IPO to be launched by Numbur Himalaya Hydropower

Numbur Himalaya Hydropower Limited has convened the Annual General Meeting on 7th October with IPO proposal. The meeting will begin at 11 a.m. at this company's registered office in Naxal, Kathmandu. In the meeting, the business will present its plan to launch an initial public offering. A suggestion has also been made to change the regulations and articles of association in order to allow for the issuance of shares at a premium price.

In addition, the balance sheet, profit and loss, and annual report of the board of directors for the fiscal year 2080–2081 will be covered. Appointing an auditor and deciding on compensation for the fiscal year 2081–2082 are also on the agenda.