Laxmi Laghubitta is conducting its 7th AGM on December 16 in Agrawal Bhawan, Kamalpokhari at 11:00 AM. The AGM is supposed to endorse a proposal of distributing 26.32 percent cash dividend worth Rs 63,684,211.
Similarly, Aurn Valley Hydropower has called out its 21th AGM on December 14 in Maitri Hall, Indreni Foodland, New Baneshwor at 11:00 AM.
The meeting is supposed to 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.