Support Laghubitta Distributes 9.5% Bonus Shares to Investors
Support Laghubitta Bittiya Sanstha Limited has completed the distribution of its 9.5% bonus shares to investors, following resolutions from its Annual General Meeting. The shares have been registered with the Nepal Stock Exchange and CDS and Clearing Limited, enabling immediate trading on the secondary market.
Nepal Securities Board Approves IPOs for 24 Companies, Valued at Rs 9.11 Billion
The Securities Board of Nepal has approved initial public offerings (IPOs) for 24 companies, allowing the sale of approximately 91.18 million ordinary shares valued at around Rs 9.11 billion. The approvals, granted by mid-April of the current fiscal year, predominantly feature 15 hydropower projects, alongside companies from the manufacturing, development bank, and hotel and tourism sectors. This move signifies growing interest in raising capital through Nepal's stock market.