Global IME is conducting the SGM in Pragya Pratisthan, Kamaladi, Kathmandu and Hathaway Finance is conducting the SGM in Hotel D Ratna Inn, Dharan at 11:00 AM.
The SGMs will endorse reports submitted by their respective BOD regarding acquisition and swap ratio of 100:42 decided as per DDA report.
Similarly, the meeting will delegate the authority to BOD to conclude the acquisition process and make amendments as per the requirement of the regulatory bodies.
Likewise, the SGM of Global IME will delegate authority to BOD to amend it's issued and paid-up capital in its article of association and memorandum of association.