Himali Hydro Fund convened a general meeting to pass the IPO proposal

Kathmandu. Himali Hydro Fund Limited is going to issue an IPO. The company has called the fourth general meeting to pass the IPO issue proposal. The meeting of the company will start from 10 am at the registered office of the company in Kathmandu on February 24

In that meeting, a resolution will be passed to issue 20 percent of the company's issued capital through IPO, to authorize the board of directors to proceed with the IPO-related work, and to decide on the use of the proceeds from the IPO.

Similarly, proposals to increase the authorized, issued and paid-up capital of the company and to publish the annual report and financial statements of the previous year will also be passed.

Express

Related News

Large development projects are affected by the increase in the price of petroleum products

Mahendranagar. Due to the recent increase in the price of petroleum products and problems in supply, the work of large development projects in the Far West has been affected. It is said that although the builders are working with the fuel they hav...

Amendment of the protocol of transit treaty between Nepal-India, all types of cargo can be transported

Kathmandu. With the amendment in the protocol of the transit treaty between Nepal and India, now all kinds of cargo can be transported to Bhairahawa through Kolkata and Visakhapatnam, Biratnagar Jogwani and Nautanwa Su...

In the semi-annual review, the income-expenditure of the government is weak, the capital expenditure is limited to 12 percent

Kathmandu. In the half-yearly review of the current financial year 2082 and 83, both the income and expenditure of the government are seen to be weak. According to the Comptroller General's Office, the central government's income has been limited...