Mount Everest Distillery Limited has called its Annual General Meeting (AGM) for Baisakh 20, 2083 (B.S.), where it will seek approval for its Initial Public Offering (IPO) issuance proposal along with several other key agendas.
During the meeting, the company will present and approve the annual report for FY 2081/82, including the auditor’s report and financial statements. Shareholders will also be asked to endorse the decision to issue an IPO, along with the approval of decisions made by the Board of Directors.
In addition, the AGM will consider amendments to the company’s Memorandum of Association and Articles of Association. The meeting will also propose granting necessary authority to the Board of Directors to carry out required decisions related to these matters.
The company has already appointed Siddhartha Capital Limited as the issue and sales manager for the IPO process. Mount Everest Distillery is preparing to issue a total of 1.25 million (12,50,000) shares to the general public.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
