Sahara Bikas Bank has published notice for IPO issue.

Kathmandu, June 5

Sahara Bikas Bank has published notice for its IPO issue and issue manager's list.

CDS and Clearing published the notice to companies for de-materialization of securities

Kathmandu, April 20

CDS and Clearing Ltd. has published the notice to listed companies to de-materialize there securities within three months period.

CDS and Clearing Ltd has published notice to all investors regarding Demat Account

Kathmandu, April 19

CDS and Clearing Ltd. has published the notice to all investor & stakeholders to open Demat Account for the purpose of trading securities.

Oriental Hotels has published notice for Call of Second Installment payment

Kathmandu, March 17

Oriental Hotel Ltd. has issued notice to those shareholders who have not submitted the second and last call money yet.

Civil Bank, Axis Development Bank and Civil Merchant Book Closure for Merger.

Kathmandu, March 16

Civil Bank Limited, Axis Development Bank Limited and Civil Merchant Bittiya Sansthan Limited has jointly published a final notice requesting to send all BT share on name transfer.

Oriental Hotels has published notice for for Second installment payment to its shareholders

Kathmandu, March 14

Oriental Hotels has called for the deposit of second installation of ordinary share issued on 2057 to its shareholder who did not deposited yet

Arun Valley Hydro Power has published Notice for Right Share Issue

Kathmandu, March 10

Arun Valley Hydropower Development Co. Ltd has issued notice regarding the issue of 1:1 right share.

Nepal Bangladesh Bank postponed its 19th AGM as per Nepse direction.

Kathmandu, Feb 26
Nepal Bangladesh Bank Ltd. has postponed its 19thAGM as per Nepal Stock Exchange direction.

Ridi Hydro Power IPO closing from today

Kathmandu, Feb 20

Ridi Hydropower Development Company Limited is closing its 11,70,000 units IPO share to the general public from today (8th Falgun, 2070).

Last Date for Right Share of Kabeli Bikas Bank

Kathmandu, Feb 16
Kabeli Bikas Bank has Published notice regarding the closing date for its right share issue.

SBAN to halt trading Nat'l Hydro's shares

Kathmandu: Feb 15

The Stockbrokers Association of Nepal (SBAN) will stop trading shares of National Hydropower Company, a venture of NB Group, citing it has failed to appoint a share registrar. 

It is said that the company has not appointed a share registrar since its agreement with Growmore Merchant Bank over two months ago. “This has caused difficulty in transferring ownership of shares of the company,” stockbrokers association president Narendra Raj Sijapati said. 

The share price of the company currently stands at Rs 107 per unit.

Source: THT

Good News: Free Wifi from Nepal Telecom

Kathmandu, Feb 13
Nepal Telecom will be providing Free Wifi at various locations in Kathmandu to celebrate the 10th Anniversary of Nepal Telecom Satellite Service. How to connect to the wifi and the locations that has free wifi access is listed below in the notice published for the general public.

Commerz and Trust Bank has published a notice regarding its 3rd AGM.

Kathmandu, Feb 12
Commerz and Trust Bank Ltd has published a general notice regarding its 3rd AGM which is to be held on Sunday, 3rd March 2014(Falgun 19, 2070)

Right Share Closing date of Prudential Insurance

Kathmandu, Feb 6
Prudential Insurance Company. Limited. has published a notice to its shareholders to inform them about the closing date of its 1:1 ratio right share issue on 9 Feb, 2014 (Magh 26, 2070) after banking hours. 
Issue Manager NMB Capital Ltd.

Nepal Bangladesh Bank has published a notice for its upcoming AGM

Kathmandu, Feb 5,

NB Bank Limited has published a notice with details of its 19th AGM which is going to be held on 27th Falgun, 2070

IPOs worth Rs 2.95 billion in pipeline

Kathmandu, Feb 4

Initial public offerings (IPOs) worth Rs 2.95 billion are in the pipeline.

A total of eight companies are waiting for the nod of the Securities Board of Nepal (Sebon) to go public. Among them, two are hydropower companies, three development banks and one each finance company, investment company and housing company.

