emerging Nepal (ENL), and Kalinchwok Darshan (KDL), and suggesting policy reforms such as book building and lifting lock-in restrictions to stabilize market supply and protect retail investors. Bhadra 22, 2083 lock-in expiry and Ashoj 2, 2083 lock-in expiry were noted for ENL and HATHY respectively, while HATHY's IPO was 12.5% of total paid-up capital (2,925,000 units). (Note: dates are kept as in the text and figures are preserved). No, wait, summary must be concise and avoid unnecessary dates if not fitting simple bounds, but let's stick strictly to text: An article analyzing promoter share lock-in periods and low free-float IPOs in NEPSE, examining examples like Hathway Investment Nepal (HATHY), Emerging Nepal (ENL), and Kalinchwok Darshan (KDL) where lock-in expiries and low float caused price volatility, and proposing policy reforms such as book building to protect retail investors.
SEBON's 15-day advance notice policy for promoter share sales has caused significant price drops ranging from…SEBON's 15-day advance notice policy for promoter share sales has caused significant price drops ranging from 20% to 37% in Emerging Nepal, Hathway Investment, Upper Lohore Khola, and Kalinchwok Darshan due to a lack of legal obligation to execute the sale after publishing the intention notice. Critics warn it creates market manipulation risks for retail investors.
NEPSE adjusted the share prices of Kalinchwok Darshan (8.50% bonus share), Machhapuchhre Bank (3% bonus…NEPSE adjusted the share prices of Kalinchwok Darshan (8.50% bonus share), Machhapuchhre Bank (3% bonus share), and Global IME Balanced Fund-1 (12% cash dividend) for their upcoming AGMs and dividend distribution.
The expiry of the lock-in period for Emerging Nepal Limited and Kalinchwok Darshan Limited has led to large…The expiry of the lock-in period for Emerging Nepal Limited and Kalinchwok Darshan Limited has led to large volumes of promoter shares being offered for sale, creating supply pressure in the secondary market and prompting experts to suggest policy reforms for lock-in rules.
Today is the final day to secure dividends for Kalinchwok Darshan Limited, Machhapuchhre Bank, and three…Today is the final day to secure dividends for Kalinchwok Darshan Limited, Machhapuchhre Bank, and three mutual funds ahead of their upcoming book closures. Kalinchwok Darshan proposed an 8.5 percent bonus share and 0.4474 percent cash dividend along with a 1:1 rights issue, while Machhapuchhre Bank proposed a 3 percent bonus share and 3 percent cash dividend.
Promoter shareholders of Emerging Nepal Limited, Kalinchwok Darshan Limited, Modi Energy Limited, and Upper…Promoter shareholders of Emerging Nepal Limited, Kalinchwok Darshan Limited, Modi Energy Limited, and Upper Hewakhola Hydropower Limited are preparing to sell nearly 4 million locked-in shares in the secondary market following SEBON's 15-day advance notice rule for major shareholders holding 5 percent or more shares to sell their holdings within three months, raising concerns among retail investors about heavy market supply and corporate governance issues amid the mass exit of promoters seeking to secure their profits and exit the companies. Act now as supply surges on the secondary market for these securities following the lock-in expiry and regulatory filings at NEPSE starting from Asoj 7 and extending through mid-Asoj 2083/84 depending on the company disclosures reported in the article text. Act now as supply surges on the secondary market for these securities following the lock-in expiry and regulatory filings at NEPSE starting from Asoj 7 and extending through mid-Asoj 2083/84 depending on the company disclosures reported in the article text.
Kalinchowk Darshan Limited has called its AGM to endorse an 8.5 percent stock dividend and 0.4474 percent cash…Kalinchowk Darshan Limited has called its AGM to endorse an 8.5 percent stock dividend and 0.4474 percent cash dividend, along with a 1:1 right share proposal.
Kalinchwok Darshan Limited has called its 12th AGM for Ashwin 16, proposing an 8.5 percent bonus share and…Kalinchwok Darshan Limited has called its 12th AGM for Ashwin 16, proposing an 8.5 percent bonus share and 0.4474 percent cash dividend for tax purposes. It also plans to issue a 100 percent rights share after the bonus adjustment.
Kalinchwok Darshan Limited has announced 8.5% bonus shares and 0.44% cash dividend for tax purposes from its…Kalinchwok Darshan Limited has announced 8.5% bonus shares and 0.44% cash dividend for tax purposes from its previous fiscal year's profits.
Following the integration of ISIN codes, founding shareholders of Emerging Nepal Limited have announced plans…Following the integration of ISIN codes, founding shareholders of Emerging Nepal Limited have announced plans to sell over 850,000 shares, creating heavy selling pressure and price drops in both Emerging Nepal Limited and Kalinchwok Darshan Limited shares.
SEBON has directed CDSC to open trading for promoter shares of two companies whose lock-in period has expired…SEBON has directed CDSC to open trading for promoter shares of two companies whose lock-in period has expired, while leaving the dematerialization issue for over 36 companies unresolved.
Kalinchowk Darshan (KDL) reported a net profit of Rs 57.68 million for the fiscal year 2082/83, reflecting a…Kalinchowk Darshan (KDL) reported a net profit of Rs 57.68 million for the fiscal year 2082/83, reflecting a 105.14% increase, with an EPS of Rs 9.16.
Kalinchwok Darshan reported cable car revenue of Rs 85.94 million and a net profit of Rs 57.68 million.Kalinchwok Darshan reported cable car revenue of Rs 85.94 million and a net profit of Rs 57.68 million.
Data from SEBON for fiscal year 2082/83 shows numerous companies across various sectors awaiting or having…Data from SEBON for fiscal year 2082/83 shows numerous companies across various sectors awaiting or having recently secured approval for rights issue fundraising initiatives totaling billions of rupees.
Bonus shares of six companies including Sana Kisan Bikas Laghubitta and Nepal SBI Bank have been listed on…Bonus shares of six companies including Sana Kisan Bikas Laghubitta and Nepal SBI Bank have been listed on NEPSE and will be tradable from tomorrow.
Kalinchwok Darshan Limited earned a net profit of Rs 11.9 million in the review period, an increase of 152.68…Kalinchwok Darshan Limited earned a net profit of Rs 11.9 million in the review period, an increase of 152.68 percent compared to the previous fiscal year.
Kalinchwok Darshan Limited reports a 152.68 percent increase in net profit, reaching Rs 11.99 million for the…Kalinchwok Darshan Limited reports a 152.68 percent increase in net profit, reaching Rs 11.99 million for the second quarter of the current fiscal year with an EPS of Rs 3.97.
Kalinchwok Darshan Limited reported a net profit of Rs 11.99 million for the second quarter of the current…Kalinchwok Darshan Limited reported a net profit of Rs 11.99 million for the second quarter of the current fiscal year, with an EPS of Rs 3.97.