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Everest Bank Extends Bond Application Deadline Until Chaitra 3

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Nepse trading

Everest Bank Extends Bond Application Deadline Until Chaitra 3

Everest Bank Limited has extended the application deadline for the “Everest Bank Limited Bond 2091,” which was issued for public subscription on Falgun 18. This 10-year bond offers an annual interest rate of 7.50% and has a total issuance of 3 million units, each valued at Rs. 1,000. Out of these, 1.8 million units will be allocated privately, while 1.2 million units will be distributed to the general public.

Investors can apply for a minimum of 25 units and a maximum of 1.2 million units. Applications can be submitted through ASBA-participating banks and financial institutions, their designated branches, or online via the "Mero Share" platform.

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    ALICL Asian Life Insurance to Issue Rights Shares at 1:0.42 Ratio Kathmandu — Asian Life Insurance Company Limited has received approval from the Securities Board of Nepal (SEBON) to issue rights shares at a 1:0.42 ratio. The company will issue a total of 14,279,312.48 units of ordinary shares at a par value of Rs. 100 per share. This means shareholders will be entitled to receive 0.42 units of rights shares for every 1 unit they currently hold. The purpose of this issuance is to strengthen the company’s capital base and support future expansion and operational plans.

    NEPSE trading

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    9 May, 2025