Upper Tamakoshi Hydro Power has sought permission to issue the highest units of shares. The hydropower company is preparing to

Electronic cheques from mid-July

KATHMANDU, Feb 4

Central bank has postponed making electronically readable cheques mandatory for the second time.

Issuing a circular, Nepal Rastra Bank (NRB) has directed the financial institutions to issue electronically readable cheques by the end of current fiscal year. Back in October, NRB had directed the banks to circulate such machine-readable cheques by mid-January, 2014. Moreover, in April 2013, central bank had fixed mid-July, 2013 as the cut-off period.

However, the provision is only mandatory for the financial institutions that are availing electronic cheque clearance service from Nepal Clearing House Ltd (NCHL). To make the cheques compatible for electronic clearing, financial institutions have to issue cheques according to Cheques Standards and Specifications Guidelines 2011.

The central bank has been postponing the cut-off date since past one year due to financial institutions’ inability to replace the existing cheques with standard ones.

The standard cheques will have a character recognition technology that will help facilitate the processing of cheques and will have the routing number and account number at the bottom of a cheque.

Nepal Clearing House started electronically clearing Nepali currency cheques from April 2012. The clearing house, established in 2009 in association with Nepal Bankers’ Association, Nepal Rastra Bank (NRB) and other financial institutions, has started Automatic Check Truncation and clearing systems with the current normal cheques.

Source: THT

NT announces 50% discount on GSM, CDMA tariff

KATHMANDU, Feb 4: 

Nepal Telecom (NT) is providing 50 percent discount on GSM and CDMA tariff rates on the occasion of its 10th anniversary.

Rajesh Joshi, joint spokesperson of NT, said the discount on tariff rates will be valid from February 4 to 6. “The offer will be applicable for both postpaid and pre-paid services,” said Joshi.

NT is also launching Internet products and demonstrating new services as well. The state-owned telco is also demonstrating its new project Fiber to the Home (FTTH) during the anniversary celebration. Once the service is introduced, NT´s customers can enjoy high-speed Internet as well as other value added services from their PSTN lines.

“We will be demonstrating the service on Wednesday evening amid a group of invitees. The service will be launched soon,” Guna Keshari Pradhan, spokesperson of NT, said.

NT is installing equipment in 10 different places across the country and plans to launch the service by mid-April.

“We are planning to launch the fiber cable service in the areas under Sundhara, Chhauni, Naxal, Patan and Chabahil exchanges inside the Valley and areas under Biratnagar, Birgunj, Bharatpur, Butwal and Pokhara exchange outside the valley in the first phase,” said Shyam Sundar Yadav, director of NT´s PSTN Directorate, said.

NT is also planning to introduce tariff based Wi-Fi Internet service based on WiMAX technology. The state-owned telecom operator will charge Rs 10 per hour for the service. It has been providing Wi-Fi service free of cost at six public places since September.

NRB takes over management of NCC Bank

Kathmandu, Jan 4

The Nepal Rastra Bank (NRB) has taken over the management of  Nepal Credit and Commerce Bank(NCCB). The central bank on Tuesday dissolved the NCC board and handed it over to a three-member management team led by Director Laxmi Prapanna Niraula after expiry of the deadline given by NRB to resolve the dispute among the NCC board members.

The management team, including Deputy Director Ramesh Acharya and Assistant Director Resham Raj Regmi, has been authorized to even exercise the rights of the board of directors. The dispute had been rising due

Securities Board of Nepal (Sebon) released a notice to general public for stock investment awareness

Nepalstocks, Dec 27,

Securities Board of Nepal (Sebon) has released a notice to general public share holders who invest in IPO and buy and sell shares in secondary market to be aware of certain points that can make their investments safe from all perspective. Please read the following notice which has phone number for contact to Sebon office as well as its website.

Some major point includes to send the share certificates from broker's office to transfer it into your name within the book closure date so that you can reap the benefit of cash and bonus share dividends of that company.