Balephi Hydropower Limited has announced that its postponed 14th Annual General Meeting (AGM) will be held on Magh 8, 2082 B.S. The meeting, initially scheduled for Poush 29, 2082 B.S., was deferred as the required quorum was not met.
According to the company’s Board of Directors’ meeting on Poush 29, 2082 B.S., the AGM will be held at Hotel Crystal Pashupati, Kathmandu, starting at 11:30 AM. The meeting will present the proposals already decided upon, including the issuance of rights shares, determination of board meeting allowances, and approval of appointments to vacant director positions.
The AGM will also review and approve the annual report and financial statements for the previous fiscal year. Additionally, a proposal to appoint the auditor for the current fiscal year will be tabled for shareholder approval.
For the purposes of the AGM, the company had declared Poush 14, 2082 B.S., as the book closure date. Only shareholders registered as of Poush 13, 2082 B.S., will be eligible to attend the meeting.
This article was originally published on https://bajarkochirfar.com. Translated with the help of AI and reviewed by our editorial team.
COMMENTS