Tomorrow, eight companies will convene their Annual General Meetings (AGMs): Chandragiri Hills Limited, Nepal Hydro Developers, Taragaun Regency Hotels, Chirkhwa Hydropower, Panchakanya Mai Hydropower, Peoples Hydropower Company, Bottlers Nepal (Balaju), and Bottlers Nepal (Terai).
Chandragiri Hills Limited will hold its 16th AGM at the Bottom Station Complex, Thankot, Kathmandu, starting at 11:00 AM. The meeting will propose 5% bonus shares on the paid-up capital and 0.2632% cash dividend for tax purposes. A proposal for a 100% rights issue after the bonus share distribution will also be presented. Other agendas include amendments to the Articles of Association and bylaws, approval of loans from Prabhu Bank for new projects, and auditor appointment. For AGM and dividend purposes, the book closure was on Poush 11, making shareholders registered by Poush 9 eligible to attend and receive dividends.
Nepal Hydro Developers Limited will hold its 19th AGM at Amrapali Banquet, Bhatbhateni, Kathmandu, starting at 11:00 AM. The meeting will approve 9% bonus shares and 0.47% cash dividend from FY 2081/82, totaling 9.47% dividend. The book closure was Poush 7, allowing shareholders registered by Poush 6 to participate.
Taragaun Regency Hotels Limited will hold its 29th AGM at the Army Officers Club, Bhadrakali, Kathmandu, at 11:00 AM. The AGM will approve 5% cash dividend (excluding tax), amend the Articles and bylaws, and appoint auditors with determined remuneration. Book closure for the AGM and dividend was conducted from Poush 7 to 18, making shareholders registered by Poush 6 eligible.
Chirkhwa Hydropower Limited will hold its 7th AGM at Kundalini Royals, Jorpati, Kathmandu, at 10:00 AM, proposing a 1:1 rights issue. The meeting will also authorize the board to handle necessary procedures, identify suitable projects for investment or development, repay loans, and appoint auditors. Book closure was on Poush 13, allowing shareholders registered by Poush 12 to attend.
Panchakanya Mai Hydropower Limited will hold its 9th and 10th AGMs at Kupandol Banquet, Lalitpur, starting at 11:00 AM. The agenda includes approval of annual reports and audited financial statements for FY 2080/81 and 2081/82, appointment of auditors for FY 2082/83, and election of four directors, including one female representative from the founder group. Book closure was on Poush 14, making shareholders registered by Poush 13 eligible.
Peoples Hydropower Company Limited will hold its 18th AGM at Quality Banquet, Budhanagar, starting at 11:00 AM. The meeting will approve a 1:1 rights issue, discuss the previous year’s annual report and audited financial statements, and appoint auditors with determined remuneration. Book closure was on Poush 11, making shareholders registered by Poush 9 eligible.
Bottlers Nepal (Terai) and Bottlers Nepal (Balaju) will hold their AGMs at Hotel Yak & Yeti, Darbarmarg, Kathmandu. Bottlers Nepal (Terai) AGM will start at 11:30 AM, and Bottlers Nepal (Balaju) AGM at 3:00 PM. No dividend proposals will be presented, as both companies decided not to distribute dividends for the previous fiscal year. The agenda includes approval of annual reports and financial statements, and for Bottlers Nepal (Balaju), the AGM will approve the appointment of Siddhant Raj Pandey as an independent director and elect one general shareholder director. Book closure for both companies was on Poush 11, allowing shareholders registered by Poush 10 to participate.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
