Makalu Wine Industries Limited has called a Special General Meeting to approve the proposal of issuing 20 percent Initial Public Offering (IPO).
Details of the Special General Meeting
The board of directors meeting held on Shrawan 6 have decided to call the special meeting on Shrawan 23. This meeting will start at 11:00 AM at Soaltee Westend located in Itahari.
Proposal for 10 Lakh Units IPO
In this meeting, the company will present a special proposal to issue 20 percent of its issued capital. This is equal to 10 lakh units of primary shares (IPO) for the general public.
Along with this, the company also plan to pass other special proposals. These include issuing promoter shares kept in reserve fund at premium price and giving necessary authority to the board for other related works.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
