Synergy Power Development Limited’s postponed 19th Annual General Meeting (AGM) is scheduled to begin at 11:00 AM on Magh 8 at Amrapali Banquet, Bhatbhateni, Kathmandu. The AGM was initially called on Poush 28 at the same venue and time but was postponed due to the lack of a quorum.
During the AGM, shareholders will decide on the proposed 10% bonus shares and a 0.5263% cash dividend based on the paid-up capital as of the end of Ashad. The meeting will also approve the annual report for the previous fiscal year, the auditor’s report, and the financial statements. Additionally, shareholders will appoint auditors for the current fiscal year and determine their remuneration.
Other agenda items include the election of four directors, including one woman director, approval of an independent director, formation of board committees, and granting the board authority to implement any suggestions or directives received from regulatory bodies.
For the purpose of the AGM and dividend distribution, the company had declared a book closure on Poush 14. Accordingly, only shareholders recorded in the Nepal Stock Exchange (NEPSE) up to Poush 13 are eligible to attend the AGM and receive the dividend.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
