Kathmandu, February 13, 2025: Swayat Namuna Aawas Limited, a prominent housing development company in Nepal, successfully conducted its 7th Annual General Meeting (AGM) at its central office at Kuleshwor in Kathmandu on 10th February, 2025. The meeting commenced at 11:00 AM and was attended by the company’s shareholders, board members, and authorized representatives.
The AGM, chaired by Mr. Raj Kumar Sapkota, reviewed the company’s progress and financial performance for the fiscal year 2080/081. Key discussions and decisions during the meeting included:
1. Approval of the annual progress report for FY 2080/081 as presented by the chairman.
2. Review and approval of the audited financial report for FY 2079/080, along with the financial statement for Ashad 2081.
3. Endorsement of proposals for fostering self-reliance and community development initiatives aimed at contributing to national prosperity.
4. A detailed presentation on the proposed Land Bank concept, highlighted by Advocate Mr. Bishwa Lal Shrestha, which emphasized the strategic importance of efficient land resource management.
5. Deliberation on potential joint investment ventures to strengthen the company’s growth.
6. Other relevant issues as part of the miscellaneous agenda.
Other executive committee members, including Mrs. Bhuwaneshori Hada, Bal Bahadur Tamang, Roshan Sharma, Rajeshwar Baidhya, Lokeshwar Dangol, and Buddhiman Dhungana, actively participated in the discussions, contributing their insights and perspectives.
The AGM emphasized the company’s commitment to sustainable housing development and community growth. It highlighted the importance of aligning its operations with national development goals while addressing the needs of local communities.
Shareholders expressed satisfaction with the company’s performance and its future roadmap, particularly its focus on collaboration with the Land Bank and joint investment strategies, which are expected to bolster its impact in the housing sector.
Swayat Namuna Aawas Limited continues to position itself as a key player in the housing industry, promoting sustainable and inclusive development across Nepal.