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Kriti Venture Fund Limited to Issue IPO

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NEPSE trading

Kriti Venture Fund Limited to Issue IPO

Kriti Venture Fund Limited has decided to issue an Initial Public Offering (IPO). The company's 53rd Board of Directors meeting, held on Ashoj 14, made the decision to proceed with the IPO issuance.

IPO Issuance: The company has decided to issue an IPO for the general public.

8th Annual General Meeting (AGM): To approve the IPO issuance, the company has called its 8th AGM on Mangsir 14 at 4 PM at Dushit Princess, Lazimpat, Kathmandu.

Agenda for Discussion at the AGM:

  • Approval of the IPO issuance proposal

  • Proposal regarding mergers or acquisitions

  • Proposal to capitalize the loan provided to the Dobhankhola Hydropower Project

  • Discussion on the Board of Directors' and auditor's report, balance sheet, profit-loss statement, and cash flow statement from the last fiscal year

  • Appointment of an auditor and determination of remuneration for the current fiscal year

The IPO issuance by Kriti Venture Fund Limited will provide an investment opportunity for the general public while strengthening the company’s capital base.

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