Taragaun Regency Hotel’s AGM Postponed after Brawl

Feb 15, 2023 02:54 PM Merolagani

The 26th AGM of Taragaun Regency Hotels taking place in the conference hall of Nepal Tourism Board has been cancelled after brawl arose among shareholders.

In the meeting, the ordinary shareholders of the company objected to the appointment of directors.

The shareholders reacted violently when the meeting tried to approve the already selected director to the board. The ordinary shareholders demanded to conduct an election for the director’s post.

The meeting was supposed to approve Suresh Raj Joshi as Chairman of Taragaun Bikas Samiti on behalf of ‘A’ listed shareholders, reappointed of Arun Kumar Shraf, Suresh Lal Joshi and Devesh Shraf as ‘B’ listed shareholders and reappointment of Sriwasta Shamsher Jabara and Manoj Kumar Rajbhandari as independent directors.

The company informed that it will reschedule the meeting after discussion.

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Himalayan Distillery’s Net Profit Declines by 39.5%

May 03, 2024 08:49 AM

Himalayan Distillery (HDL) has published its third quarter report of the current FY. As per the report, the company recorded a decline in sales during the review period compared to the corresponding period of the last FY.