United Modi Hydropower Limited has announced that it will book close on Baisakh 4, 2083, for its 12th Annual General Meeting (AGM) and dividend distribution purpose. Accordingly, investors who remain shareholders in NEPSE until today will be eligible to receive the declared benefits. The company has decided to distribute a 7% bonus share based on its existing paid-up capital along with a 0.36842% cash dividend to cover tax on the bonus shares. The 12th AGM has been scheduled for Baisakh 27, 2083, at 11:00 AM at Kalimati Banquet, Kathmandu. The meeting will also discuss key agendas including converting the company into a holding company with a name change, amendments to the memorandum and articles of association, approval of a rights share issuance proposal, and granting authority to the board of directors to proceed with necessary decisions and processes.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
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