The companies are closing their books on December 4 for upcoming AGM, thus, the shareholders registered in its book till December 3 will be eligible to attend the AGM.
Sikles Hydropower (SIKLES) is conducting 20th and 21st AGM on December 15 in Avya Cub, Gharipatan, Pokhara, Kaski at 11 am. The meeting will endorse a proposal of issuing15 percnet stock and 0.789 percent cash dividend for tax purposes. Moreover, the meeting will approve proposal of issuing 1:1 right share of the paid-up capital maintained after bonus share distirbution. Similarly, the meeting will endorse a proposal of delegating authority to BOD to amend article and memorandum of association and forward right issue and appoint an auditor.
Similarly, ICFC Finance (ICFC) is conducting its 22nd AGM on December 15 in Boudha Heritage, Baudha Pipalbot, Kathmandu at 10 am. The meeting will endorse a proposal of distributing 15.7895 percent cash dividend including tax to its shareholders. The meeting will also delegate authority to BOD to amend article and memorandum of association and appoint an auditor.
