Nepal Finance Decides Not to Distribute Dividend This Year

Nepal Finance Decides Not to Distribute Dividend This Year

Nepal Finance Limited will not distribute any dividend for the last fiscal year 081/82.The decision was made during the board meeting held on Mangsir 12. The company has not been able to distribute dividends for many years. The last time Nepal Finance declared a dividend was in fiscal year 067/68, when it issued 22% bonus … Read more

Radhi Hydropower Seeks SEBON Approval to Issue 69.89% Rights Shares

Radhi Hydropower Seeks SEBON Approval to Issue 69.89% Rights Shares

Radhi Bidyut Company Limited has applied to the Nepal Securities Board (SEBON) for approval to issue 69.89% rights shares. The application was submitted on Mangsir 2. The rights issue is based on the company’s existing paid-up capital of Rs. 1 arba 83 crore 89 lakh 79 thousand. The proposed ratio is 1:0.6989, meaning shareholders will … Read more