Bhaktapur- Everest Colour Limited successfully concluded its Second Annual General Meeting (AGM) today on Monday, Mangsir 29, 2082 (15 December 2025) at Trishakti Banquet, Kaushaltar, Bhaktapur.
The meeting, held under the chairmanship of the company’s Chairperson, discussed in detail the annual report for the fiscal year 2081/082 along with the financial statements-including the balance sheet, profit and loss account, and cash flow statement-together with the auditor’s report, and unanimously approved them.
The Annual General Meeting also passed a proposal to appoint an auditor and determine the auditor’s remuneration for the upcoming fiscal year 2082/083. In addition, the decisions and actions taken by the Board of Directors during the period were endorsed.
Under a special proposal, discussions were held regarding the company’s Initial Public Offering (IPO), and a decision was made to grant authority to the Board of Directors to proceed with the necessary process. Similarly, authority was granted to the Board of Directors or a person designated by the Board to amend the Memorandum of Association and Articles of Association, if required, in accordance with the directives of regulatory bodies.
The meeting witnessed notable participation from the company’s shareholders, members of the Board of Directors, and the management team. The company expressed its commitment to focusing on expanding production capacity, improving quality, and pursuing sustainable development in the days ahead.
