Greenlife Hydropower Limited’s Annual General Meeting (AGM), called for Magh 2, was postponed due to insufficient quorum. The company stated that the meeting could not proceed as the minimum number of shareholders required for the AGM was not present and that a new date will be set for the rescheduled meeting.
The AGM was set to discuss and approve the annual report and financial statements of the fiscal year, as well as to approve the sitting allowances for the board of directors. For the purpose of determining eligible shareholders, the company had announced a book closure on Poush 20. Accordingly, only shareholders registered up to Poush 19 were eligible to participate in the AGM.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
