Sarbottam Steels Limited Announces 5th AGM Scheduled for Mangsir 28

Sarbottam Steels Limited has announced that its 5th Annual General Meeting (AGM) will be held on 28th Mangsir, 2082. The decision was made during the company’s 67th Board of Directors meeting, held on Mangsir 5. The company has published an official notice to inform all shareholders about the upcoming AGM in accordance with Section 67(2) of the Companies Act, 2063.

The AGM is scheduled to take place at the company’s registered office in Tinkune, Kathmandu, beginning at 1:00 PM. Shareholders are encouraged to attend the meeting, where various operational and financial matters related to the company will be discussed and resolved.

One of the key agendas of the meeting includes the discussion and approval of the Board of Directors' annual report for the fiscal year 2081/82. The AGM will also review the auditor’s report, including the balance sheet up to Ashad-end 2082, the profit and loss statement for FY 2081/82, the cash flow statement, and other related financial schedules. These documents will be presented and approved after detailed discussion.

Additionally, the meeting will appoint an auditor for the fiscal year 2082/83, as required by Section 111 of the Companies Act, 2063, and determine the remuneration for the appointed auditor. Another agenda includes approving the transactions conducted with related parties—either with major shareholders or entities associated with the company—in accordance with Section 93 of the Companies Act.

The AGM will conclude with discussions on various other matters deemed necessary for the company’s operation and governance. Sarbottam Steels Limited has urged all shareholders to participate actively in the meeting and contribute to the company’s future direction.