Bandipur Cable Car and Tourism Limited is hosting its 3rd Annual General Meeting on the 14th of Poush, 2080, at the Bandipur Project Premises (Bottom Station), Cablecar Chowk, Bandipur-4, Tanahu, starting at 11:00 a.m.
The meeting covers various topics, including issuing ordinary shares to the public and locals, discussing the use of capital from share sales, and granting authority to the board for necessary procedures with regulatory bodies.
To talk about empowering the board of directors to handle essential processes with Nepal Securities Board, CDS and Clearing Limited, and Nepal Stock Exchange Limited for activities like public issuance, dematerialization, and listing of securities.
Agenda items also involve endorsing the auditor's report, appointing an auditor for the fiscal year 2080/81, and discussing director remuneration. The company, chaired by Mr. Ramchandra Sharma, comprises five Board of Directors and is supported by a management team experienced in the hospitality sector.
Situated in Bandipur, Nepal, a prime tourist destination, the project offers breathtaking views of the Himalayan range and a culturally rich village with 18th-century architecture. Bandipur Cable Car, a private limited company established on January 6, 2013, is developing a cable car and hotel project in Tanahu. The project, recognized as a "National Priority Project" by the National Planning Commission, provides transportation via cable car and lodging services, contributing to the tourism appeal of the region.
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