Kathmandu. Manakamana Engineering Hydropower limited has convened its fifth annual general meeting today.
The meeting will be held at Royal Durbar Restro and Venue in Maharajgunj, Kathmandu. The meeting will begin at 10:30 am.
The assembly will approve the proposal for issuance of right shares. The meeting also passed a proposal to authorize the Board of Directors of the company to carry out necessary work in the Regulatory Body including the Electricity Regulatory Commission, Nepal Securities Board, Nepal Stock Exchange, Office of the Registrar of Companies, and to amend or make any amendment in the Management Letter and Regulations. will.
On behalf of the Board of Directors, the meeting held the fiscal year 2081. The annual report of 82 will be discussed and passed and the company’s auditor will submit the financial year 2081. The audit report and financial statements of 82 will be discussed and approved.
According to Section 111 of the Companies Act 2063, Bharat & Associates, which is currently conducting the audit, has been given the financial year 2082. It will appoint, determine and approve remuneration as auditor of 83.
The company has already closed the book for the purpose of its annual general meeting on August 15. This means that only the shareholders who have been in office till August 15 are eligible to participate in the meeting of the company.
