Darchula Power to Issue Initial Public Offering (IPO)
18th September 2026, Kathmandu
Darchula Power Limited is set to issue an Initial Public Offering (IPO) of its ordinary shares to the general public.
Darchula Power IPO Issuance
The company plans to table the IPO issuance proposal during its upcoming tenth Annual General Meeting (AGM).
Key AGM Details
The board of directors of Darchula Power Limited decided during its meeting on Ashoj 1 to officially convene the tenth AGM.
- AGM Date and Time: Ashoj 23, 2083, Friday (10:00 AM)
- AGM Venue: Hotel Crystal Pashupati, Gaushala, Kathmandu
Key Proposals and IPO Plans
The AGM will discuss both regular financial business and special resolutions regarding the company’s capital structure and IPO issuance.
Financial Approvals: Discussion and approval of the audited financial statements for FY 2082/83, including the annual report and auditor’s report, along with the appointment and remuneration of the external auditor for the next fiscal year.
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IPO Issuance Proposal: Presentation of a special resolution to issue ordinary shares to the public via an Initial Public Offering (IPO).
Capital and Statute Amendments: Proposals to amend the company’s capital structure and make necessary updates to the Memorandum and Articles of Association to facilitate the IPO process.
Loan Approvals and Financing: Approval of existing bank loans that exceed prescribed limits for project development, along with authorizing the Board of Directors to secure additional debt financing as needed for project construction and operations.
Corporate Governance Decisions: Approval of board meeting allowances, travel expenses, other remuneration, and investments made in subsidiary companies.
Regulatory Authorization: Granting full authority to the Board of Directors to perform all necessary tasks and implement required modifications as directed by regulatory authorities during the IPO process.
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