Nivix Pharmaceuticals to Hold AGM to Approve IPO Issuance

Nivix Pharmaceuticals Limited has announced an upcoming Annual General Meeting on Poush 18 to seek approval for issuing ordinary shares to the public.

The decision was made at a board meeting held on Mangsir 25. The AGM will take place at Pokhara Event Center, Pokhara, where four ordinary and three special proposals will be presented.

A key agenda item includes granting full authority to the board to proceed with the IPO process. The company stated that funds raised through the public issue will support business expansion and institutional strengthening, with its production facility located in Tanahun.