North City Multipurpose to Issue IPO
-
Media Baaji
- Sun, 3 May 2026
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
Two Nepali farmers who were jailed for going to India to buy fertilizers were released on bail after 38 days
Kathmandu. Two Nepalese farmers from Sarlahi, who were arrested while going to India to buy chemical fertilizers for their fields, have been released after 38 days. Suresh Prasad Singh and Nagendra Prasad Singh of Balra Municipality-5 of Sarlahi w...
More than 2.7 million smart licenses were sent to the offices for distribution
Kathmandu. The Transport Management Department has completed the printing of driver's license (Smart License) which has been stopped for the past four years and has accelerated the distribution process.
The department issued a statement and...
149 countries are open for Nepali workers, labor contracts are limited to 13
Kathmandu. Although the government has opened up 149 countries for Nepali workers, it has signed bilateral labor agreements with only 13 countries so far. With the signing of a labor agreement between Nepal and Saudi Arabia on January 11, the numb...
Have you seen the IPO results of Salpa Bikas Bank?
Kathmandu. Salpa Development Bank Limited has distributed the IPO issued to the general public. The company had opened the IPO sale of a total of 14 lakh 39 thousand 179 shares to the general public.
The IPO was distributed through the Gola...
277 customers blacklisted for not paying electricity tariff
Kathmandu. Bharatpur distribution center under Nepal Electricity Authority has blacklisted 277 customers who have not paid electricity tariff in the current financial year. According to the center, action has been initiated against customers who h...
Today is the exchange rate of foreign currency, how much of which country?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the value of the US dollar has increased. The buying rate of one American dollar is fixed at 140 rupees 47 paisa and the s...