Ngadi Power has called out its 5th AGM on September 20. The board of directors meeting of the company held on August 23 has decided to call out the AGM in Amritbhog Caterers, Kalikasthan, Dillibazaar, Kathmandu at 11:00 AM.
The AGM is supposed to endorse a proposal of distribute 10 percent cash dividend (excluding tax). Moreover, the company will also endorse a proposal of issuing 30 percent right shares of the current paid-up capital endorsed by previous AGM.
The company with Rs 530 million in paid-up capital has earned a net profit of Rs 58.6 million in the last FY. It has maintained EPS of Rs 10.95.
