The meeting is supposed to endorse a proposal of postpone previously endorsed FPO proposal, instead, issue 1:1 right shares and delegate authority to BOD to carry out further procedure. The meeting is set to approve proposals on increasing authorized and issued capital and amend its article of association and policies as per change in capitals.
Moreover, the meeting is scheduled to approve financial reports of the last FY, appoint auditor for the current FY and approve loan for upcoming project Kabeli B-1 Cascade.
Similarly, Nyadi Hydropower (NGPL) has called out its 11th AGM on December 14. The board of directors meeting of the company held on November 12 decided to call the meeting in registered office of the company at Buddhanagar, Baneshwor at 5 PM.
The meeting is scheduled to approve financial reports of the last FY and appoint auditor for the current FY.
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