Aankhukhola Hydropower Company Calls out AGM on May 27

May 06, 2018 Merolagani



Aankhukhola Hydropower Company (AKHCL) has called out its 10th AGM on May 27. The board of directors meeting of the company held on May 3 decided to call out the AGM on D.E.C.C (Pawan Hall), United World Trade Centre, Tripurehwor, Kathmandu on May 27 at 10: AM.

The AGM is supposed to endorse BOD report, balance sheet, profit and loss account and cash flow report of the last FY. Moreover, the AGM is set to appoint auditor and his/her remuneration for the FY 2074/75 as well as elect 5 directors from promoter group for the next four years.

Moreover, the AGM is supposed to delegate authority to its BOD to seek potential companies for merger or acquisition, to decide on possible investment in other hydro projects or to develop hydro projects through subsidiary companies.