Kathmandu. Chirkhwa Hydropower has called its seventh annual general meeting.
The meeting of the Board of Directors of the company has decided to hold the AGM on January 7. The meeting will begin at 10:00 am at Kundalini Royals in Jorpati, Kathmandu.
The AGM will endorse a special proposal of issuing 1:1 right shares of the existing paid-up capital of Rs 400 million. The AGM will also endorse another special proposal authorizing the Board of Directors to proceed with the necessary process for the issuance of right shares.
The meeting will identify suitable projects and pass a special proposal for investment. The meeting will also endorse a proposal to amend the capital structure of the company.
In the last fiscal year 2081. 82. The annual and auditor’s report will be approved. The same meeting shall approve the proposal relating to the appointment of the auditor and determination of his/her remuneration for the current fiscal year.
The company has decided to close the book on December 27 for the purpose of the meeting. This means that only the shareholders who have been established before December 13 will be eligible to participate in the AGM of the company.
