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
Kalanga Hydro's IPO will be distributed on Wednesday, how many will get shares?
Kathmandu. The IPO of Kalanga Hydro Limited will be distributed on Wednesday. Sanima Capital Limited IPO is being prepared for distribution on Wednesday morning in the company's Securities Issuance and Sales Manager. Capital informed that the dist...
Despite the red market, the share prices of these 10 companies improved significantly
Kathmandu. The stock market has declined for the fourth consecutive day. The Nepal Stock Exchange (NEPSE) fell by 34.63 points to settle at 2,704.08 points. Trading volume has also been continuously declining. Today, 17.4524 million shares of 341...
Chumchet Syar Khola hydropower project was built in Chilime
Kathmandu. The government has granted power generation permits to three more hydropower projects. The Power Development Department under the Ministry of Energy, Water Resources and Irrigation has granted power generati...
The stock market closed down with normal numbers, "positive circuit" in 4
Kathmandu. On the first trading day of the week, there was a general decline in the stock market. NEPSE index decreased by 4.18 points to 2833.60 points. Although 20 million more shares were traded, the turnover was 8 billion 66 million rupees.&nb...
National Life Insurance 15.1 million contribution to the Divine Disaster Relief Fund
Kathmandu. National Life Insurance Company Limited has provided financial assistance of Rs 1.51 million to the Prime Minister's Divine Disaster Relief Fund for the relief, reconstruction and economic recovery of the citizens affected by the severe...
A general decline in NEPSE, turnover of 8.69 billion
Kathmandu. On the fourth trading day of the week, the NEPSE index decreased by 0.04 points and remained at the point of 2662.09. Today, 222 million 82 thousand 50 shares of 329 companies were bought and sold, and 8 billion 69 million 22 million sh...