Eastern Hydropower Limited has officially called for its 10th Annual General Meeting to take place on Ashoj 29 to discuss the company’s future financial plans and proposal for right shares.
Meeting Details and Agenda
The company informed that its 10th Annual General Meeting will be held on Ashoj 29. The meeting is scheduled to start at 11 AM at Hotel Hardik, Bagbazar, Kathmandu. During this event, the company plans to present the annual report, audit report, and financial statements for the fiscal year 2082/83 for approval.
Furthermore, the shareholders will decide on appointing the auditor for the fiscal year 2083/84 and fixing their remuneration. The management is also planning to move forward with the special proposal to issue 87.1% right shares in the ratio of 1:0.871. Since the company is planning to change the address of its registered office, they will also present a proposal to amend the company’s memorandum and articles of association.
Important Date for Shareholders
To prepare for this general meeting, the company will close its share registration book for one day on Ashoj 21. Because of this, only those shareholders who have traded their shares until Ashoj 20 will be able to join the annual general meeting. The company hope for a good turnout to discuss all these important matters.
AI Disclaimer: This article was originally published on https://bajarkochirfar.com. It has been translated with the help of AI. For the best understanding and accurate facts, we recommend reading the original Nepali version.
