Lumbini Heritage Limited has announced that it will issue an Initial Public Offering (IPO) to the general public, subject to approval from its upcoming Annual General Meeting (AGM). The decision was made during a board meeting held on Chaitra 24, which also set the date for the company’s first AGM. The meeting is scheduled to take place on Baisakh 20, 2083 (B.S.) at 11:30 AM at the company’s premises in Rupandehi.
The primary agenda of the AGM includes endorsing the proposal to issue IPO shares to the general public. Alongside this, shareholders will also review and approve the decisions made by the Board of Directors. The meeting will further consider the approval of the company’s annual report and financial statements for the last fiscal year.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
