Moreover, the hydropower company will also provide authority to BOD for the acquisition in the AGM. Apart from it, other agendas of the AGM remain election of BOD from general shareholders, change in registered address of the company and allowance fixation for the BOD.
The company has called out its AGM in Smart Café and Banquet, Kathmandu at 1100 hours. The company is closing its book from December 29 to January 12 for the AGM purpose, thus, the shareholders registered in the book by December 28 will be eligible to attend the AGM.
The company with Rs 1.05 billion in paid-up capital recently doubled its capital to Rs 2.11 billion through a right issue.
In the first quarter of the current FY, the company earned a net profit of Rs 151.9 million.
