Everest Colour Limited Calls AGM With Agenda to Discuss IPO Issuance
Fri, Oct 25, 2024 10:55 AM on Latest, IPO/FPO News, AGM/Special AGM,
Everest Colour Limited has called its AGM on 1st Mangsir, 2081. The meeting will be held in the White Palace Banquet, Madhyapur Thimi, Bhaktapur, starting at 11:00 AM that day.
These are the agendas of the AGM:
1) Endorsement of the annual report of the company
2) Endorse the auditor's report for 2080/81 with PNL statements, financial reports, and cash flow reports.
3) Appointment of the auditor and determination of their remuneration for the fiscal year 2081/82.
4) To approve all the decisions made by the board of directors in the previous meetings.
5) To elect 5 directors from the promoter shareholding groups.
6) To issue an Initial Public Offering (IPO) to the general public.
7) To authorize the Board of Directors to modify the Articles of Association and Regulations.
8) Miscellaneous.
Everest Colour Ltd., established in 2011 (2068 B.S.) in Nepal, has quickly become a leader in the country's paint industry. Composed of young professionals from various paint companies, the company has made significant strides in a short time. Through extensive research and modern technology, Everest Colour Ltd. offers a range of high-quality products, including exterior and interior emulsion paints, primers, enamel paints, wood and metal primers, acrylic distempers, aluminum paints, gold paints, cement paint, floor paint, and industrial paints.