Sarbottam Cement Calls AGM, What Happened to its IPO Via Book Building?

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Sarbottam Cement Limited has called its 3rd AGM on 11th Magh, 2078. The meeting will be held in the company’s office in Tinkune, Kathmandu, starting at 10 am that day.

These are the general agendas:

1) Endorsement of financial reports for the fiscal year 2077/78.
2) Endorsement of annual reports presented by the chairman.
3) Approval of audiitor’s compensation.
4) Misc.

These are the special agendas:

1) Issuance of IPO via book building.
2) Endorsement of purchase of limestone deposit located in Rorang, Dhading, for Rs. 15.01 crores.

Announcement

The IPO procedure of Sarbottam Cement has been controversial for reasons that have been heavily covered by media portals by now.


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