Kathmandu. Dolti Power Company has called its special general meeting.
A meeting of the board of directors of the company held on Monday decided to hold a special general meeting on August 15. The meeting will begin at 8:30 am at Kazi Kitchen in Old Baneshwor, Kathmandu.
The assembly will pass a proposal to issue 100 per cent right shares in the ratio of 1:1 of the existing paid-up capital. The meeting will approve the decision taken by the Board of Directors regarding the use of the money received from the sale of the right shares.
Similarly, the Assembly will pass a resolution regarding making necessary amendments in Section 6 of the Memorandum of Management to increase the authorized, issued and paid-up capital. The Assembly shall approve a proposal authorising the Board of Directors to make any changes or amendments in these proposals if directed by the regulatory bodies to do so accordingly.
The company has decided to close the book on July 15 for the special general meeting purpose. This means that only the shareholders who have been in office till July 15 will be eligible to participate in the company’s special general meeting.
