Ngadi Group Power postpones AGM to be held today

INVESTOPAPER

Ngadi Group Power Ltd. (NGPL) has informed about the postponement of the AGM that was scheduled to be held today i.e. Falgun 27, 2076. Due to the worldwide outbreak of corona virus and the government urge to not participate in the gathering, parties or conference, the company has decided to put off the Annual Meeting until the further notice. To view the notice, CLICK HERE.

The company had called for an AGM on Falgun 27, 2076. The meeting was about to take place at Amritbhog Caterers, Kalikasthan. For the same purpose, the book close date of the company was on Falgun 15, 2076. So, only those shareholders holding the shares of the company before the book close date could participate in the Annual General Meeting.

The board of directors meeting held on Falgun 1, 2076 has decided to distribute a 10 percent cash dividend (including tax) to its shareholders from the profit of the fiscal year 2075/76. The dividend will be distributed after the approval from the upcoming AGM of the company.

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