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.
Related News
What is the exchange rate of which foreign currency on Sunday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Sunday. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 142 rupees 84 paisa and the selling rate is 14...
Electricity of Bheri-Babai project will be connected to national transmission: 132 kV transmission line is being constructed
Surkhet. The process of connecting the electricity produced by the national pride Bheri-Babai diversion multi-purpose project to the national transmission system has started.
In order to connect the electricity produced by the project to the...
Janakpur-Jayanagar train service will be closed for 3 days for election
Kathmandu. Nepal Railway Company Limited has announced that the train service operating on the Janakpur-Jayanagar section will be completely closed for three days, aiming at the upcoming election of members of the House of Representatives. Accordi...
Foreign currency exchange rates: what is the price of dollars, euros and pounds?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Thursday. According to the information released by the Central Bank, the exchange rate of US dollar, euro and pound sterling has remained high today.
Accordin...
Night business closed in Kathmandu from 18th
Kathmandu. Night business has been banned in Kathmandu from February 18th after 9 pm. District Administration Office Kathmandu has banned night business operations in view of the election of members of the House of Representatives to be held on Fe...
What is the exchange rate of US Dollar, Euro and Pound?
The Kathmandu. Nepal Rastra Bank has fixed the exchange rate of foreign currency for today. According to the price determined by the Central Bank, the buying rate of US Dollar today is 152 rupees 31 paise and the selling rate is 152 rupees 91 pais...