Synergy Power Calls Out SGM to Approve Right Proposal

Feb 01, 2023 10:32 AM Merolagani



Synergy Power Development (SPDL) has called out a special general meeting (SGM) on February 16 in its registered office at 11 am.

The meeting will approve a proposal of issuing 50 percent rights shares of its paid-up capital.

The right issue was approved by Electricity Regulatory Commission on January 26.

As per the company, it is issuing the right shares to promote 10 MW Sipring Khola Hydropower Project in Dolakha District.

In this regard, the company will close its book on February 8, thus, the shareholders registered in its book till February 7 will be eligible to attend the SGM.




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