The meeting will endorse a proposal of issuing 30 percent IPO of the current paid-up capital. After the IPO issuance, the paid-up capital of the company will reach above Rs 2 billion.
Moreover, the meeting will approve financial reports of the company.
The company has already appointed NMB Capital as its issue manager. Presently, the company has paid-up capital of Rs 1.54 billion. After the IPO issuance, the promoter and ordinary share ratio of the company will be maintained at 70:30.
