Agni Cement Limited has announced its plan to issue a primary public offering (IPO) and will seek shareholder approval at the upcoming annual general meeting.
Agni Cement Limited has initiated the process for a primary share issuance (IPO) for the general public. The company has called an Annual General Meeting (AGM) to pass a special proposal for issuing the IPO.
According to the company, the Board of Directors meeting held on Falgun 17, 2083 decided to convene the AGM on Chaitra 12, 2083, at 11:00 AM at the company’s registered office in Kathmandu. During the meeting, shareholders will review and vote on the special proposal to issue IPO shares to the public as well as proposals to amend the company’s memorandum and bylaws.
In addition, the AGM agenda will include the approval of the company’s annual report and financial statements for the previous fiscal year, as confirmed by the company.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
