United Modi Hydropower Calls Out AGM on December 27

Dec 02, 2018 Merolagani

United Modi Hydropower (UMHL) has called out AGM on December 27. The board of directors meeting of the company held on November 25 decided to call the AGM in UWTC Hall, Tripureshwor, Kathmandu at 11:00 AM.

The AGM will endorse a proposal of distributing 5 percent cash dividend to its shareholders. Moreover, the meeting will approve financial statements of the last FY and appoint an auditor for the current FY.

The company is closing its book from December 11 to 27, thus, the shareholders registered in its book till December 10 will be eligible to attend the AGM and obtain the announced dividend.

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