Universal Power Company Limited has scheduled its annual general meeting to approve bonus shares, cash dividends, and a rights issue following last fiscal year’s profits.
Universal Power Company Limited has announced an annual general meeting (AGM) to approve proposals for distributing bonus shares and issuing rights shares from last fiscal year’s profits. The meeting will be held on Asoj 23 (Thursday) at 10:00 AM at Darbar Restro Hotel & Party Venue, Tikhedhaval, Lalitpur.
The AGM will seek shareholder approval for a 9% bonus share and a 0.4737% cash dividend. In addition, the meeting will consider proposals for a 100% rights issue following the bonus distribution, amendments to the company’s memorandum of association, the appointment of auditors and independent directors, and the election of two board members.
For the purpose of the AGM, the company has decided to close the share register on Asoj 8.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
