Modi Energy Limited has announced a Special General Meeting (SGM) on Asar 19, 2082, to discuss and approve the proposal of issuing 100% rights shares. The meeting will be held at Rani Mahal Banquet, Gyaneshwor, Kathmandu, starting from 11:00 AM.
The proposed agenda includes issuing rights shares in a 1:1 ratio based on the company’s current paid-up capital of Rs. 2.9 arba (290 crore). The meeting will also consider increasing the authorized and issued capital of the company and appointing one director from the founding group.
Additionally, the shareholders will authorize the Board of Directors to take necessary actions or follow any suggestions regarding the rights share issuance.
For the purpose of the SGM, the company has declared the book closure date on Asar 12, meaning shareholders registered by Asar 11 will be eligible to participate in the meeting.
This article was originally published on bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
