Chandragiri Investment Group Limited has decided to issue an Initial Public Offering (IPO) to the general public, aiming to float 10 lakh ordinary shares worth Rs. 10 crore. The decision was approved during the company’s first Annual General Meeting (AGM) held on Saturday. The company currently has an authorized capital of Rs. 50 crore. Along with the IPO proposal, the AGM also endorsed a 4 percent cash dividend distribution based on the paid-up capital. In addition, six directors were unanimously elected to the board, including Rajan Shrestha, Ramraja Acharya, Prakashman Shrestha, Dhirendra Shrestha, Shankar Maharjan, and Birendra Shrestha. The meeting further approved the annual report presented by Chairman Rajan Shrestha and the auditor’s report for the previous fiscal year.
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