Kathmandu, August 20- National Life Insurance Company ( NLICL) has extended time period for right share subscription. The deadline for subscription of 60% right share has been extended to Bhadra 19, 2075.

Shareholders can check their right share eligibility easily by visiting website of the NLICL as well as the the website of NIBL ace capital

The issue was open from Shrawan 1 to Bhadra 4, 2075. NIBL Ace capital is issue manager for the issue. After the adjustment of this 60%right share, paid up capital of NLICL will exceed minimum capital requirement of Rs 2 arba.

 

Corporate News

Country’s forex reserves slump to 32-month low

Kathmandu, December 24- Nepal’s foreign exchange reserves have slumped to a 32-month low despite robust growth in remittance income and downward revision in foreign exchange facility for Nepalis visiting overseas, raising the spectre of the country facing a balance of payments crisis if the problem continues to grow.

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Doha Bank opens representative office in Nepal

Kathmandu, December 19 - Doha Bank, one of the largest commercial banks in Qatar, has opened its liaison office in Nepal as per the permission granted by the central bank about six months ago.

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Parliament body asks govt to solve problem of multiple taxation

KATHMANDU, Aug 15: Parliament’s Finance Committee on Tuesday issued directions to the government to take the lead in solving the chronic problem of multiple taxation by the three tiers of government, as well as the exorbitant hike in tax rates.

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Trade deficit surged five-fold in last decade

Kathmandu, August 5 - The country’s trade deficit jumped five folds in the last decade as imports have been skyrocketing and exports have slowed to a crawl in the review period.

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Symbol % Change Last Price Turnover
NBBL 3.3898 610.0 129,958.0
SLBSL 3.2078 740.0 1,120,390.0
CHL 2.9703 104.0 14,538.0
RLFL 2.5862 119.0 339,371.0
IGI 2.2113 416.0 224,710.0
Symbol % Change Last Price Turnover
UPCL -10.0000 270.0 65,860.0
SHIVM -9.9138 418.0 1,737,870.0
AMFI -4.7546 621.0 57,140.0
NSEWA -3.6893 496.0 354,830.0
AKJCL -3.6585 79.0 70,010.0
Symbol % Change Last Price Turnover
ALBSL -3.5294 492.0 15,575,910.0
SBLPO 1.8519 165.0 10,510,995.0
CIT -1.5038 2,620.0 10,342,811.0
UPPER -0.4167 239.0 9,872,309.0
NLIC -0.0932 1,072.0 8,405,577.0