Kathmandu. Manakamana Engineering is going to hold its fifth Annual General Meeting (AGM) on September 15. The meeting will be held at Royal Durbar Restaurant and Venue at 10:30 am.
On behalf of the Board of Directors, the Meeting will discuss and approve the annual report for the financial year 2081/82, the audit report and financial statements for the financial year 2081/82 submitted by the auditor of the company.
Bharat & Associates, which is currently conducting audit in accordance with Section 111 of the Companies Act 2063, will be appointed, fixed and approved as auditors for the fiscal year 2082/83.
The meeting will discuss and approve the proposal for the issue of right shares, increase the capital of the company and amend the management rules, while issuing the right shares, to do necessary work in the regulatory bodies including the Electricity Regulatory Commission, Nepal Securities Board, Nepal Stock Exchange Limited, the Office of the Registrar of Companies, and to give authority to the Board of Directors of the company to do any amendment or direction to amend or make any amendment in the Management Letter and Regulations. The resolution will be passed.
