Seed Energy Calls First AGM on 28th Poush; To Endorse Agendas Related IPO and Right Shares Issuance

Seed Energy Limited (SEEL) has called its 1st AGM on 28th Poush, 2079. The meeting will be held in the company's head office located at Jawalakhel, Lalitpur, starting at 2 pm that day.

These are the agendas of the AGM:

1) Endorsement of financial reports for the fiscal year 2078/79.
2) Endorse the auditor's report with PL statements, financial reports, and cash flow reports after the merger of Seed Energy with Sunivesh Assets Pvt. Ltd.
3) Endorse the appointment of the auditor for the fiscal year 2079/80.
4) Approve decisions and actions made by BoDs for FY 2078/79.
5) Endorse consolidated audit report till the date of the company's merger.
6) Forming a Board of Directors.
7) Issuance of right shares.
8) Change the company's name.
9) Amendment of Articles of Association after increasing the authorized and issued capital of the company.
10) Authorizing the BoDs to start the process of issuing IPO to the general public.

According to the decision made by the Special General Meeting (SGM) of the company regarding the merger and as per the Scheme of Arrangement, all the assets, and liabilities of Sunivesh Assets Pvt. Ltd. will be taken over by Seed Energy Limited.

Seed Investments is a fact-driven investment management firm focused on adding value to client’s investments. The company invests in businesses that are scalable and that provide goods, services, and solutions that address their customers’ needs. Seed Energy is one of the investment portfolios managed by Seed Investments. SEED Energy Limited is a special purpose vehicle (SPV), focused on long-term investments in infrastructure. This SPV aims to support selected infrastructure projects in Nepal through capital injection while creating superior value for its shareholders through wealth maximization.

AGM Notice