Nepal Payment Solution Limited Calls AGM With Agenda to Discuss IPO Issuance

Wed, Oct 9, 2024 11:07 AM on Latest, IPO/FPO News,

Nepal Payment Solution Limited has called its 6th AGM on 14th Kartik, 2081. The meeting will be held in the Company Registrar's Office, Gairidhara, Kathmandu, starting at 2:00 PM 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 the appointment of director.
5) To issue an Initial Public Offering (IPO) to the general public.
6) To increase the capital of the company.
7) To authorize the Board of Directors to modify the Articles of Association and Regulations.
8) Miscellaneous.

Nepal Payment Solution Limited (NPX) functions as a regulated automated clearing house (ACH) that provides secure and seamless clearing and settlement for financial and non-financial transactions. The organization addresses the critical need for seamless and interoperable transactions in the digital payment industry. NPX aims to facilitate safe, fast, and easy electronic payments and transfers for all stakeholders in Nepal's expanding payment ecosystem and beyond.

AGM Notice: