Mandu Hydropower Limited (MANDU) has officially proposed a total dividend of 10.5263% from the profits of the last fiscal year. The payout includes 10% bonus shares and 0.5263% cash dividend for tax optimization, following a board decision on Jestha 18.
Sarvottam Paints Industries Limited is opening its Initial Public Offering (IPO) to the general public from Jestha 28, following the successful allotment to migrant workers and mutual funds. Investors can apply for a minimum of 10 shares and a maximum of 5,000 shares until Ashadh 2.
Both gold and silver recorded a price hike in the Nepalese market on Tuesday, Jestha 19. Gold increased by NPR 400 per tola to reach NPR 311,300, while silver went up by NPR 50 per tola, trading at NPR 5,405.
