Om Megashree Pharmaceuticals Limited Calls SGM; What Are The Agendas?

Om Megashree Pharmaceuticals Limited (OMPL) called its SGM on 28th Ashadh, 2083. The meeting will be held at the Company Industrial Premises, Jugedi, Bharatpur Metropolitan City–29, Chitwan, starting at 09:00 AM.

These are the agendas:

1. Approval of the board’s proposal for acquiring Royal Pharmaceuticals Pvt. Ltd.

2. Ratification of all actions, decisions, regulatory communications, and procedures completed so far in relation to the acquisition process.

3. Approval of the Due Diligence Audit (DDA) report, asset and liability valuation report, and the recommended share swap ratio determined by independent valuers.

4. Approval of the final Memorandum of Understanding (MoU), acquisition plan, business plan, and related documents.

5. Approval to issue and allocate shares of Om Megashree Pharmaceuticals to Royal Pharmaceuticals shareholders based on the approved share swap ratio.

6. Approval of amendments to the company’s authorized capital, issued capital, paid-up capital, shareholding structure, memorandum, and articles of association if required after the acquisition.

7. Authorization to the board of directors to make changes, revisions, and implement directives issued by regulatory bodies, including the relevant government agencies.

8. Granting full authority to the board to complete documentation, seek approvals, manage listing, dematerialization (Demat), record amendments, and execute all necessary procedures related to the acquisition.

The book closure date is on Ashadh 22. Therefore, the shareholders who held their shares before that day can attend this SGM.

SGM Notice: