NIBL Ace Capital and Mega Capital Markets to Convene SGM on 29th Jestha to Endorse Agendas Related Acquisition

NIBL Ace Capital Limited and Mega Capital Markets Limited have called their SGM on 29th Jestha, 2080 respectively. The meeting of Mega Capital will be held in Hotel Crown Imperial, Kathmandu whereas NIBL Ace Capital's meeting will be held in its head office, Kathmandu. Both meetings will be starting from 4:30 pm that day.

Both the SGMs will pass a resolution regarding evaluating Due Diligence Audit, and Memorandum of Understanding and endorse a share swap ratio of 1:1 for the acquisition of Mega Capital Markets by NIBL Ace Capital. The meeting will also pass an agenda to make necessary amendments to the Articles of Association as the company's authorized, issued, and paid-up capital will increase after the acquisition. 

Furthermore, this SGM will endorse providing full authority to the board of directors to amend various acquisition-related proceedings accordingly if any instructions are received from the regulatory bodies.

SGM Notice of NIBL Ace Capital

SGM Notice of Mega Capital Markets