Arghakhanchi Cement Limited is one of the leading cement industry of Nepal. The company has called the 23rd annual general meeting on 19th January 2022. ACL is planning to issue Initial public offering (IPO) to the general public in near future.
Arghakhanchi Cement IPO Issue
These are the agendas of the AGM:
1) Endorsement of financial reports for the fiscal year 2077/78.
2) Endorsement of annual reports presented by the chairman.
3) Appointment of auditor for the fiscal year 2078/79 and approval of their compensation.
4) Formation of BOD.
5) Misc.
Special Agenda
IPO issue to the general public through book building process
About Company (Arghakhanchi Cement Limited)
Arghakhanchi Cement Limited (ACL), previously Arghakhanchi Cement Pvt. Ltd. (ACPL) is one of the largest manufacturers of OPC and PPC cement through a single production plant in the entire country.
The company came into existence with an objective of establishing as well as operating separate clinker and cement manufacturing unit. The company has been producing high-quality clinkers through the use of ultra-modern Rotary Kiln technology for a decade. The use of high quality limestone has been instrumental in ensuring super-fineness resulting into the best quality in every single particle of the products.
Based in Siyari Rural Municipality – 2 of Rupandehi district, the clinker production plant makes use of ultra-modern Danish Vertical Roller Mill (VRM) introduced by FLSmidth Company of Denmark. Consequently, the structures where Arghakhanchi Cement has been used stand stronger and lasting.
Board of Directors (BOD) of Arghakhanchi Cement Limited (ACL)
The Board of Directors of Arghakhanchi Cement are as follows
- Jagadish Kumar Agrawal
- Pashupati Murarka
- Rajesh Kumar Agrawal
- Manoj Kumar Kedia
- Gaurab Agrawal
Sarbottam Cement Limited also planning to issue IPO to the general public. Now the IPO issue process is paused because of different controversy which we have present in video.
