Greenply Nepal has called a Special General Meeting to endorse a proposal for issuing its Initial Public Offering to the public.
Greenply Nepal Company has called for a Special General Meeting (SGM). The decision was made during the board of directors meeting held on Shrawan 5. The company decided to holding this special meeting on Shrawan 22.
Meeting Venue and Time
According to the company, the meeting will start at 11:00 AM. It will take place at registered office of the company, which is located in Budhiganga Rural Municipality-5, Morang.
Key Proposals of the SGM
The main agenda of this meeting is to approve a special proposal for issuing Initial Public Offering (IPO). The company is planning to issue 16 lakh 40 thousand units of primary shares. This amount of shares is equal to 20 percent of the company’s issued capital.
Beside this, there are other agendas for the meeting too. The company will also pass special proposals regarding issuing founder shares at a premium price from the reserve fund, and delegating authority to the board of directors for other necessary tasks.
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.
