Chandragiri Investment Group will issue 'IPO' shares
Kathmandu. Chandragiri Investment Group Limited is going to issue a primary share IPO for ordinary citizens. The company's first general meeting held today passed the proposal to issue the IPO. The authorized capital of the company is Rs 50 crore. Chairman Rajan Shrestha informed that the general meeting has also passed a proposal to distribute cash dividend at the rate of four percent of the paid-up capital and six directors have been elected unopposed.
The directors to be elected are Rajan Shrestha, Ramraja Acharya, Prakashman Shrestha, Dhirendra Shrestha, Shankar Maharjan and Birendra Shrestha. The General Assembly also approved the annual report presented by Chairman Shrestha and the auditor's report. Chairman Shrestha said that the organization, which is a holding company, has invested in companies including Indreni Mushroom Farm, The Nilaya Hotels Limited, Cowley Vineyard Agro, Everest Color and Mero Kisan.
Express
Related News
Salt Trading Corporation to distribute 10 percent dividend
Kathmandu. Salt Trading Corporation is going to distribute 10 percent dividend. The company has announced that it will distribute the dividend to its shareholders from the profit of the last financial year. In which the company is going to distrib...
320 million more revenue collection from mountain climbing in autumn
Kathmandu. The government has collected revenue of Rs.32 crore 37 lakh 88 thousand 990 for granting permission to climb various mountains of Nepal in autumn. According to the information given by the Department of Tourism, Rs.32 crore 37 lakh 88 t...
Tax arrears are coming up: The remaining amount has reached 94.95 billion
Kathmandu. In recent years, the outstanding tax arrears in Nepal have started to pile up. According to the Internal Revenue Department, by the end of the financial year 2081 and 2082, the outstanding amount including i...
Hydropower projects in Myagdi were affected by flood and landslides, production of 20 megawatts of electricity was stopped
Myagdi. Due to floods and landslides, the work of the hydropower project under construction in Myagdi has been affected, while the power generation from two projects that are in operation has stopped. The projects of Dhawalagiri, Annapurna and Mal...
The stock market increased by 33.27 points, turnover above 10 billion
Kathmandu. A significant improvement was seen in the stock market on Wednesday. Today NEPSE index increased by 33.27 points to 2866.87 points, which is an increase of 1.17. In today's trading, when 2 crore 64 lakh 38 thousand shares were bought an...
Most of the commercial banks have reduced the interest rate for the month of February, how much?
Kathmandu. Commercial banks have announced the new interest rates applicable for the month of February. According to the information published by the banks, most of them have reduced the interest rates. It seems that the maximum average interest r...



