Venture Hire Purchase changes AGM date while preparing for IPO

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Rabindra Bhattrai
Rabindra Bhattarai is a respected finance expert, widely known for his contributions to Nepal’s capital market through research, and authorship on stock market investment and financial...
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Venture Hire Purchase Limited is a well-known finance company in Nepal. Every year, it holds an annual general meeting (AGM) to discuss important decisions with its shareholders. This year, the company has made a change to the schedule of its 9th AGM.

Venture Hire Purchase Limited has changed the date of its 9th annual general meeting. The meeting, which was originally scheduled for Bhadra 27, will now be held on Asoj 5. It will take place at the company’s registered office in Pani Pokhari, Kathmandu, starting at 4 pm.

During the AGM, several important proposals will be discussed. One key item is the plan to sell shares through an initial public offering (IPO). The company will also propose distributing a 10 percent cash dividend to shareholders.

Other topics include appointing new directors, reorganizing the board of directors, and making changes to the company’s capital structure. The memorandum and bylaws will be updated as needed. The board’s report will be presented, and auditors will be appointed.

These decisions are important for the company’s future and may attract interest from investors and shareholders.

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Rabindra Bhattarai is a respected finance expert, widely known for his contributions to Nepal’s capital market through research, and authorship on stock market investment and financial management.
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