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Akama Hotel Schedules SGM to Issue IPO at Rs. 50

Akama Hotel Limited has scheduled a Special General Meeting (SGM) for the 14th of Falgun, 2080. The meeting will take place at the company’s registered office located in Akama Hotel, Dhumbarahi, Kathmandu, starting at 11:30 AM.

One of the key agendas for the meeting is to propose issuing an Initial Public Offering (IPO) to the general public, along with increasing the authorized, issued, and paid-up capital of the company. Additionally, there will be a discussion regarding splitting the existing face value of 100 rupees into 50 rupees, as well as revising the articles of association and regulations. Another agenda is to determine the remuneration, allowances, and facilities for the directors.


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