Bhagawati Hydropower Conducting 23rd AGM Today | To Endorse Dividend & Elect Directors

January 9, 2024 | Investopaper

Bhagawati Hydropower Development Company Limited (BGWT) will organize its 23rd Annual General Meeting (AGM) on Poush 24, 2080 BS. The board meeting of the company held on Mangsir 24, 2080 BS has decided to convene the meeting at Arpan Banquet, Thapagaun, Kathmandu. The AGM will start after 10 AM.

Major Agendas of the AGM are:

Discussion & approval of the financial report of the fiscal year 2079/80.

Approval of Balance Sheet, Income Statement, and Cash Flow Statement of the fiscal year 2079/80.

Appointment of Auditor for the fiscal year 2080/81.

Endorsement of 10.5263 percent dividend to the shareholders.

Election of directors-7 representing promoter shareholders and 2 representing public shareholders.

Book Closure:

For the purpose of AGM, BGWT has announced the book closure date on Poush 5, 2079 BS. Hence, the investors purchasing shares before that date can participate in the Annual Meeting.


Related: Bhagawati Hydropower Development Company’s IPO

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