Ghorahi Cement Industry Proposes 75% Right Shares; Calls AGM on Poush 27

Ghorahi Cement Industry Limited (GCIL) has called its 4th AGM on 27th Poush, 2081. The meeting will be held in Hotel Pauwa, Ghorahi-15, Dang, starting from 9 AM that day.

According to the decision of the Board of Directors meeting of GCIL, the company has proposed to issue right shares in the ratio of 1:0.75 or 75% right shares.

The meeting of the board of directors held on Poush 5, 2081 has decided to issue the 75% right shares on the paid-up capital of Rs. 4.56 Arba. Hence, after the issue of 3,42,57,642.75 units of right shares, the paid-up capital of the company will increase to Rs. 3.42 Arba.

It is important to note that the issuance of these rights shares is contingent upon receiving approvals following the endorsement at the company's upcoming 4th Annual General Meeting (AGM).

Poush 17 is the book closure date. Thus, shareholders maintained before that day are eligible to attend this AGM.