Three companies are scheduled to hold their annual general meetings (AGMs) on Sunday, Poush 27. The companies include Eastern Hydropower Limited, Madhya Bhotekoshi Hydropower Company Limited, and Sagar Distillery Limited.
Eastern Hydropower Limited will hold its 9th AGM at Hotel Hardik, Wagle Bazaar, Kathmandu, starting at 11:00 AM. The meeting will present a special proposal for a 1:1 right share issuance and discuss the annual report, audit report, balance sheet, profit and loss statement, and cash flow statement for FY 2081/82. Additionally, the AGM will consider the appointment and remuneration of auditors, amendments to the memorandum of association, and the election of directors, including 5 from the founder group, 1 from the public group, and 1 independent director. For AGM purposes, the company had closed its share register for one day on Poush 20, making shareholders recorded as of Poush 19 eligible to participate.
Madhya Bhotekoshi Hydropower Company Limited will conduct its 13th and 14th AGMs at Kundalini Darbar Banquet, Chandol, Kathmandu, beginning at 11:00 AM. The meetings will discuss and approve the annual reports for FY 2080/81 and 2081/82, along with financial statements including the balance sheet, income and expenditure details, and cash flow statements up to Ashad end. The AGM will also consider the approval of the appointed auditor for the current fiscal year, appointment and remuneration of auditors for FY 2082/83, and approval of financial assistance provided to various organizations. The company had closed its share register for one day on Poush 16, making shareholders recorded as of Poush 15 eligible to attend.
Sagar Distillery Limited will hold its 3rd AGM at Ela Resort, Gaindakot, Nawalpur, starting at 9:30 AM. The meeting will discuss and approve the annual report for FY 2081/82 presented by the board chairman, along with the audit report, balance sheet, profit and loss statement, and cash flow statement up to Ashad end 2082. The AGM will also consider the appointment and remuneration of auditors for FY 2082/83, the election of two public directors, and the approval of one director appointment. For AGM purposes, the company had closed its share register for one day on Poush 14, making shareholders recorded as of Poush 19 eligible to participate.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
