The meeting will approve a proposal of issuing 1:1 right shares of its paid-up capital to its shareholders.
The company states that the fund thus accumulated will be invested in Likhu Khola Hydropower Project and to pay loans on Kabeli B1 Cascase Hydropower Project.
Similarly, the meeting will delegate authority to BOD to carry out necessary tasks as per the direction of the regulatory bodies.
In this regard, the company will close its book on June 13, thus, the shareholders registered in its book till June 12 will be eligible to attend the SGM.
