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Balephi Hydropower Cuts Losses as Financial Expenses Decline
Balephi Hydropower’s Q4 results show lower net losses as financial expenses drop, offsetting slightly lower electricity sales revenue.
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Miteri Development Bank Announces 10% Cash Dividend
Miteri Development Bank Limited (MDB) has proposed a 10% cash dividend from its profit and retained earnings for the last fiscal year, subject to approval from Nepal Rastra Bank and its upcoming AGM.
Insurance Claims from Genz Protests Reach Rs 23.21 Billion; Payouts Near Rs 2 Billion
Insurance companies in Nepal have received claims exceeding Rs 23 billion following the Genz protests, according to the Insurance Authority. As of mid-Ashoj, only around Rs 1.95 billion has been settled, with property insurance accounting for the majority of claims.
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Muktinath Bikas Bank’s Last Day for Dividend Eligibility — AGM on Kartik 15
Thursday (Ashoj 30) marks the final day for investors to secure dividend rights from Muktinath Bikas Bank before its book closure on Friday. The AGM is set for Kartik 15 in Pokhara.
Securities Board Staff Protest Enters 23rd Day Amid Finance Ministry Directive Dispute
Employees of Nepal’s Securities Board have continued their protest for 23 days, opposing a Finance Ministry order to scrap two staff welfare procedures.
Nepal Rastra Bank Withdraws NPR 90 Billion to Manage Excess Liquidity
On October 7, Nepal Rastra Bank announced NPR 90 billion withdrawal via deposit instruments to curb excess liquidity.
RSDC Microfinance Declares 8% Dividend for Shareholders
RSDC Microfinance announces 8% dividend from last fiscal year’s profit, pending approval from the annual general meeting.
Manjushree Finance Proposes 15% Cash Dividend for FY 2081/82
Manjushree Finance has proposed a 15% cash dividend, totaling Rs. 20.27 crore, for FY 2081/82, subject to NRB and AGM approval.
Nepal Insurance Closes Auction of Unclaimed Rights Shares Today
Nepal Insurance Company is closing its auction of 1,97,042.76 unclaimed rights shares today, Ashwin 7, 2082, managed by NIMB Ace Capital.
Final Day to Bid for Unsold Rights Shares of Asian Life Insurance
Investors must submit bids by today, Ashwin 5, for Asian Life Insurance’s unsold rights shares under auction.
Insurance Claims from Gen Z Movement Top Rs. 30 Billion
Insurance claims linked to the Gen Z protests have surged to Rs. 30 billion, with final figures likely to rise further, regulator says.
Khani Khola Hydropower Extends 100% Rights Share Deadline Until Ashwin 5
Khani Khola Hydropower has extended its 100% rights share application deadline to Ashwin 5, citing current circumstances.