Everest Colour Limited Announces 2nd AGM Scheduled for Mangsir 29

Everest Colour Limited has announced that its 2nd Annual General Meeting (AGM) will be held on 29th Mangsir, 2082. The decision was made during the board meeting held on 1st Mangsir, 2082, and the company has issued an official notice informing all shareholders in accordance with Section 67(2) of the Companies Act, 2063.

The AGM will take place at Trishakti Banquet, Kaushaltar, Bhaktapur, beginning at 10:00 AM. Shareholders are requested to attend the meeting to discuss and approve various agendas proposed by the board.

Among the general proposals, the AGM will discuss and approve the Board of Directors’ annual report for the fiscal year 2079/80 and 2080/81. The meeting will also review and endorse the auditor’s report, balance sheet, profit and loss statement, and cash flow statement for FY 2081/82.

The AGM will further appoint an auditor for the fiscal year 2082/83 and determine the auditor’s remuneration.

Under the special proposals, the company has included a plan related to the issuance of primary shares (IPO) to the general public. Additionally, the AGM will discuss granting authority to the board or any appointed individual to make necessary amendments to the company’s Memorandum of Association and Articles of Association as required by regulatory directives.

The company has also provided general instructions regarding AGM participation. Shareholders must bring a valid identification document or proof of share ownership to attend. The shareholders' attendance book will remain open from 9:00 AM to 10:00 AM on the meeting day. If a shareholder who has already appointed a representative attends in person and signs the attendance register, the proxy will automatically become invalid.

For further information, shareholders may contact the company's central office at 01-66348021 or visit the website everestcolour.com.