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Machhapuchhre Capital Limited Holds 5th Annual General Meeting

Machhapuchhre Capital Limited Holds 5th Annual General Meeting

Economist Nepal

Tue, Kartik 13 2081

Machhapuchhre Capital Limited Holds 5th Annual General Meeting

Kathmandu: Machhapuchhre Capital Limited successfully held its 5th Annual General Meeting (AGM) today, Kartik 13, 2081 (October 29, 2024), at the Baluwatar Palace Banquet, Gairidhara, Kathmandu. The meeting was chaired by Chairman of the Board, Bishwambhar Neupane, with CEO of Machhapuchhre Bank Limited, Santosh Koirala, attending as the chief guest.

During the AGM, several key proposals were passed, including:

  • Annual Report presented by the Board of Directors.
  • Auditor’s Report and financial statements for the fiscal year 2080/81.
  • Appointment of the auditor for the fiscal year 2081/82.

In his remarks, the Chairman expressed gratitude to the shareholders for their active participation in the AGM. He also shared significant developments, announcing that the company had received approval from the Nepal Securities Board (SEBON) on Ashwin 16, 2081, to operate as a fund manager and depository for collective investment schemes. Furthermore, the company registered its investment plan on Ashwin 21, 2081, and is currently in the process of obtaining final approval.

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