Preparations for IPO issue by Shangrila Energy at premium price

Sangrila Energy Limited is planning an initial public offering (IPO) at a premium price with the aim of offering attractive returns to equity investors. The meeting of the board of directors held on May 25 of the company has decided to hold a special general meeting after finalizing this proposal. This important meeting will be held at the company's registered office, Naxal, Kathmandu at 11 am. The Special General Meeting will approve the proposal to issue the IPO at a premium and hand over the entire responsibility of the process to the Board of Directors of the Company. This move is expected to further strengthen the capital raising process of Sangrila Energy and contribute significantly to its growth.