6th November, Kathmandu
Reliance Spinning Mills Limited has announced its plans to hold its 30th Annual General Meeting (AGM) on November 14, 2024. The meeting will take place at the company’s headquarters in Kamaladi, Kathmandu.
30th Annual General Meeting Reliance
During the AGM, shareholders will review the company’s annual and financial reports for the past fiscal year. The board of directors will also propose the appointment of an auditor for the current fiscal year and discuss the auditor’s remuneration. Additionally, the board will seek shareholder approval for specific provisions under the Companies Act.
This AGM will provide an important platform for shareholders to discuss the company’s performance, plans, and other crucial matters.
For more: 30th Annual General Meeting Reliance
About Reliance:
Reliance Spinning Mills, established in 1994, is Nepal’s largest spinning mill. Known for its advanced technology and high-quality products, the company operates two state-of-the-art factories in the Sunsari district.
Equipped with world-class machinery, Reliance Spinning produces a wide range of yarns, including polyester, viscose, acrylic, cotton, and blends. The company is committed to quality and innovation, and it is Nepal’s largest textile exporter, generating over $50 million annually.
Reliance Spinning employs over 4,000 people, making it a significant contributor to Nepal’s economy. The company is also focused on sustainability and community development.