Purwanchal Lube Oil Gears Up for IPO Issue

Sep 04, 2024 10:28 AM Merolagani



Purwanchal Lube Oil is preparing to issue initial public offering (IPO) to the general public.

The company has listed IPO proposal among the agendas for upcoming AGM.

The company is conducting its second annual general meeting (AGM) on September 25 in Airport Hotel, Sinamangal, Kathmandu at 10 am.

Along with IPO proposal, the meeting will approve a proposal of distributing 10.52 percent cash dividend. Moreover, the meeting will delegate authority to BOD to amend article and memorandum of association and approve annual reports of FY 080/81.




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