North City Multipurpose to Issue IPO

Kathmandu: North City Multipurpose Limited has called its first annual general meeting on Monday, Jestha 11, at 3:00 p.m. at the company’s office in Tokha-10, Kathmandu, to pass a proposal to issue an IPO. The meeting will authorize the board of directors to submit, for approval from the regulatory authority, an application for the initial public offering (IPO) equivalent to 20 percent of the issued capital after the capital increase, and to carry out all related procedures.

The meeting will also approve the financial statements for the previous fiscal year, appoint an auditor for the current fiscal year, elect the board of directors, determine the allowances and service benefits of senior employees, and grant the board of directors authority to make necessary amendments to the memorandum and articles of association.

Express

Related News

What is the exchange rate of which foreign currency on Monday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 148 rupees 39 paisa and the selling rate is 148 rupees 99 paisa. Similarly, the...

Exchange rate of foreign currency Dollar, pound and the currency of the Gulf countries at what price is being bought and sold?

Kathmandu. Nepal Rastra Bank has published the official exchange rate of foreign currencies for Monday. According to the information published by the Central Bank, today the buying price of one US dollar is 152 rupees 04 paisa and the selling pric...

A rise of 47.55 points in NEPSE, the most traded among hydropower companies

Kathmandu. On the first trading day of the week, NEPSE index increased by 47.55 points to 2633.42. Today, 1 crore 34 lakh 68 thousand 145 shares of 328 companies were bought and sold, and 5 billion 53 crore 13 lakh shares were traded. Today, while...

Tragedy in Vidur's Betravati: 22 people found dead in a house flooded

Nuwakot. A heart-wrenching incident has come to light in Bidur Municipality 10, Betrawati, Nuwakot due to the severe flooding of the Trishuli River, which is flowing through the upper region of Rasuwa. The bodies of 22 people were found buried in...

Decision to blacklist 9 construction companies including Kancharam

Kathmandu. The Public Procurement Monitoring Office has decided to blacklist 9 builders and suppliers including Kancharam Construction Company Pvt Ltd. The office under the office of the Prime Minister and the Council of Ministers informed through...

With the new financial year, the burden of taxes was added: From today, these seven sectors will become more expensive for consumers

Kathmandu. The government is going to implement new taxes and additional charges on various goods and services from the beginning of the new financial year i.e. from 1st July. With the aim of strengthening internal revenue collection and raising f...